Free Trial

Bullish Signals Despite a minor......>

EURO-YEN TECHS
EURO-YEN TECHS: Bullish Signals
Despite a minor pullback off recent highs, EURJPY continues to display buoyant
intraday signals. Bulls focus on a weekly close above 133.00 for the first time
since April. A break of 133.49 suggests a large double-bottom formation,
shifting the medium-term outlook bullish. Bears need to break 130.00, a close
below here would shift the outlook back to neutral and target 128.00 to return
focus to the August lows of 124.91.

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.