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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) Focus Back On 112.190-112.170....>
SCHATZ TECHS: (Z17) Focus Back On 112.190-112.170 Supprt
*RES 4: 112.330 38.2% Fibo of 113.310-111.730
*RES 3: 112.320 1.618 swing of 112.260-112.170, 0.1% vol band
*RES 2: 112.280 Sep 8 high
*RES 1: 112.260 Hourly resistance
*PRICE: 112.190 @1529GMT
*SUP 1: 112.190 Hourly support
*SUP 2: 112.170 Sep 7 low
*SUP 3: 112.140 Aug 29, Aug 30 lows
*SUP 4: 112.090 Aug 25 low
*COMMENTARY* Last week saw a rally through the swing target at 112.220, a high
of 112.280 attained, before again submitting to some overbought conditions. This
so far leaves us shy of a look at the swing target at 112.320 and Fibo retrace
level at 112.330. Support now comes initially from 112.190-112.170. Loss of the
latter will caution and suggest a deeper correction of gains from July's 111.73
low is required.
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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.