Free Trial

(U9) Soft to softer *RES 3:....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (U9) Soft to softer
*RES 3: 99.7533 - 1st Pivot Resistance (97.1900 - 99.1250)
*RES 2: 99.3035 - 3.0% Upper Bollinger Band
*RES 1: 99.1250 - All Time Highs
*PRICE: 99.0200 @ 15:39 GMT, Aug 13
*SUP 1: 98.7223 - 50-dma
*SUP 2: 98.5250 - July low
*SUP 3: 97.9950 - Apr18 Low
Having lost a lot of upside momentum in recent sessions, Aussie 10yr futures are
beginning to soften, prompting markets to reach for support, which initially
appears at 98.8542 ahead of the 50-dma at 98.7223. Any fall below there will
open the July lows at 98.5250 and the 100-dma at 98.4881.

To read the full story

Close

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.