© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BIDEN SAYS PEOPLE'S SAVINGS ARE SECURE

MNI BRIEF: US Bank Deposits Fell USD98B Week Of SVB Collapse

MNI BRIEF: Data Not Justifying ECB Hike Beyond Expectations

EZ/UK Bond Supply Calendar: UK Long APF Sales on Monday

EZ/UK T-Bill Calendar: Germany & France to issue Monday

MNI DATA FORECASTS: EZ Inflation data in focus

MNI BRIEF: Yellen Says Americans' Deposits Are Safe

MNI BRIEF: Italy ESM Ratification Framed In EU’s Fiscal Debate

MNI: Freeland-Banks Well Capitalized, Budget To Focus Stimulus

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
Trending Top 5
Market News Topics

Clears Key Resistance

AUDUSD TECHS
Foreign Exchange Technical AnalysisHomepagemarkets-real-timeBulletMarketsForeign Exchange News
  • RES 4: 0.7137 High Aug 11
  • RES 3: 0.7059 2.236 proj of the Oct 13 - 27 - Nov 3 price swing
  • RES 2: 0.7009 High Aug 26
  • RES 1: 0.6976 2.00 proj of the Oct 13 - 27 - Nov 3 price swing
  • PRICE: 0.6945 @ 16:04 GMT Jan 9
  • SUP 1: 0.6871 Intraday low
  • SUP 2: 0.6760 20-day EMA
  • SUP 3: 0.6688 Low Jan 3 and key support
  • SUP 4: 0.6650 Low Dec 22

AUDUSD traded higher Monday, extending Friday’s rally. The pair has cleared key resistance at 0.6893, Dec 13 high and this confirms a resumption of the uptrend that started on Oct 13. The break higher maintains the bullish price sequence of higher highs and higher lows and moving average studies remain in a bull mode position. Gains open 0.6976 next, a Fibonacci projection. Key short-term support has been defined at 0.6688, the Jan 3 low.

148 words

To read the full story

Why Subscribe to

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.
  • RES 4: 0.7137 High Aug 11
  • RES 3: 0.7059 2.236 proj of the Oct 13 - 27 - Nov 3 price swing
  • RES 2: 0.7009 High Aug 26
  • RES 1: 0.6976 2.00 proj of the Oct 13 - 27 - Nov 3 price swing
  • PRICE: 0.6945 @ 16:04 GMT Jan 9
  • SUP 1: 0.6871 Intraday low
  • SUP 2: 0.6760 20-day EMA
  • SUP 3: 0.6688 Low Jan 3 and key support
  • SUP 4: 0.6650 Low Dec 22

AUDUSD traded higher Monday, extending Friday’s rally. The pair has cleared key resistance at 0.6893, Dec 13 high and this confirms a resumption of the uptrend that started on Oct 13. The break higher maintains the bullish price sequence of higher highs and higher lows and moving average studies remain in a bull mode position. Gains open 0.6976 next, a Fibonacci projection. Key short-term support has been defined at 0.6688, the Jan 3 low.