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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 ASIA MARKETS ANALYSIS: Treasuries Surge On Bessent And Oil
MNI ASIA OPEN: Israel-Hezbollah Ceasefire Cautiously Reached
(U9) Still below 112.60 *RES 4:........>
SCHATZ TECHS: (U9) Still below 112.60
*RES 4: 112.637 Bull channel top drawn off the Jun 6 low
*RES 3: 112.610 2.00 projection of Jul 10 - 24 rally from Jul 26 low
*RES 2: 112.600 Contract high Aug 15, 16, 20 and 21
*RES 1: 112.565 High Aug 26
*PRICE: 112.545 @ 02:58 GMT Aug 27
*SUP 1: 112.510 Low Aug 26
*SUP 2: 112.430 Low Aug 22
*SUP 3: 112.410 Low Aug 7
*SUP 4: 112.397 Bull channel base drawn off the Jun 6 low
U9 Schatz failed yesterday to extend Friday's rally. Resistance at 112.555, the
Aug 22 and 23 high was probed Monday however a continued push higher is needed
to refocus attention on the contract high and key resistance of 112.600. The top
of the bull channel is at 112.637. Clearance of 112.600/631 is required to
confirm a resumption of the uptrend. On the downside, a break of 112.430 opens
the channel base at 112.397 and resumes the recent correction.
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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.