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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
USD technicals have turned in the past week...>
FOREX: USD technicals have turned in the past week from outright bullish to a
more balanced outlook, according to the MNI FX Technical Signal Monitor.
- EURUSD is generating intraday bullish signals following yesterday's break of
the 1.1250/55 level.
- The DXY extended its downtrend to 96.87, opening key support from the 100-dma
at 96.59. Seasonality patterns have seen the DXY lower in April ten of the last
thirteen years, only to reverse the trend in May.
- Renewed risk appetite boosts the AUD technical picture.
- AUDUSD cleared the 100-dma to 0.7151, targeting a break of the 200-dma at
0.7198.
- AUDJPY closed above the 100-dma to rest on 79.60/65 resistance, a level which
has registered a series of previous highs
- AUDNZD extended its bullish break of the falling wedge pattern to 1.0597. (See
MNI analysis emails - AUDNZD Falling Wedge Mar 28/AUDNZD Bullish Break Apr 5).
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To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.