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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: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
(Z3) Consolidating Closer To Its Recent Highs
- RES 4: 116.966 76.4% retracement of the Sep 1 - Sep 28 downleg
- RES 3: 116.740 High Sep 14
- RES 2: 116.567 61.8% retracement of the Sep 1 - Sep 28 downleg
- RES 1: 116.500 High Oct 10 and the short-term bull trigger
- PRICE: 116.100 @ 05:13 BST Oct 16
- SUP 1: 115.750 Low Oct 9
- SUP 2: 115.400 Low Oct 6
- SUP 3: 115.070 Low Oct 4
- SUP 4: 114.880 Low Sep 28 and the bear trigger
Bobl futures are consolidating and remain closer to recent highs. Attention is on resistance at 116.500, the Oct 10 high, where a break would strengthen short-term bullish conditions and pave the way for a stronger short-term recovery. This would expose 116.567 and 116.966, Fibonacci retracement points. Support to watch lies at 115.570, the Oct 9 low. A break would highlight a potential top.
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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.