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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 AccessKey Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
Rally Reaches 6 Week Bull Channel......>
AUSSIE TECHS: Rally Reaches 6 Week Bull Channel Top
*RES 4: $0.8059/62 Sep 11 high, 2% volatility band
*RES 3: $0.8039 Max 5th wave target in rise from $0.7502
*RES 2: $0.8023 Jan 17 high, 6 week bull channel top
*RES 1: $0.8000/05 Hourly resistance
*PRICE: $0.7983 @0926GMT
*SUP 1: $0.7937/43 Jan 16, intraday lows
*SUP 2: $0.7915 Hourly high/low Jan 15
*SUP 3: $0.7890 6 week rising support line
*SUP 4: $0.7848 Jan 12 low
*COMMENTARY* Found support from $0.7808 last week. The subsequent move back
above the year's $0.7875 high, has now seen a further rise through the 76.4%
Fibo resistance level at $0.7979. Through here and the 6 week bull channel top
at $0.8023 presents an initial barrier to a potentially higher $0.8039-$0.8062
rise. As a result, support comes from the slightly higher $0.7943-$0.7937 area,
above the latter keeps the downside protected against corrective forces.
To read the full story
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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.