Free Trial
US TSYS/SUPPLY

Preview Tsy 3Y Note Auction

STIR

BLOCKs, Jun'23 SOFR Puts

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

100-WMA Key Support *RES 4:.......>

AUSSIE-KIWI TECHS
AUSSIE-KIWI TECHS: 100-WMA Key Support
*RES 4: NZ$1.1045 - Low Dec 5 now resistance
*RES 3: NZ$1.1027 - Hourly resistance Dec 6
*RES 2: NZ$1.0990 - High Dec 11
*RES 1: NZ$1.0927 - Hourly resistance Dec 11
*PRICE: NZ$1.0872 @ 2030GMT
*SUP 1: NZ$1.0858 - Low Dec 12
*SUP 2: NZ$1.0826 - 200-DMA
*SUP 3: NZ$1.0798 - Low Aug 16
*SUP 4: NZ$1.0762 - 200-WMA
*COMMENTARY: The lack of topside follow through in past week's took its toll
with a close below key supports that shifted focus to NZ$1.0720-1.0826 where key
WMAs and the 200-DMA are noted. Overall bears need a close below the
100-WMA(NZ$1.0720) to end bullish hopes and shift focus back to 2017 lows
(NZ$1.0320). Bulls now need a close above NZ$1.0927 to ease bearish pressure and
above NZ$1.1045 to initially target NZ$1.1139.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.