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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
Bears Focus On $0.7500-80 While........>
AUSSIE TECHS: Bears Focus On $0.7500-80 While $0.7736 Caps
*RES 4: $0.7842 - Alternating daily support/resistance
*RES 3: $0.7804 - 200-DMA, Hourly resistance Mar 16a
*RES 2: $0.7775 - 100-DMA
*RES 1: $0.7736 - Hourly resistance Mar 16
*PRICE: $0.7680 @ 2030GMT
*SUP 1: $0.7626 - 100-WMA, Low Dec 14
*SUP 2: $0.7580 - High Dec 12 now support
*SUP 3: $0.7572 - Weekly Bull channel base off 2016 low
*SUP 4: $0.7500 - Monthly Low Dec 8
*COMMENTARY: Fresh 2018 & 4mth lows continue with the Bollinger band base
($0.7698) the key concern. Bulls need a close above $0.7736 to gain breathing
room and above the 200-DMA to shift focus back to $0.7842-0.7935 where the
falling TL off 2018 highs is noted. While $0.7736 caps bears remain focused on
tests of $0.7500-80 where Dec lows and the Bull channel base off 2016 lows are
situated.
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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.