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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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AUD site top of G10 with modest gains seen...>
AUSSIE: AUD site top of G10 with modest gains seen across the board.
- AUDUSD squeezed to $0.7139 and seen approaching the 100-dma at $0.7142. This
level has proved hard to overcome in recent sessions with a clean break here
needed to bring down trendline resistance & the 200-dma into view at $0.7173/98.
- AUDJPY closed above the 100-dma yesterday, with gains extending to Y79.52.
Bulls target a break of the Y79.60/65 area which has registered a series of
previous highs, above here opens the 200-dma at Y80.26.
- AUDCAD rests on the 200-dma (C$0.9500), the 100-dma is placed behind at
C$0.9519, ahead of the Mar 26 high at C$0.9563.
- AUDNZD extends its bullish break of the falling wedge pattern to NZ$1.0585. A
topside break of NZ$1.06 brings the 50% fibo of NZ$1.1176-1.0106 into view at
NZ$1.0641. Its also worth noting AUDNZD has registered gains in April nine of
the last fourteen years, currently +1.49%.
- EURAUD eases to A$1.5770 with key support seen at the A$1.5700/20 zone. The
50-dma is also about to cross under the 100-dma giving further bearish signals.
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.