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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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Free AccessMNI US MARKETS ANALYSIS - USD/JPY Erases Election Rally
MNI US OPEN - RBNZ Cuts 50bps, OCR Forecast Slightly Higher
MNI China Daily Summary: Wednesday, November 27
(U17) Fresh Surge Threatens Break........>
GILT TECHS: (U17) Fresh Surge Threatens Break Above 1% Volatility Band
*RES 4: 129.19 Jun 14 high
*RES 3: 128.68 Jun 21 high
*RES 2: 128.40 Jun 26 high
*RES 1: 128.20/24 1% volatility band, intraday high
*PRICE: 127.84 @1458GMT
*SUP 1: 127.45/56 Hourly support, Aug 9 high
*SUP 2: 127.21 Aug 10 low
*SUP 3: 126.95/06 Aug 8-9 gap, now support
*SUP 4: 126.49/54 Jul 28 high, Aug 4 low
*COMMENTARY* A fresh upside push today, which has left the 76.4% Fibo retrace at
128.13 behind and is now threatening the upper 1% volatility band at 128.20. A
high of 128.24 so far before retreating on the back of some near term overbought
conditions. In this respect, look to 127.56-127.45 to form an initial support
area, ahead of yesterday's 127.21 low. Loss here would be a concern. Directly
above 128.20-24 and a series of June highs follow.
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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.