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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.
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Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Sharp Decline Continues,...............>
AUSSIE TECHS: Sharp Decline Continues, $0.7655-$0.7652 Key Support
*RES 4: $0.7833 Hourly recovery high Mar 15
*RES 3: $0.7804 Mar 16 high
*RES 2: $0.7771 Initial base Mar 16, now resistance
*RES 1: $0.7735/40 Hourly resistance
*PRICE: $0.7699 @0948GMT
*SUP 1: $0.7687 Intraday low
*SUP 2: $0.7655 6 week bear channel base projection
*SUP 3: $0.7652 76.4% Fibo of $0.7502-$0.8136, 2% vol band
*SUP 4: $0.7628 Dec 14 low
*COMMENTARY* Has continued to lose ground rapidly, this has been exacerbated by
the loss of $0.7772-$0.7760 support. Also below the lower 1% volatility band, at
$0.7730 by time today. A low of $0.7687 at the time of writing, this protecting
what currently looks a decent area of support from between the 6 week bear
channel base at $0.7655 and the 76.4% Fibo retrace level at $0.7652. Resistance
From $0.7735-$0.7740, above needed for near term respite.
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.