Trial now
BONDS

Continued reaction to Powell

CHINA

Where Is The Low For Chinese Equities?

GERMAN AUCTION RESULTS

0% Oct-26 Bobl

EQUITIES

Energy And Financials Lead Early Bounce

GREECE T-BILL AUCTION RESULTS

26-week GTB

Bullish Conditions Hold *RES 4:........>

AUSSIE TECHS
AUSSIE TECHS: Bullish Conditions Hold
*RES 4: 0.7009 High Jul 24
*RES 3: 0.6985 76.4% retracement of Jul 19 - Oct 2 decline
*RES 2: 0.6957 200-DMA
*RES 1: 0.6930 High Oct 31
*PRICE: 0.6911 @ 16:16 GMT Nov 1
*SUP 1: 0.6849 Low Oct 30
*SUP 1: 0.6809 Low Oct 25 and key support
*SUP 3: 0.6788 Trendline support drawn off Oct 2 low
*SUP 4: 0.6752 Low Oct 17
AUDUSD bounced slightly off Thursday's lower close, failing to hold onto early
gains. Despite this, the outlook remains bullish. The key technical development
this week has been the breach of 0.6895, Sep 12 high. This confirmed a broad
double bottom reversal pattern. The break confirms a medium-term bullish
reversal and reinforces the current uptrend that began on Oct 2. This has opened
0.6958 next. Further gains are favoured, support lies at 0.6849.