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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 ASIA MARKETS ANALYSIS: Treasuries Surge On Bessent And Oil
MNI ASIA OPEN: Israel-Hezbollah Ceasefire Cautiously Reached
Bears Need Close Below 21-WMA *RES...>
EURO-YEN TECHS: Bears Need Close Below 21-WMA
*RES 4: Y135.48 Hourly resistance Jan 8
*RES 3: Y135.11 Low Jan 8 now resistance
*RES 2: Y134.57 Hourly resistance Jan
*RES 1: Y134.39 Hourly support Dec 20 now resistance
*PRICE: Y134.06 @ 0530GMT
*SUP 1: Y133.60 Hourly support Jan 11
*SUP 2: Y132.81 21-WMA
*SUP 3: Y132.03 Monthly Low Dec 15
*SUP 4: Y131.71 Low Nov 28
*COMMENTARY: The lack of topside follow through on recent 2018 highs took its
toll with a sell-off resulting in a dip below the 55-DMA (Y133.35) and the bull
channel base (Y133.26). Bulls take comfort in the bounce from ahead of the
21-WMA but still need a close above Y135.11 to shift focus back to 2018 highs.
Bears still need a close below the 21-WMA to confirm focus on Y130.59-132.03
where monthly lows are noted.
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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.