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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 Access(Z0) Corrective Recovery Extends
- RES 4: 135.637 61.8% retracement of the Nov 4 - 11 sell-off
- RES 3: 135.600 Low Nov 4
- RES 2: 135.563 Former trendline support drawn off the Sep 1 high
- RES 1: 135.540 High Nov 20
- PRICE: 135.530 @ 05:09 GMT Nov 23
- SUP 1: 135.370 Low Nov 20
- SUP 2: 135.280 Low Nov 17
- SUP 3: 135.170 Low Nov 16 and key near-term support
- SUP 4: 135.000 Low Nov 11 and the bear trigger
BOBL futures sold off sharply Nov 9 and this move continues to highlight a bearish risk. The corrective recovery however off 135.000, Nov 11 low continues to extend with a fresh high print registered Friday. Price action has cleared 135.515, 50.0% of the Nov 4 - 50 sell-off and attention turns 135.563, former trendline support drawn off the Sep 1 high ahead of 135.637, the 61.8% retracement. Initial key support lies at 135.170, Nov 16 low.
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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.