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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 US MARKETS ANALYSIS - Tsys Through First Support
MNI US OPEN - RBA Holds, Communication Turns Slightly Dovish
(U3) Bullish Extension
- RES 4: 4515.00 High Nov / Dec 2007 (cont)
- RES 3: 4513.00 High Jul 31 and the bull trigger
- RES 2: 4420.00 High Aug 10
- RES 1: 4388.50 61.8% of the Jul 31 - Aug 18 bear leg
- PRICE: 4328.00 @ 06:29 BST Aug 31
- SUP 1: 4308.6 20-day EMA
- SUP 2: 4225.00/4187.00 Low Aug 24 / 18 and key support
- SUP 3: 4177.40 61.8% retracement of the Mar 20 - Jul 31 bull leg
- SUP 4: 4122.00 Low Mar 28
Eurostoxx 50 futures traded higher yesterday as the contract extends the corrective recovery from 4187.00, the Aug 18 low. The contract has breached resistance at the 50-day EMA at 4330.6. A continuation higher would signal scope for a climb towards resistance at 4420.00. On the downside, a breach of 4187.00 would be a bearish development and confirm a resumption of the downtrend.
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Why MNI
MNI is the leading provider
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