Free Trial

200-DMA Remains Key The focus......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 200-DMA Remains Key
The focus remains on the 200-dma at 110.94, below which would strengthen the
downtrend towards the 38.2% retracement of the 2018 range at 110.73 ahead of the
Aug 21 low at 109.78. Bulls need to recover the 100-dma to stabilise the
short-term outlook. A break back above 113.00 is required before targeting the
Dec 3 high & down trendline resistance at 113.85/86.

To read the full story

Close

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.