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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) Recovery Trying To Breach 61.8%....>
BUND TECHS: (U18) Recovery Trying To Breach 61.8% Fibo Retrace Level
*RES 4: 163.03/05 May 30 high, 76.4% Fibo of 164.19-159.37
*RES 3: 162.82 1% volatility band
*RES 2: 162.69 1.618 swing of 162.35-161.80
*RES 1: 162.35 61.8% Fibo of 164.19-159.37, Jun 21 high
*PRICE: 162.30 @0621GMT
*SUP 1: 161.80 Jun 22 low
*SUP 2: 161.52 Jun 15 high, now support
*SUP 3: 161.26 Jun 21 low
*SUP 4: 160.95 Hourly base Jun 15
*COMMENTARY* After holding 161.80 on Friday, the rally is now trying to extend
through Thursday's 162.35 high, a 61.8% Fibo retrace level of the preceding
164.19-159.37 fall, seen over the first half of this month. Require this
resistance to be broken down, before the chance of seeing a higher 162.69-162.82
rise, the latter the upper 1% volatility band today, if a higher 163.03-163.05
rise is to follow. Below 161.80 would disappoint now, 161.52-161.26 below.
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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.