Free Trial
US TSYS

Marginally Richer

AUSSIE BONDS

ACGB Nov-33 Supply Passes Smoothly

AUSSIE BONDS

ACGB Nov-33 Auction Results

JGB TECHS

(H3) More Stable After January Volatility

JGBS

Futures Little Changed Overnight, Rinban Due

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

NYMEX RBOB: (G18) $1.8196 Support.........>

OIL TECHS
OIL TECHS: NYMEX RBOB: (G18) $1.8196 Support Confirms Significance
*RES 4: $1.9511 - Daily Bull channel top
*RES 3: $1.9148 - Low Aug 31 now resistance
*RES 2: $1.8824 - Bollinger band top
*RES 1: $1.8602 - 2018 High Jan 11
*PRICE: $1.8487 @ 0430GMT
*SUP 1: $1.8380 - Hourly resistance Jan 11 now support
*SUP 2: $1.8196 - Hourly resistance Jan 9 now support
*SUP 3: $1.7961 - Low Jan 9
*SUP 4: $1.7771 - Low Jan 4
*COMMENTARY: Bulls take comfort in the bounce Friday confirming the significance
of the $1.8196 support and returning pressure to 2018 highs. Bulls look for a
close above $1.8602 to add support to the case for a test of the bull channel
top. Bears continue to look for a close below $1.8196 to ease bullish pressure
and hint at a correction back to $1.7562-1.7771 where 21 & 55-DMAs are situated.

To read the full story

Why Subscribe to

MarketNews.com

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.