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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.
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Free AccessMNI China Daily Summary: Friday, December 13
MNI US OPEN - UK Economy Contracts for Second Straight Month
(Z9) Rallying *RES 4: 99.368....>
AUSSIE 3-YEAR TECHS: (Z9) Rallying
*RES 4: 99.368 -61.8% retracement of the Oct 8 - Nov 8 decline
*RES 3: 99.350 - High Oct 14
*RES 2: 99.311/315 - 50.0% of the Oct 8 - Nov 8 decline / Oct 25 high
*RES 1: 99.285 - Intraday high
*PRICE: 99.280 @ 19:02 GMT Nov 14
*SUP 1: 99.165 - Low Nov 13
*SUP 2: 99.130 - Low Nov 12
*SUP 3: 99.070 - Low Nov 8 and key support
*SUP 4: 99.055 - 1.000 projection of Oct 8 - Oct 22 decline from Oct 25 high
Sharp gains in the Aussie 3yr continues to dominate this weeks price action,
reversing the bearish tone from last week. Price earlier this week traded
through trendline resistance drawn off the Oct 10 high, paving the way for a
strong recovery towards 99.315, Oct 25 high. This level is also just above the
61.8% retracement of the Oct 8 - Nov 8 decline. A clear breach would open the
76.4% level at 99.368. Support lies at 99.165, Nov 14 low.
To read the full story
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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.