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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 US MARKETS ANALYSIS - Tsys Through First Support
MNI US OPEN - RBA Holds, Communication Turns Slightly Dovish
Fades Further Off Key Resistance
- RES 4: 0.6961 1.236 proj of the Nov 10 - Dec 4 - Dec 7 price swing
- RES 3: 0.6921 High Feb 20
- RES 2: 0.6900 High Jun 16 and a key resistance
- RES 1: 0.6871 High Dec 28
- PRICE: 0.6692 @ 08:57 GMT Jan 05
- SUP 1: 0.6689 Low Jan 05
- SUP 2: 0.6641 38.2% Fib retracement for Oct - Dec Upleg
- SUP 3: 0.6636 50-day EMA
- SUP 4: 0.6526 Low Dec 7 and key support
AUD/USD is on track to record a seventh consecutive daily lower close, as markets defy the bullish conditions evident in the late December run higher. For now, the bullish uptrend channel drawn off the late October low is still a supportive factor, as is the formation of a golden cross in dma space, signalling positive near-term momentum. Key short-term support is unchanged at 0.6526, the Dec 7 low.
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Why MNI
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