Free Trial

Upside Momentum Builds The mid-Oct.....>

CABLE TECHS
CABLE TECHS: Upside Momentum Builds 
The mid-Oct highs at 1.3250 are under threat as bulls look to extend gains after
break above down trendline resistance from the July 9 high. A break above here
would open the Sep 20 high at 1.3298. Bears need a close back below the 200dma
to gain some breathing room, while a close back below 1.30, which marks uptrend
support from the Jan 3 lows, would put focus back on the 1.28 level.

To read the full story

Close

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.