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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.
POLAND
- EURPLN has been trending higher this week as risk off sentiment has been weighing on CEE currencies. The pair found resistance slightly above the 4.8035 level (38.2% Fibo retracement of the 4.4830 – 5.0020 range). Next resistance to watch on the topside stands at 4.85. On the downside, support to watch stands at 4.7420 (50% retracement).
- USDPLN continues to trend higher amid broad USD strength; breaking above its key resistance at 4.7420 (high reached in October 2000). A break above that level would open the door for a move up to 4.7680 (123.6% projection of the 3.9130 – 4.6050 range). On the downside, key resistance to watch stands at 4.6050.
Source: Bloomberg
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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