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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: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
$0.7447-$0.7432 The Protection To......>
AUSSIE TECHS: $0.7447-$0.7432 The Protection To The May low
*RES 4: $0.7590 Congestion area Jun 8-12
*RES 3: $0.7556/61 Jun 13, Jun 8 lows, now resistance
*RES 2: $0.7529 Hourly low Jun 14, now resistance
*RES 1: $0.7510/15 Hourly resistance
*PRICE: $0.7469 @0948GMT
*SUP 1: $0.7447 May 16 low
*SUP 2: $0.7432 2% volatility band
*SUP 3: $0.7412 May 9 low
*SUP 4: $0.7373 Jun 1 2017 low
*COMMENTARY* Unable to deal with resistance from the upper 1% volatility band
and the base of the previously broken 30 month support line last week. Squeezed
a high of $0.7677 but the resultant fall has been swift moving back below
$0.7615-$0.7594. Has subsequently lost support from the lower 1% band, allowing
a further 0.7447-$0.7432 fall. The latter protecting the May 9 low at $0.7412.
Nearest resistance $0.7510-$0.7529, with $0.7556-$0.7561 higher.
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.