Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
WTI TECHS: WTI TECHS(U18) Contracting Range Forming
*RES 4: $73.00 - High July 10
*RES 3: $70.60 - High July 13
*RES 2: $70.43 - High July 30
*RES 1: $69.92 - High August 6
*PRICE: $69.07 @ 0610GMT
*SUP 1: $67.87 - Low August 3
*SUP 2: $67.12 - 100-DMA
*SUP 3: $66.92 - Low August 2
*SUP 4: $62.99 - Low June 18
A contracting range formation is developing with initial resistance at $69.96
and initial support at $67.87. The direction of the breakout from this
contracting range is likely to dictate price action over the subsequent days and
weeks, and will determine whether a retest of the July 10 highs or the June 18
low is on the cards.