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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: PBOC Net Drains CNY216 Bln via OMO Monday
MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29
(Z9) Focus Is On Channel........>
US 5YR FUTURE TECHS: (Z9) Focus Is On Channel Resistance
*RES 4: 119-10+ High Nov 1 and key bull trigger
*RES 3: 119-01+ High Nov 4
*RES 2: 118-242 High Nov 14
*RES 1: 118-23+ Trendline / channel resistance drawn off Oct 4 high
*PRICE: 118-16+ 11:29 GMT, Nov 18
*SUP 1: 118-03 Low Nov 13
*SUP 2: 117-292 Low Nov 7 and bear trigger
*SUP 3: 117-222 Low July 31
*SUP 4: 117-17+ 1.236 projection of Sep 4 - Sep 13 decline from Oct 4 high
5yr futures entered a corrective phase last week. Price probed resistance at
118-232, Nov 7 high and also the high of a candle pattern that day known as a
standard line. This signals potential for an extension higher with attention on
channel resistance at 118-252 drawn off the Oct 4 high. This is an important
resistance where a clear break is required to signal a possible stronger
reversal. 118-03 is first support.
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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.