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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China Crude Oil Imports Accelerate In November
MNI BRIEF: RBA Holds, Notes Declining Inflation Risk
MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday
TECHS: Pullback Has Support From......>
DOLLAR-CANADA: TECHS: Pullback Has Support From Between $1.2465-$1.2446
*RES 4: $1.2633 3 week bull channel top projection
*RES 3: $1.2610 76.4% Fibo of $1.2779-$1.2061
*RES 2: $1.2584 1.618 swing of $1.2520-$1.2417
*RES 1: $1.2539/41 Hourly resistance, 1% volatility band
*PRICE: $1.2499 @1603GMT
*SUP 1: $1.2460/65 Hourly support
*SUP 2: $1.2446 Initial high Sep 29, now support
*SUP 3: $1.2413/17 Sep 26 high, Sep 28,29 lows
*SUP 4: $1.2356 38.2% Fibo of $1.2061-$1.2539
*COMMENTARY* Broke through the difficult $1.2414-$1.2441 region last week and
has spent the subsequent time trying to break free of the next barrier at
$1.2521, the 76.4% Fibo retrace of the $1.2663-$1.2061 fall, seen early last
month. A high of $1.2539 so far, overbought in the near term, pullbacks likely
to meet with support from $1.2465-$1.2446, loss would caution but
$1.2417-$1.2413 the key area now. Above $1.2539 look for $1.2584-$1.2610 next.
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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.