Trial now
CHINA PRESS

China Should Maintain Pro-Growth Policies: Newspaper

AUSTRALIA DATA

Australia Q3 CPI +0.8% Q/Q;+3.0% Y/Y

AUSSIE BONDS

Underlying CPI Back Above 2.0%, Bonds Pressured

MYR

Bearish DMA Cross Eyed

US TSYS

Tight Start

FOREX

AUD Catches Light Bid Ahead Of Aussie CPI

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: $80.37 1.00 proj of the Aug 23 - Sep 3 - Sep 9 price swing
  • RES 3: $80.00 - Psychological round number
  • RES 2: $78.13 - 0.764 proj of the Aug 23 - Sep 3 - Sep 9 price swing
  • RES 1: $77.74 - Intraday high
  • PRICE: $77.51 @ 07:05 BST Sep 24
  • SUP 1: $75.60 Low Sep 23
  • SUP 2: $73.26 - Low Sep 21 and key near-term support
  • SUP 3: $70.88 Low Sep 9
  • SUP 4: $69.77/$68.13 - Low Aug 26 / Low Aug 24

Brent futures continue to trend higher. Tuesday's price formation was a doji candle, signalling scope for a resumption of gains and the contract has this week breached 76.13, Sep 15 high to resume its uptrend. The move higher paves the way for a climb towards $78.13 next, a Fibonacci projection. Key short-term support has been defined at $73.26, Sep 21 low. A break would signal a short-term top.