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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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Free AccessMNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
MNI: Japan Govt Keeps Economic Assessment, Ups Imports
(Z9) Double top threat *RES 4:.........>
SCHATZ TECHS: (Z9) Double top threat
*RES 4: 112.715 Contract high, Sep 3
*RES 3: 112.669 76.4% retracement of the Sep 3 - Sep decline
*RES 2: 112.660 High Sep 4
*RES 1: 112.655 High sep 5
*PRICE: 112.525 @ 02:57 GMT Sep 6
*SUP 1: 112.520 Low Sep 5
*SUP 2: 112.470 Low Aug 7
*SUP 3: 112.406 50-day EMA
*SUP 4: 112.345 Double top projection
Z9 Schatz also faced selling pressure yesterday and did probe key support at
112.530, the low of Aug 22 which also marks the midpoint of what appears to be a
double top. A break of yesterday's 112.520 low would confirm a clear break of
112.530 and also confirm the double top. This would set the scene for a deeper
pullback towards the 112.40 level which is close to where the 50-day EMA
intersects at 112.406. On the upside, initial resistance is at 112.655.
To read the full story
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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.