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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI EUROPEAN MARKETS ANALYSIS: China Equities Lower Post CEWC
MNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths
Watching Support At The 20-Day EMA
- RES 4: 1.1185 High Mar 31 2022
- RES 3: 1.1127 1.00 projection of the Mar 15 - 23 - 24 price swing
- RES 2: 1.1076 High Apr 1 2022 and high Apr 14 and the bull trigger
- RES 1: 1.1067 High Apr 24
- PRICE: 1.0982 @ 05:51 BST Apr 26
- SUP 1: 1.0930 20-day EMA
- SUP 2: 1.0831 Low Apr 10 and the 50-day EMA
- SUP 3: 1.0788 Low Apr 3
- SUP 4: 1.0745 Low Mar 27
EURUSD reversed course Tuesday, erasing Monday's gains. A key short-term support at the 20-day EMA which intersects at 1.0930 today, remains intact. Trend conditions are bullish and MA studies remain in a bull mode position. The trigger for a resumption of the uptrend is 1.1076, Apr 14 high. A break would open 1.1127, a Fibonacci projection On the downside, clearance of the 20-day EMA would signal scope for a deeper retracement.
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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.