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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 EUROPEAN MARKETS ANALYSIS: China Equities Lower Post CEWC
MNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
TECHS: Remains Under Pressure *RES....>
DOLLAR-CANADA: TECHS: Remains Under Pressure
*RES 4: 1.3240 High Oct 15
*RES 3: 1.3212 High Oct 17
*RES 2: 1.3146 High Oct 18 and key near-term resistance
*RES 1: 1.3109 High Oct 23
*PRICE: 1.3055 @ 16:38 GMT Oct 28
*SUP 1: 1.3050 Low Oct 28
*SUP 2: 1.3041 Low Jul 22
*SUP 3: 1.3016 Low Jul 19 and major support
*SUP 4: 1.2991 76.4% October 2018 - January 2019 Rally
Rate remains heavy. The past few weeks' sell-off continues to weigh and with
momentum also in a downward spiral, further weakness is seen likely near-term.
Attention is on key support at 1.3016, Jul 19 low. On the upside, firm S/T
resistance is at 1.3146. Note, Thursday candle pattern is a doji. This signals
some indecision amongst traders and is a potential basing signal. We continue to
monitor this pattern.
To read the full story
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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.