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About Us
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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:Eurogroup To Call For Discipline As France In Crisis
MNI POLITICAL RISK - Trump Nominees Face Capitol Hill Scrutiny
MNI US MARKETS ANALYSIS - Curve Steeper Ahead of JOLTS
Trading At Its Recent Lows
- RES 4: 1.1065 High Aug 10 and a key resistance
- RES 3: 1.1005 High Aug 11
- RES 2: 1.0848/1.0945 20-day EMA / High Aug 30 and reversal trigger
- RES 1: 1.0789 Former channel support-now-resistance
- PRICE: 1.0705 @ 15:59 BST Sep 7
- SUP 1: 1.0686 Low Sep 7
- SUP 2: 1.0668 Low Jun 7
- SUP 3: 1.0635 Low May 31 and a key support
- SUP 4: 1.0611 38.2% Fib retracement Sep’22 - Jul’23 upleg
EURUSD conditions remain bearish and the pair is trading at its recent lows. This week’s bull channel breakout reinforces the current bearish condition and opens 1.0668 next, the Jun 7 low. The channel is drawn from the Mar 15 low. Note that moving average studies remain in a bear mode set-up highlighting the market's current sentiment. Key short-term resistance has been defined at 1.0945, the Aug 30 high.
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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.