-
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 PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
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
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
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: Price Signal Summary - EURUSD Bears Eye Key Support
- Equity indices outlook is unchanged and the broader trend is up with recent weakness considered a correction. E-mini S&P futures have managed so far to find support at the 50-day EMA. Yesterday's gains are encouraging for bulls. Levels to watch today are:
- Support at 3785.00, Friday's low. A break would trigger a deeper sell-off.
- Initial resistance at 3934.50, Feb 25 high
- In the FX space, EURUSD is softer following a reversal from last week's 1.2243 high on Feb 25. A shooting star candle Thursday followed by a bearish engulfing candle Friday highlights the current bearish sentiment. Furthermore, support at 1.2023, Feb 17 low has been cleared. The focus shifts to key support at 1.1952, Feb 5 low. USDJPY uptrend remains intact with the focus on 106.95 / 107.05, the Aug 28/13 2020 highs. On the USD Index (DXY), key resistance is at 91.60, Feb 5 high.
- On the commodity front, Gold remains in a clear downtrend. Resistance is at $1775.9, Feb 26 high. The focus is on $1700.0. Oil contracts remain firm although it appears that a corrective cycle has started. Brent (K1) targets the $70.00 psychological handle but watch support at $61.39 Feb 19 low. WTI (J1) targets the round number resistance at $65.00. However keep an eye on support at $58.60, Feb 19 low.
- In the FI space, gains in Bunds are still considered corrective. Firm resistance is seen at 175.07, the 20-day EMA. Gilts (M1) remains bearish. Scope is for a move towards the 127.00 handle. Resistance seen at 129.00, Feb 24 high and a key near-term resistance.
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.