Free Trial
AUD

A$ Range Bound, Mixed On Crosses

JGBS

30-Year Supply Passes Smoothly

JGBS AUCTION

30-Year JGB Auction Results

JGBS AUCTION

6-Month Bill Auction Results

US TSYS

Early Downtick Unwound

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
WTI TECHS
  • RES 4: $88.96 - 1.382 proj of the Sep 21 - Oct 6 - 7 price swing
  • RES 3: $87.45 - 1.236 proj of the Sep 21 - Oct 6 - 7 price swing
  • RES 2: $86.00 - Round number resistance
  • RES 1: $85.41 - High Oct 25 and the bull trigger
  • PRICE: $83.89 @ 07:00 BST Oct 27
  • SUP 1: $80.78 - Low Oct 20
  • SUP 2: $80.10/78.78 - 20-day EMA / Low Oct 13
  • SUP 3: $74.67 - Low Oct 7 and key near-term support
  • SUP 4: $73.92 - Low Oct 1

WTI trend conditions remain bullish and futures started the week on a firm note. Fresh trend highs Monday maintain the bullish price sequence of higher highs and higher lows, reinforcing the uptrend. Note that the $80.00 psychological hurdle has also recently been cleared, an important break. The focus is on $86.00 next. On the downside, a firm short-term support has been defined at $80.78, Oct 20 low and represents a key near-term level.

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.