AUSSIE 10-YEAR TECHS: (M6) Recovering

Jun-02 22:15

* RES 3: 95.568 - 61.8% retracement Oct' 25 - Jan' 26 downleg * RES 2: 95.465 - 50.0% retracement Oc...

Historical bullets

AUSSIE 10-YEAR TECHS: (M6) Weakens into the Close

May-03 22:15
  • RES 3: 95.568 - 61.8% retracement Oct’ 25 - Jan’ 26 downleg
  • RES 2: 95.465 - 50.0% retracement Oct’ 25 - Jan’ 26 downleg
  • RES 1: 95.425 - High Dec 1 ‘25 (cont)
  • PRICE: 94.975 @ 16:02 BST May 01
  • SUP 1: 94.780 - Low Mar 23
  • SUP 2: 94.664 - 76.4% retracement of the 2008 - 2020 rally
  • SUP 3: 94.031 - 1.0% 10-dma envelope

Aussie 10-yr futures traded on a more stable footing Friday after undergoing several spells of weakness mid-week. Prices broke through resistance-turned-support at 95.040, the 23.6% retracement of the upleg posted off the March low. Resistance in focus at 95.120 into 95.425, while 94.780 undercuts as support. 

GLOBAL POLITICAL RISK: Asian Open-Oil Drops 2% Following The Strong Open For Ccy

May-03 22:06

Risk has opened strongly this morning as Oil follow the early response by currencies this morning opening % lower. US Equity futures have opened a little higher as well.

  • {COA Comdty} - 105.75, -2.25%
  • {ESA Index} - 7269, +0.15%

ASIA: Government Bond Issuance Today

May-03 21:58
  • Bank of Korea to Sell 500B Won Zero-Coupon 91-Day Bonds
  • South Korea to Sell 3 Trillion Won 3% 2-Year Bonds
  • Philippines to Sell PHP12 Billion 91-Day Bills
  • Philippines to Sell PHP12 Billion 182-Day Bills
  • Philippines to Sell PHP12 Billion 364-Day Bills