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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
21-DMA Support Key Today *RES 4:...>
DOLLAR-YEN TECHS: 21-DMA Support Key Today
*RES 4: Y113.70 Low July 11 now resistance
*RES 3: Y113.44 High Oct 6
*RES 2: Y113.18 Hourly support Oct 6 now resistance
*RES 1: Y113.15 Bollinger band top
*PRICE: Y112.70 @ 0930GMT
*SUP 1: Y112.46 21-DMA
*SUP 2: Y112.04 Hourly support Oct 17
*SUP 3: Y111.65 Low Oct 16
*SUP 4: Y111.48 Low Sept 25
*COMMENTARY: The pair found support on dips below the 200-DMA (Y111.74) with
bulls taking comfort gaining traction above the 21-DMA (Y112.46). The Bollinger
band top is currently capping but daily studies remain well placed for gains.
The 21-DMA is key support today with bears needing a close below to ease bullish
pressure. Overall below Y111.48 is needed to shift focus to 55 & 100-DMAs. Bulls
now look for a close above Y113.70 to pressure 2017 highs.
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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.