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Why MNI
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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 - USD/JPY Erases Election Rally
MNI US OPEN - RBNZ Cuts 50bps, OCR Forecast Slightly Higher
MNI China Daily Summary: Wednesday, November 27
(U9) Bear-Divergence Signals *RES 4:...>
SCHATZ TECHS: (U9) Bear-Divergence Signals
*RES 4: 112.450/61 Range breakout projection / Channel top drawn off May 10 low
*RES 3: 112.400 Round number resistance
*RES 2: 112.385 Contract high July 24
*RES 1: 112.310 High Jul 26 and Jul 30
*PRICE: 112.305 @ 03:02 GMT Aug 1
*SUP 1: 112.260 Low Jul 18 and 26
*SUP 2: 112.235 Low Jul 16
*SUP 3: 112.214 Bull channel base drawn of the May 10 low
*SUP 4: 112.210 Low Jul 10 and key support
U9 Schatz daily studies are showing bear-divergence signals and comes following
the doji formation on Jul 24 and a bearish engulfing the following day -- all
warning of a correction likely near-term. Reinforcing this, prices traded below
the Jul 25 low of 112.265 low last Friday, signalling scope for weakness towards
112.210, the low of Jul 10. A break of 112.385 resistance is required to negate
these bearish patterns.
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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.