Free Trial
MEXICO

US Ambassador Salazar Talks Security

US TSYS

Repo Reference Rates

LNG

China LNG Imports Fell in July

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 Access

(U2) Remains Above Support

AUSSIE 3-YEAR TECHS
  • RES 3: 98.350 - High Mar 3
  • RES 2: 97.975 - High Mar 16
  • RES 1: 97.530 - High Mar 31
  • PRICE: 97.125 @ 20:21 BST Aug 04
  • SUP 1: 96.610 - Low Jun 22
  • SUP 2: 95.920 - Low Jun 16
  • SUP 3: 95.764 - 3.0% Lower Bollinger Band

Aussie 3yr futures remain below recent highs. A key short-term support has been defined at 96.610, the Jul 22 low. The uptrend that started Jun 15, remains intact as long as price trades above 96.610. A resumption of gains would pave the way for strength towards 97.530, the Mar 31 high. On the downside, weakness below 96.610 would instead highlight a return of bearish activity.

111 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • RES 3: 98.350 - High Mar 3
  • RES 2: 97.975 - High Mar 16
  • RES 1: 97.530 - High Mar 31
  • PRICE: 97.125 @ 20:21 BST Aug 04
  • SUP 1: 96.610 - Low Jun 22
  • SUP 2: 95.920 - Low Jun 16
  • SUP 3: 95.764 - 3.0% Lower Bollinger Band

Aussie 3yr futures remain below recent highs. A key short-term support has been defined at 96.610, the Jul 22 low. The uptrend that started Jun 15, remains intact as long as price trades above 96.610. A resumption of gains would pave the way for strength towards 97.530, the Mar 31 high. On the downside, weakness below 96.610 would instead highlight a return of bearish activity.