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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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Free AccessMNI US Macro Weekly: Politics To The Fore
MNI Credit Weekly: Le Vendredi Noir
YTD Highs Back In Focus *RES 4:...>
EUROSTOXX50 TECHS: YTD Highs Back In Focus
*RES 4: 3536.87 High July 31
*RES 4: 3463.03 High Aug 28
*RES 3: 3452.41 High Sep 27
*RES 2: 3422.34 High Mar 19
*PRICE: 3385.38 @ Close Apr 1
*SUP 1: 3281.79/3274.22/3273.68 Low Mar 25/200-dma/Low Mar 8
*SUP 2: 3226.12/3215.04 38.2% retracement/High Feb 6
*SUP 3: 3175.71 Low Feb 15
*SUP 4: 3124.62 Low Feb 8
Eurostoxx extended its recovery yesterday to bring the March 19 ytd high at
3422.34 back within touching distance. A close above here would would open the
Sep 27 high at 3452.41 ahead of the Aug 28 high. To regain the upper hand bears
need to push back below the 200-dma which holds a key support area. Below here
would suggest a potential bearish reversal and open the 32.8% retracement/Feb 6
high at 3226.12/3215.04.
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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.