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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
DMAs & Channel Base Supporting ...>
EURO-AUSSIE TECHS: DMAs & Channel Base Supporting
*RES 4: A$1.5239 - High Oct 11
*RES 3: A$1.5178 - Hourly resistance Oct 12
*RES 2: A$1.5135 - High Oct 13
*RES 1: A$1.5105 - Hourly resistance Oct 13
*PRICE: A$1.5033 @ 2000GMT
*SUP 1: A$1.4965 - 55-DMA
*SUP 2: A$1.4958 - Daily Bull channel base
*SUP 3: A$1.4902 - 100-DMA
*SUP 4: A$1.4790 - Low Sept 21
*COMMENTARY: Despite recently remaining heavy, bears have failed to trouble the
key A$1.4902-67 support region where 55 & 100-DMAs and the bull channel base are
situated. Bulls take comfort in the likely close above the 21-DMA (A$1.5026)
with bulls now needing a close above A$1.5104 to shift focus to tests of 2017
highs. Bears initially look for a close below the bull channel base to ease
bullish pressure and below the 100-DMA to shift immediate focus to A$1.4790.
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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.