Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
- RES 4: 0.8044 High Feb 2, 2018
- RES 3: 0.8007 High Feb 25 and the bull trigger
- RES 2: 0.7934 2.0% 10-dma envelope
- RES 1: 0.7895 76.4% retracement of the Feb 25 - Apr 1 sell-off
- PRICE: 0.7778 @ 17:05 BST May 14
- SUP 1: 0.7688 Low May 13
- SUP 2: 0.7675 Low May 4 and key support
- SUP 3: 0.7635 Low Apr 14
- SUP 4: 0.7586 Low Apr 13
AUDUSD started the week well, but traded poorly Thursday, hitting new weekly lows of 0.7688 and denting the outlook further. This comes despite the pair recently clearing the April highs, which had triggered bullish signals. In order for the uptrend to resume, markets need to top the 76.4% retracement of the February - April downtick at 0.7895. A break here would strengthen bullish conditions and point the needle toward the year's best levels printed in late February at 0.8007.