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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: PBOC Net Injects CNY14.2 Bln via OMO Friday
MNI: BOJ Tankan: Key Sentiment Rises, Solid Capex Plans
(U1) Bulls Still In Charge
- RES 4: 156.73 1.236 proj of May 19 - Jun 14 - Jun 25 price swing
- RES 3: 155.44 1.00 proj of May 19 - Jun 14 - Jun 25 price swing
- RES 2: 155.00 Round number resistance
- RES 1: 154.42 High Jul 26
- PRICE: 154.17 @ Close Jul 27
- SUP 1: 152.91/65 20-day EMA / Low Jul 14
- SUP 2: 152.37 Bull channel base drawn off the May 19 low
- SUP 3: 151.93/54 Low Jul 8 / Low Jul 6
- SUP 4: 151.19 High Jul 1
BTPs remain bullish and traded higher once again Monday. A positive outlook follows the recent resumption of the uptrend - gains on Jul 6 and 7 resulted in a breach of a former key resistance at 152.47, Jun 14 high. The break confirms a resumption of the uptrend that started May 19. Last week's fresh high prints reinforce the bullish theme and attention is on the 155.00 handle next. Initial support is at 152.77, the 20-day EMA.
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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.