MNI BRIEF: Goolsbee Sees No `Last Mile' Inflation Problem

GOOLSBEE DOESN'T SEE EVIDENCE INFLATION IS STALLING OUT AT 3%

MNI BRIEF: US CRE, Consumer Loan Delinquencies Rising -Fed

MNI BRIEF: Brazil IPCA Inflation Decelerates to 3.69% in April

MNI BRIEF: CNB Concern At Upside Risk, April Minutes Show

MNI China Daily Summary: Friday, May 10

MNI: US APR TREASURY BUDGET 209.5B

MNI: USDA: 2024/2025 CORN PRODUCTION EST 14.86B BSL

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

(H4) Broader Trend Remains Up

AUSSIE 10-YEAR TECHS
  • RES 3: 96.160 - High Jul 20
  • RES 2: 96.110 - High Dec 28 and the bull trigger
  • RES 1: 96.040 - High Jan 2
  • PRICE: 95.995 @ 19:33 GMT Jan 31
  • SUP 1: 95.650 - Low Jan 19
  • SUP 2: 95.390/275 - Low Nov 27 / 14
  • SUP 3: 94.965 - Low Oct 31

Aussie 10yr futures remain in a medium-term uptrend after the contract traded to new highs of 96.110 at the end of 2023. This cleared key resistance at the 96.050 level and the pullback over January appears to be a correction. 96.110, the Dec 28 high is the bull trigger. Key support lies below at 95.390 as well as 95.275. Weakness through here could mark the conclusion of the bounce and expose the bear trigger at 94.965.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets

To read the full story

Close

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.