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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
(Z2) Clears The 120.00 Handle
- RES 4: 124.35 76.4% retracement of the Aug 11 - Sep 28 bear leg
- RES 3: 1123.71 123.6 proj of the Oct 21 - 27 - Nov 8 price swing
- RES 2: 122.00 Round number resistance
- RES 1: 121.32 High Aug 25
- PRICE: 120.27 @ Close Nov 24
- SUP 1: 118.14/116.69 Low Nov 23 / 20-day EMA
- SUP 2: 115.58 Low Nov 14
- SUP 3: 113.80 Low Nov 9
- SUP 4: 112.45 Low Nov 8 and a key support
BTP futures traded to a fresh short-term cycle high yesterday. The outlook is bullish and the break higher confirms a resumption of the uptrend and maintains the bullish price sequence of higher highs and higher lows. Price has cleared the 120.00 handle and this reinforces current conditions. The break higher opens 121.32 next, the Aug 25 high. On the downside, initial support is at 116.69, the 20-day EMA.
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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.