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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(Z17) 162.33-162.25 Protects Against.....>
BUND TECHS: (Z17) 162.33-162.25 Protects Against Deeper Correction
*RES 4: 163.53 1% volatility band
*RES 3: 163.43 Sep 8 high
*RES 2: 163.05 6 week bull channel top projection
*RES 1: 162.78/83 Oct 17, intraday highs
*PRICE: 162.70 @1555GMT
*SUP 1: 162.25/33 Oct 30 low, hourly support
*SUP 2: 162.00 Oct 26 high, now support
*SUP 3: 161.63 Oct 27 low
*SUP 4: 161.24 Initial rally high Oct 26, now support
*COMMENTARY* Rally continues, moving slightly above the Oct 17 high to reach
162.83 today. Subsequently succumbing to some near term overbought conditions,
which see 162.33-162.25 as initial support. A hold above the latter is required,
in order to retain recent upside momentum and stave off a deeper correction of
recent gains from last week's 160.76 base. Directly above 162.83 and the 6 week
bull channel projection at 163.05 is then the bar to a 163.43-163.53 rise.
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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.