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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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Free AccessMNI UK Inflation Insight: October 2024
MNI UK Inflation Insight: October 2024
(U17) 126-250/300 Support......>
US 10YR FUTURE TECHS: (U17) 126-250/300 Support Region Key
*RES 4: 127-310 - 100-WMA
*RES 3: 127-190 - 2017 High Aug 29
*RES 2: 127-170 - Daily Bull channel top
*RES 1: 127-110 - Hourly resistance Aug 29
*PRICE: 127-070 @ 0430GMT
*SUP 1: 127-030 - Hourly support Aug 29
*SUP 2: 126-300 - Repeated daily highs now support
*SUP 3: 126-250 - Hourly support Aug 25
*SUP 4: 126-200 - Hourly resistance Aug 22 now support
*COMMENTARY: Follow through was lacking on Tuesday's rally with the Bollinger
top (127-060) the key concern for bulls who now focus on the 100-WMA. A weekly
close above the 100-WMA was last seen in Nov 2016. Layers of support continue to
build but the 126-250/300 support remains key. Bears need a close below 126-300
to ease immediate bullish pressure and below 126-250 to hint at a correction
back to 126-110-170 where the bull channel base and 21-DMA are situated.
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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.