Trial now

Steeper Overnight


Kiwi Starts The Week On The Back Foot


RBA Minutes In Focus

(M9) All Time Highs Out of.....>

AUSSIE 10-YEAR TECHS: (M9) All Time Highs Out of Reach
*RES 3: 98.6367 - First Pivot Resistance (97.1900 - 98.2850)
*RES 2: 98.3871 - Uptrend from Sep'18
*RES 1: 98.2850 - All Time Highs (Mar27)
*PRICE: 98.2150 @ 15:31 BST, Apr 24
*SUP 1: 98.0311 - 50-dma
*SUP 2: 97.1900 - Nov 9 low
*SUP 3: 97.1450 - Jun7/8 low
ANZAC day market closures kept bond futures in sync with Wednesday's close. The
worst turn out for CPI since 2016 saw Aussie bonds rally across the curve, but
10yr futures failed to breach all time highs, which remain intact at 98.2850.
Nonetheless, momentum trends remain solely in bulls' favour headed into the
final session of the week. Should bulls take out 98.2850, the uptrend drawn from
September 2018 kicks in at 98.3871 and may provide firmer resistance.