CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

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

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 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.