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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(U18) Below 122.14 To Gain Breathing.....>
GILT TECHS: (U18) Below 122.14 To Gain Breathing Room
*RES 4: 123.90 Bollinger band top
*RES 3: 123.64 High May 30
*RES 2: 123.17 High June 1
*RES 1: 122.68 High June 6
*PREVIOUS CLOSE: 122.45
*SUP 1: 122.14 Hourly support June 14
*SUP 2: 121.68 Hourly support June 12
*SUP 3: 121.44 55-DMA
*SUP 4: 121.33 Low June 12
*COMMENTARY: The recovery from the dip below the 55-DMA is gathering momentum as
daily studies supporting from O/S add to bullish confidence. Bears now need a
close below 122.14 to gain breathing room and below 121.33 to confirm a break of
the 55-DMA and hint at a move back to 119.95 with below the 100-DMA (120.95) to
confirm. Bulls now focus on 123.17-64 with a close above 123.64 to initially
target 124.67.
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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.