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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.
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Free AccessMNI BRIEF: Ontario To Cut U.S. Energy Flows When Tariffs Hit
MNI BRIEF: Aussie Labour Market Tightens, Unemployment At 3.9%
MNI FOMC Hawk-Dove Spectrum
200-dma Key *RES 4: 121.25 Mar 25....>
EURO-YEN TECHS: 200-dma Key
*RES 4: 121.25 Mar 25 High
*RES 3: 120.23 Mar 30 High
*RES 2: 120.47 2.0% 10-dma envelope
*RES 1: 119.90 May 29 High
*PRICE: 119.71 @ 16:55 BST May 29
*SUP 1: 118.40 Low May 28
*SUP 2: 117.71 Low May 27
*SUP 3: 117.00 Low May 22 and key near-term support
*SUP 4: 116.85 High May 12
The cross went from strength to strength this week, clocking five consecutive
sessions of gains and topping the 200-dma in the process. A close above would be
the first since late March and adds to the bullish outlook. Progress this week
has now opened the late March highs at 120.23 as the next major upside target,
but prices may moderate first before narrowing this gap. Firm support has been
defined at 117.00, May 22 low.
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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.