MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

TECHS: CEEMEA FX Price Signal Summary

EMERGING MARKETS
  • EURPLN has edged higher but is finding resistance ahead of 4.5500. In pattern terms, recent price action still appears to be a bear flag, reinforcing a bearish theme.
    • Key support is at 4.4946, Jan 7 low and a bear trigger.
    • The resistance to watch is at 4.5581, 50.0% of the downleg between Dec 31 - Jan 7.
  • EURHUF resistance is at 362.11, Jan 1 high. A break would signal scope for a stronger rally. Tuesday's price pattern is a bearish engulfing candle. If correct, it suggests scope for retest of last week's 356.53 low on Jan 7.
  • USDZAR key resistance is located at 15.9038. The top of a bear channel drawn off the Apr 24 high. While this channel remains intact, recent gains are considered a correction. Initial support is at 15.0451, the 20-day EMA.
  • USDTRY gains have stalled at the 20-day EMA this week. A clear breach of the average would open 7.6301, the 50-day EMA.
    • A key pivot support lies at 7.2406, Jan 7 low and is close to the May 2020 high and the Aug 2013 high. A break of 7.2406 would resume the downtrend.
EM BulletHomepagemarkets-real-timeBulletEmerging Market News

To read the full story

Close

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.