Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
POLAND
- USDPLN has been consolidating sharply in the past few days, breaking below its 3.94 resistance this morning (down from a high of 4.0160 on Thursday). Next support to watch on the downside stands at 3.92, followed by 3.90.
- EURPLN continues to consolidate lower this morning, currently testing its 50DMA at 4.57; a break below that level would open the door for a move down to 4.55 (200D/100DMA). On the topside, first resistance stands at 4.60.
- PLNJPY ticks higher this morning and is currently testing its 50DMA at 28.34; a break above that level would open the door for a move up to 28.53 (200DMA) On the downside, first support to watch stands at 28, followed by 27.88.
- CZKPLN has been consolidating lower in the past two days, gradually approaching its 0.18 support level; next level to watch on the downside stands at 0.1797, followed by 0.1784 (100DMA). On the topside, first resistance to watch stands at 0.1822, followed by 0.1834 (which corresponds to the pair's all time high).
- PLNHUF ticks higher this morning, currently trading slightly above its 78 level. Resistance to watch on the topside stands at 78.43 (200DMA). On the downside, first support stands at 77.57 (100DMA), followed by 77.22 (50DMA).
- GBPPLN has been consolidating lower this morning, gradually 100DMA support at 5.30; next support to watch on the downside stands at 5.26 (200DMA). On the topside, key ST resistance stands at 5.40, which corresponds to the LT downward trending resistance. (chart below).
Source: Bloomberg/MNI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok