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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
MNI INTERVIEW2: Poland To Push For EU Defence Fund
Bearish Pressure Intact *RES 4:....>
DOLLAR-YEN TECHS: Bearish Pressure Intact
*RES 4: 112.40 High Apr 24, 2019
*RES 3: 112.23 High Feb 20 and key resistance
*RES 2: 111.68 High Feb 24
*RES 1: 111.04 High Feb 25
*PRICE: 110.18 @ 17:06 GMT Feb 27
*SUP 1: 109.69 Low Feb 27
*SUP 2: 109.51 1.0% 10-dma envelope
*SUP 3: 109.30 Low Feb 5
*SUP 4: 108.55 Low Feb 4
USDJPY remains heavy. The move lower this week follows the rejection off last
week's high of 112.23 on Feb 20. Momentum studies are pointing south having
recently pulled away from overbought territory and this reinforces the current
bearish condition. Note that for now the move lower is still being viewed as a
correction. 109.51, the 1.0% 10-dma envelope marks the next support ahead of the
Feb 5 low at 109.30. First resistance is at 111.04.
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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.