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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 Credit Weekly: Le Vendredi Noir
MNI: Canada Apr-Sept Budget Deficit Widens On Spending
Trading Sideways *RES 4: 0.7082 High...>
AUSSIE TECHS: Trading Sideways
*RES 4: 0.7082 High Jul 19, 2019
*RES 3: 0.7063 High Jun 10 and the bull trigger
*RES 2: 0.7005 High Jun 11
*RES 1: 0.6977 High Jun 16 and key near-term resistance
*PRICE: 0.6924 @ 10:47 BST Jun 23
*SUP 1: 0.6777 Low Jun 15 and the bear trigger
*SUP 2: 0.6672/46 50-day EMA / Low Jun 1
*SUP 3: 0.6612 Low May 29
*SUP 4: 0.6568 Low May 27
AUDUSD is unchanged. Gains recently stalled at 0.7063, Jun 10 high. The trend
condition while bullish, also recently entered overbought territory and a
pullback has allowed this condition to unwind. Key near-term support has been
defined at 0.6777, Jun 15 low. A break would expose 0.6680, May 27 high and
0.6672, the 50-day EMA. The initial key near-term resistance is at 0.6977 ahead
of the key bull trigger at 0.7063.
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.