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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) Pressuring Key Supports *RES.....>
SCHATZ TECHS: (Z17) Pressuring Key Supports
*RES 4: 112.285 Monthly high Sept 8
*RES 3: 112.252 Daily Bull channel top
*RES 2: 112.250 Low Sept 8 & 11 now resistance
*RES 1: 112.215 Alternating support/resistance
*PREVIOUS CLOSE: 112.200
*SUP 1: 112.185 High Oct 10 now support
*SUP 2: 112.170 Hourly resistance Oct 12 now support
*SUP 3: 112.159 21-DMA
*SUP 4: 112.131 55-DMA
*COMMENTARY: Hesitation around the daily bull channel top has resulted in a
correction back towards the 112.185 support. Bears continue to look for a close
below 112.185 to shift focus to 112.105-159 where key DMAs are located. Overall
below 112.065 is needed to open up for a move back to 111.945-112.015. Bulls now
need a close above 112.215 to gain breathing room and above 112.250 to reconfirm
the bullish bias and above 112.285 to target 112.360.
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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.