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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday
Bulls Need Close Above 55-DMA *........>
AUSSIE TECHS: Bulls Need Close Above 55-DMA
* Bears continue to look for a close below $0.7308 to shift focus to tests of
$0.7142 2017 lows.
* Daily studies are well placed for a fresh leg lower.
* Layers of resistance have followed the pair lower and add to bearish
confidence.
* Bulls now need a close above $0.7459 to gain breathing room and above the
55-DMA to hint at a move back to $0.7590-0.7735 where 100 ($0.7590) & 200
($0.7682) DMAs are located with above $0.7552 confirming.
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.