Free Trial

Fresh Cycle Low

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
AUSSIE 3-YEAR TECHS: (M0) New Normal
*RES 3: 100.000 - Handle Psychological Resistance
*RES 3: 99.951 - 123.6% Fib Projection
*RES 1: 99.780 - High Apr 01
*PRICE: 99.765 @ 16:18 BST May 11
*SUP 1: 99.440 - Low Mar 16
*SUP 2: 99.300 - Recent low (cont)
*SUP 3: 99.225 - Low Feb 6 and 13 (cont)
Aussie bond markets hold close to alltime highs following the RBA's venture into
bond markets which is clearly still propping up prices. The chart has now begun
to look overbought and a period of consolidation is now the most likely outcome.
A break of the Mar 16 low would trigger deeper short-term losses and open the
99.300 level, a recent low of the continuation chart.

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.