-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessTECHS: CEEMEA FX Price Signal Summary: EURPLN Finds Support Spirals Lower
- EURHUF is firmer today but despite these gains, remains heavy.
- The cross has recently cleared trendline support drawn off the Jul 31, 2020 low.
- Furthermore, 360.35, 61.8% of the rally between Feb 2 and Mar 18 has been breached as has 358.25, the 76.4% level.
- The clear break of these support levels highlights scope for an extension of the current bear leg and opens 354.87, Feb 2 low.
- Resistance is at 360.17, Apr 8 high.
- EURPLN has rallied sharply today. Yesterday's low of 4.5203 marks a key support and also coincides with 4.5202, 76.4% of the Feb 10 - Mar 29 rally. A clear breach of this support would suggest scope for a deeper pullback towards 4.50 and would open 4.4709, Feb 10 low. Initial resistance is at 4.5751, Apr 8 high.
- USDZAR is still trading closer to recent lows. The pair maintains a bearish S/T tone following the recent move lower from 15.5726, Mar 8 high. Attention is on 14.3966, Feb 24 low. Initial resistance is at 14.8495, the 50-day EMA ahead of 15.1000, Mar 26 high.
- USDTRY is unchanged and still consolidating but maintains a bullish tone. Attention is on key resistance at 8.4704, Mar 22 high. A break of this hurdle would open 8.5793, the Nov 6 high and an important resistance. Key support is at 7.6958, Mar 22 low.
- USDRUB traded higher Apr 7 registering a high print of 78.0406 before pulling back. 77.7370, 61.8% retracement of the Nov 2020 - Mar downleg has been probed. A clear break would open 78.9651, the 76.4% level. 75.2275 marks support, Mar 31 low.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.