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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 Gilt Week Ahead
$0.7650 The Near Term Bar To Fresh.....>
AUSSIE TECHS: $0.7650 The Near Term Bar To Fresh Recovery Hopes
*RES 4: $0.7689 38.2% Fibo of $0.8136-$0.7412, 1% vol band
*RES 3: $0.7673/77 Base broken bull channel, Jun 6 high
*RES 2: $0.7650 76.4% Fibo of $0.7677-$0.7561
*RES 1: $0.7629/33 Hourly high Jun 7, 61.8% of $0.7677-$0.7561
*PRICE: $0.7615 @0905GMT
*SUP 1: $0.7575/85 Hourly support
*SUP 2: $0.7553/61 May 31, Jun 8 lows
*SUP 3: $0.7523/32 76.4% $0.7476-$0.7677, 1% volatility band
*SUP 4: $0.7514 Jun 1 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 on Thursday but the resultant fall has been swift moving back
below $0.7615-$0.7594 support. Now looking to $0.7561-$0.7553 for next
directional clues. Nearest resistance $0.7629-$0.7633 but back above $0.7650
would improve recovery hopes again.
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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.