Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- Political RiskPolitical Risk
Intelligence on key political and geopolitical events around the world.
- About Us
AUSSIE 10-YEAR TECHS: (H9) On The Defensive
*RES 3: 98.2000 - Aug2 2016 High
*RES 2: 98.0900 - Oct3 2016 High
*RES 1: 97.9650 - Jan3 2019 High
*PRICE: 97.8850 @ 16:07 GMT, Feb25
*SUP 1: 97.1900 - Nov 9 low
*SUP 2: 97.1450 - Jun7/8 low
*SUP 3: 97.0500/0450 - May/2018 Low
After rallying toward the YTD high of 97.9650, bullish momentum faded into the
tail-end of last week, and that's followed through to the Monday session,
keeping focus on the recent ranges. Bears continue to target 97.8250 support,
with last Thursday's break higher not enough to shift the outlook bullish. The
50-dma at 97.7545 remains key support. A fall through here would see bears fully
regain control, targeting a move toward the 61.8% Fib retracement for the
91.19-97.965 move at 97.4861. To the upside, a break back above the Feb8 highs
of 97.9350 would open 97.9650 and 98.09 above there.