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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 EUROPEAN MARKETS ANALYSIS: China Equities Lower Post CEWC
MNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
(U18) Below 131.980 To Gain Breathing....>
BOBL TECHS: (U18) Below 131.980 To Gain Breathing Room
*RES 4: 132.970 Monthly High May 29
*RES 3: 132.660 High May 30
*RES 2: 132.495 Bollinger band top
*RES 1: 132.290 High June 27
*PREVIOUS CLOSE: 132.210
*SUP 1: 132.010 Low June 26
*SUP 2: 131.980 Hourly support June 21
*SUP 3: 131.770 High June 18 now support
*SUP 4: 131.690 21-DMA
*COMMENTARY: Gains resumed Thursday with the close above 132.120 confirming
focus on a move back to 132.660-970. The Bollinger top is the key concern for
bulls with potential to limit follow through. Bears look for a close below
131.980 to gain breathing room and below the 21-DMA to hint at a move back to
130.780-131.190 with below 131.490 to confirm. Bulls need a close above 132.290
to add support to their case.
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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.