MNI China Daily Summary: Friday, February 3

MNI BRIEF: Professional Forecasters Up Inflation Outlook: ECB

MNI BRIEF: China To Fully Reopen Borders With HK and Macau

MNI DATA FORECASTS: RBA, Riksbank In Focus

MNI: US ISM JAN SERVICES COMPOSITE INDEX 55.2

RBA Watch

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
USDCAD TECHS

Key Support Remains Exposed

AUDUSD TECHS

Pullback Extends, But Still Looks Corrective in Nature

US TSYS

FED Remains in Play Post-NFP/ISM Data

US TSYS

Implied Vol Buoyed Post-NFP/ISM, Real Vol Delivered

US

President Biden To Conclude Infrastructure Tour In Philadelphia

US STOCKS

Late Equity Roundup: Early Support Evaporates Ahead Weekend

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 Access
Trending Top 5
Market News Topics

Trend Needle Still Points North

EURUSD TECHS
Foreign Exchange Technical AnalysisHomepagemarkets-real-timeBulletMarketsForeign Exchange News
  • RES 4: 1.0615 High Jun 27
  • RES 3: 1.0559 1.764 proj of the Sep 28 - Oct 4 - 13 price swing
  • RES 2: 1.0536 High Jun 29
  • RES 1: 1.0479 High Nov 15
  • PRICE: 1.0366 @ 15:54 GMT Nov 18
  • SUP 1: 1.0272/0163 Low Nov 14 / 11
  • SUP 2: 1.0094 High Oct 27 and a key near-term resistance
  • SUP 3: 0.9936 Low Nov 10
  • SUP 4: 0.9853 Trendline support drawn from the Sep 28 low

EURUSD trend conditions remain bullish and any short-term pullbacks are considered corrective. A positive price sequence of higher highs and higher lows on the daily chart and a bullish moving average set-up highlights an uptrend. A break of 1.0479, the Nov 15 high would confirm a resumption of the trend and open 1.0536, the late June high. Firm support lies at 1.0094 the Oct 27 high.

137 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • RES 4: 1.0615 High Jun 27
  • RES 3: 1.0559 1.764 proj of the Sep 28 - Oct 4 - 13 price swing
  • RES 2: 1.0536 High Jun 29
  • RES 1: 1.0479 High Nov 15
  • PRICE: 1.0366 @ 15:54 GMT Nov 18
  • SUP 1: 1.0272/0163 Low Nov 14 / 11
  • SUP 2: 1.0094 High Oct 27 and a key near-term resistance
  • SUP 3: 0.9936 Low Nov 10
  • SUP 4: 0.9853 Trendline support drawn from the Sep 28 low

EURUSD trend conditions remain bullish and any short-term pullbacks are considered corrective. A positive price sequence of higher highs and higher lows on the daily chart and a bullish moving average set-up highlights an uptrend. A break of 1.0479, the Nov 15 high would confirm a resumption of the trend and open 1.0536, the late June high. Firm support lies at 1.0094 the Oct 27 high.