Free Trial

Bullish Trend Extends Bulls are....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bullish Trend Extends
Bulls are in control following yesterday's close back above 113.00 and the July
19 high, with new ytd highs established. The next upside hurdle comes in at
114.73 marking the Nov 2017 high. Bears target a break of the Sep 20 low and
retracement toward the 111.60 level to shift the outlook back to neutral, before
targeting the 100-dma & up trendline support at 110.98/111.12.

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.