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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.
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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(M1) Bearish Focus
- RES 3: 100.00 - Psychological round number
- RES 2: 99.860 - All time High Nov 3 and the bull trigger
- RES 1: 99.835/840 - High Dec 23 / Nov 23/24 high
- PRICE: 99.760 @ 16:49 GMT Apr 7
- SUP 1: 99.668 1.0% Lower Bollinger Band
- SUP 2: 99.585 - Low Mar 5
- SUP 3: 99.552 - 38.2% 2020 Rally
Aussie 3y futures continue to trade between 99.670-770. Recent weakness had tilted the outlook bearish, with 2021 lows printed at 99.585. Since then, prices have recuperated - likely a correction. Markets are yet to counter the negative outlook, raising the risk of a more protracted downturn on any renewed weakness. To the upside, a break of 99.835, Dec 23 high would trigger gains and set the scene for a climb towards 99.840, Nov 23/24 high.
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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.