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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 Access100-mma Giving Way EURJPY extended...>
EURO-YEN TECHS: 100-mma Giving Way
EURJPY extended its corrective pullback with the 125.00 and the 100-mma at
124.61 giving way. Bears look for a close below the Apr 1 low at 124.34 to see
the next leg lower. A break below here would open up the the 50% retracement of
the 2016 lows to the 2018 highs & March lows at 123.72/66. Bulls need to recover
the 100-dma, before putting the focus back on the 126 handle and Thursday's high
at 126.81.
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.