Free Trial

Bears Target 124 Lat week's..........>

EURO-YEN TECHS
EURO-YEN TECHS: Bears Target 124
Lat week's bearish reversal has allowed the 124 level and Jan 24 low at 123.79
come into view, below which would open the Jan 15 low at 123.40. Bulls need to
hold above here to keep the series of higher lows intact and target the 125.50
area to change the outlook. Above here would open a run at the 50-dma & ytd high
at 125.76/126.14.

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.