MNI BRIEF: Fed's Goolsbee Taking Job Gains With Grain Of Salt

BRIEF: EU Says Engaging With China Over EV Trade Dispute

MNI BRIEF: Draghi Calls For Tariffs, Subsidies Against China

MNI BRIEF: China May M2 Slows To Record Low Again

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

US Treasury Auction Calendar

MNI: BAKER HUGHES US RIG COUNT 590; OIL RIGS 488; GAS RIGS 98

EZ/UK Bond Supply Calendar: Slovakia, Belgium, BoE APF Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

TECHS: Key Price Signal Summary

MARKET INSIGHT
  • Sterling appreciation has dominated the FX space this morning.
  • EURGBP trendline resistance at 0.9021, drawn off the Sep 11 high remains intact. Attention is on the key support at 0.8861, Nov 12 low and the bear trigger. Cable is firmer too and bulls are eyeing the key 1.3482 resistance, Sep 1 high. The next hurdle is 1.3403, Sep 2 high.
  • EURUSD directional triggers at 1.1920, Nov 9 high and 1.1746, Nov 11 low remain intact.
  • USDJPY key support lies at 103.18, Nov 11 low.
  • FI resistance levels to watch:
    • Bund fut: 176.08, 76.4% of the Nov 4 - 11 sell-off
    • Gilts: 135.55, 50-day EMA at is the next key chartpoint.
    • has thus far stalled ahead of 138-21, its 50-day EMA.
  • E-Mini S&P futures still trade below 3668.00, Nov 9 high. A break would resume the uptrend to open 3699.03, a Fibonacci projection. Price action on Nov 9 is a shooting star candle and still highlights a reversal threat. Watch 3506.50 key support, Oct 11 low.
  • Key Gold support is $1848.8, Sep 28 low. Brent (F1) is firmer eyeing $46.86, Sep 2 high. WTI (F1) bull trigger is $43.33, Nov 11 high.
Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeCommoditiesEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets
Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeCommoditiesEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.