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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: Canada Commits To Just One Of Three Fiscal Anchors
MNI POLITICAL RISK - Thune Eyes 'Deficit-Negative' Legislation
(Z3) Corrective Recovery
- RES 4: 111-12+ High Sep 1 key resistance
- RES 3: 110-10 50-day EMA
- RES 2: 109-20 High Sep19
- RES 1: 108-17/109-03+ Low Sep 27 / 20-day EMA
- PRICE: 108-06 @ 11:36 BST Sep 29
- SUP 1: 107-05+ 1.382 proj of the Jul 18 - Aug 4 - Aug 10 price swing
- SUP 2: 106-23 1.50 proj of the Jul 18 - Aug 4 - Aug 10 price swing
- SUP 3: 106-14+ 2.0% Lower 10-dma envelope
- SUP 4: 106.00 Round number support
The bear trend in Treasuries remains intact and the contract traded lower Thursday, before finding some support. The extension this week confirms a resumption of the downtrend and maintains the bearish price sequence of lowers and lower highs. Sights are on 107-05, a Fibonacci projection. On the upside initial firm resistance is seen at 109-03+, the 20-day EMA. A break would signal a possible base. For now, gains are considered corrective.
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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.