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: (N18) Aggressive Recovery.....>

OIL TECHS
OIL TECHS: NYMEX RBOB: (N18) Aggressive Recovery Wednesday
*RES 4: $2.2975 - Low Oct 8 2014 now resistance
*RES 3: $2.2804 - 2018 High May 22
*RES 2: $2.2666 - Hourly resistance May 22
*RES 1: $2.2572 - High May 23
*PRICE: $2.2472 @ 0430GMT
*SUP 1: $2.2195 - Low May 23
*SUP 2: $2.1871 - Low May 15
*SUP 3: $2.1742 - 21-DMA
*SUP 4: $2.1585 - Low May 10
*COMMENTARY: Bulls take comfort in support emerging Wednesday and the aggressive
recovery that adds to bullish support for a case targeting $2.2975-2.4311. Bulls
now need a close above $2.2804 to add further to confidence. Bears now need a
close below $1.2195 to ease bullish pressure and hint at a correction back to
$2.1434-1742 where the 21-DMA is found.

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.