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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 AccessMNI BRIEF: China May Inject CNY1 Trln To Replenish Big Banks
MNI BRIEF: China Sees Progress On EU EV Deal
Recovery Struggling To Maintain A......>
AUSSIE TECHS: Recovery Struggling To Maintain A Break Above $0.7666
*RES 4: $0.7739 2% volatility band
*RES 3: $0.7718 76.4% Fibo of $0.7813-$0.7412
*RES 2: $0.7689 38.2% Fibo of $0.8136-$0.7412
*RES 1: $0.7677 Jun 6 high
*PRICE: $0.7652 @0913GMT
*SUP 1: $0.7615/21 Hourly support
*SUP 2: $0.7594/95 May 31 high, Jun 5 low
*SUP 3: $0.7570 Hourly congestion area May 30-31
*SUP 4: $0.7553 May 31 low
*COMMENTARY* Has broken above the 2018 falling resistance at $0.7621-$0.7618,
depending on whether you look at the daily or weekly chart. But so far finding
it a struggle to deal with resistance from the upper 1% volatility band and the
base of the previously broken 30 month support line at $0.7666. Maintained
clearance here will encourage, $0.7689-$0.7718 next. Support currently from
$0.7621-$0.7615 but more importantly from $0.7595-$0.7594.
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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.