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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.
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Free Access(M3) Short-Lived Slide Lower
- RES 3: 97.921 - 1.0% 10-dma envelope
- RES 2: 97.480 - High Apr 19 2022 (cont)
- RES 1: 97.380 - High Mar 20 and the bull trigger
- PRICE: 96.970 @ 15:48 BST May 03
- SUP 1: 96.750/280 - Low May 2 / Low Feb 22 (cont)
- SUP 2: 96.070 - Low Sep 27 and bear trigger (cont)
- SUP 3: 95.960 - Low Jun 17 (cont)
Aussie 3yr futures slid sharply Tuesday on the back of the unexpected RBA rate hike, prompting a new multi-week low of 96.750. The slide was short-lived, however, as prices recovered across European and US hours. Contract nows sits either side of the 20-day EMA of 96.996. Nonetheless, the recent 97.380 peak remains the high watermark for now. A break of this level would confirm a resumption of the uptrend that started late February.
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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.