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.
CZECHIA
- USDCZK has been retracing slightly higher in the past few days, gradually approaching its 100D SMA at 21.45; a break above that level would open the door for a move up to 21.81 (200D SMA). On the downside, first support to watch stands at 21.13 (50D SMA).
- EURCZK has been trending higher in the past few days, gradually approaching its 50D SMA at 25.57; next resistance to watch on the topside stands at 25.80 (100D SMA), followed by 26. On the downside, ST support stands at 25.27.
- GBPCZK has been retracing higher this morning, breaking above its 200D SMA at 29.71; next resistance stands at 29.93, followed by 30. On the downside, first support stands at 29.50, followed by 29.31.
- CZKJPY ticks higher after finding a local low of 5.16 earlier; first resistance to watch on the topside stands at 5.20, followed by 5.24. On the downside, ST key support stands at 5.07 (100D SMA), followed by 5.
- CZKHUF has been consolidating lower in the past few days after failing to break through its 50D SMA resistance; key support on the downside stands at 13.73 (200D SMA), followed by 13.60. On the topside, first resistance to watch above 13.83 (50D SMA) stands at 13.87 (100D SMA).
- CZKRUB has been gradually trending lower in the past month, currently testing its 3.37 support, which represents the 76.4% Fibo retracement of the 3.30 – 3.59 range (2021 low high). Next support to watch on the downside stands at 3.30; on the topside, first resistance stands at 3.41 (61.8% Fibo), followed by 3.44 (200D SMA).
- CZKPLN has been retracing lower in the past few days, gradually approaching its 0.1760 support, which represents its 100D SMA and its LT upward trending support line; a break below that level would open the door for a move down to 0.1750. On the topside, ST key resistance stands at 0.1791 (March 30 high), followed by 0.1834, which represents the pair's all-time high reached in December 2011. (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