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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.
CZECHIA
- USDCZK ticks lower after finding resistance at 21.50; a break above that level would have opened the door for a move up to 21.69 (200DMA). On the downside, first support stands at 21.24 (76.4% Fibo retracement of the 20.72 – 22.93 range), followed by 21.
- EURCZK has been retracing lower in the past few days, currently trading slightly below the 24.50 level. Key support to watch on the downside stands at 24.28 (Sep 2012 lows, rejected last week). On the topside, first resistance stands at 24.57, followed by 24.69.
Source: Bloomberg/MNI
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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