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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
MNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
Trend Structure Remains Bullish
- RES 4: 0.6847 High Jul 20
- RES 3: 0.6821 High Jul 27
- RES 2: 0.6747 76.4% retracement of the Jul 13 - Oct 26 bear leg
- RES 1: 0.6729 High Dec 14
- PRICE: 0.6702 @ 07:00 GMT Dec 15
- SUP 1: 0.6655 Low Dec 14
- SUP 2: 0.6579/26 20-day EMA / Low Dec 07
- SUP 3: 0.6517 50-day EMA
- SUP 4: 0.6453 Low Nov 17
The uptrend in AUDUSD remains intact. Wednesday’s gains and Thursday’s follow through reinforce this theme. The pair has traded through resistance at 0.6691, the Dec 4 high and a bull trigger. This confirms a resumption of the uptrend and paves the way for a climb towards 0.6747 next, a Fibonacci projection. On the downside, key short-term support has been defined at 0.6526, the Dec 7 low.
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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.