Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
AUSSIE TECHS: Correction Or Reversal?:
*RES 4: 0.6870 High Sep 17
*RES 3: 0.6831 High Sep 19
*RES 2: 0.6806/09 High Sep 24 / High Sep 20
*RES 1: 0.6781 Sep 26 high and key resistance
*PRICE: 0.6753 @ 08:40 GMT Oct 8
*SUP 1: 0.6702 Low Oct 3
*SUP 2: 0.6671 Low Oct 2
*SUP 3: 0.6645 0.618 projection of Jul 19 - Aug 7 decline from Sep 12 high
*SUP 4: 0.6608 2.0% 10-dma envelope
AUDUSD pulled back yesterday. For now, attention remains on resistance at 0.6781
following last weeks inability to convincingly break the area of support between
0.6690/83, previous lows in Sep and Aug. For bulls, a break of 0.6781 would open
0.6806/09 and reinforce a bullish outlook opening 0.6895 once again, Sep 12
high. On the downside, a failure ahead of 0.6781 and a break of 0.6671 would
reinstate a downtrend.