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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Aug 30 High At 131.71 Retested,......>
EURO-YEN TECHS: Aug 30 High At 131.71 Retested, Y131.92-Y132.10 Above
*RES 4: Y132.85 4 week bull channel top projection
*RES 3: Y132.23/33 Aug 2015 low, Feb 2016 high
*RES 2: Y131.92/10 1% vol band, 1.618 swing Y131.09-Y129.46
*RES 1: Y131.71 Aug 30 high
*PRICE: Y131.67 @1610GMT
*SUP 1: Y131.09 Sep 7 high, now support
*SUP 2: Y130.91 Sep 11 high, now support
*SUP 3: Y130.67 Sep 8 high, intraday low
*SUP 4: Y130.37 Hourly high Sep 8, now support
*COMMENTARY* Still gaining ground, having found support from the 3 month rising
support line last week. Today's rise through the pivotal Y130.70-75 area, has
now left minor resistance from the Sep 1 high at Y131.35 behind, as we retest
the year's previous Y131.71 high. As a consequence, support also on the rise,
the Y131.09-Y130.91 area now seen as protecting against any near term corrective
forces of the recent impressive gains. Above Y131.71 and Y131.92-Y132.10 next.
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.