Free Trial

3/9-month Letras


USDSEK targets the February low


Expiries for Feb14 NY cut 1000ET (Source DTCC)

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

Focus Now On LT Bull Channel Base......>

AUSSIE TECHS: Focus Now On LT Bull Channel Base
*RES 4: $0.7598 - Hourly support Dec 5 now resistance
*RES 3: $0.7569 - Hourly resistance Dec 7
*RES 2: $0.7555 - Hourly resistance Dec 7a
*RES 1: $0.7533 - Hourly resistance Dec 7
*PRICE: $0.7508 @ 0230GMT
*SUP 1: $0.7472 - LT Bull channel base (Jan 20 2016 low) 
*SUP 2: $0.7410 - Low June 5 
*SUP 3: $0.7365 - Low May 12 
*SUP 4: $0.7360 - Daily Bear channel base (Oct 6 low)
*COMMENTARY: The pair remains heavy having broken below $0.7519 with a close
below confirming initial focus on the LT bull channel base. A close below the
channel base sees bears targeting $0.7326-65 where the MT bear channel base is
noted. Layers of resistance are accumulating and weighing. The $0.7569
resistance is now key. Bulls need a close above to ease bearish pressure with a
close above $0.7598 to pressure $0.7631-54 where the bear channel top is noted.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.