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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.
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 AccessMNI BRIEF: SNB Cuts Policy Rate By 50 BP To 0.5%
MNI EUROPEAN MARKETS ANALYSIS: ECB Expected To Cut Rates Later
MNI EUROPEAN OPEN: A$ & Local Yields Surge Following Jobs Data
Testing the bull channel top *RES 4:...>
SILVER TECHS: Testing the bull channel top
*RES 4: $19.018 - High Nov 2016
*RES 3: $19.000 - Round number resistance
*RES 2: $18.657/8 - High Apr 2017 / High Aug 29
*RES 1: $18.449 - Bull channel top drawn off the Jul 12 low
*PRICE: $18.392 @ 07:31 BST Aug 30
*SUP 1: $18.060 - Low Aug 28
*SUP 2: $17.635 - Low Aug 27
*SUP 3: $17.512 - High Aug 13 and former breakout level
*SUP 4: $17.440 - Low Aug 26
Silver maintains its underlying bullish tone following the recent impulsive
gains. Price action is trading at the top of it bull channel at $18.449 today,
drawn off the Jul 12 low. The channel top has been probed this week. It is too
early to tell whether this technical level will provide a strong enough
resistance area to limit gains. For now though, the risk is for an extension
higher with a potential move to $19.000 next.
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.