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Why MNI
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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 US Macro Weekly: Politics To The Fore
MNI Credit Weekly: Le Vendredi Noir
Below 100-WMA Targets Y107.31......>
DOLLAR-YEN TECHS: Below 100-WMA Targets Y107.31
*RES 4: Y112.18 Hourly resistance Nov 22
*RES 3: Y111.87 Low Nov 20 now resistance
*RES 2: Y111.69 200-DMA
*RES 1: Y111.46 Hourly resistance Nov 27
*PRICE: Y111.21 @ 2000GMT
*SUP 1: Y110.84 Hourly support Nov 24
*SUP 2: Y110.60 Daily Bear channel base
*SUP 3: Y110.22 100-WMA
*SUP 4: Y109.52 Low Sept 15
*COMMENTARY: Bearish confidence grew with the 200-DMA capping to start the new
week and focus on the 100-WMA. Bears need a close below the 100-WMA to confirm
focus on tests of Y107.31 2017 lows. O/S studies and the Bollinger band base
(Y110.78) remain key concerns for bears. Bulls look for a close above the
200-DMA to ease bearish pressure and above the 21-DMA (Y112.90) to shift overall
focus back to tests of Y114.72 with above Y113.33 confirming.
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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.