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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 BRIEF: Aussie Trimmed Mean Rises In Oct
Bulls Focused on 200-DMA *RES 4:...>
DOLLAR-YEN TECHS: Bulls Focused on 200-DMA
*RES 4: Y112.42 High July 20
*RES 3: Y112.20 200-DMA
*RES 2: Y112.19 High July 26
*RES 1: Y111.88 High Sept 19
*PRICE: Y111.50 @ 0430GMT
*SUP 1: Y111.11 Hourly support Sept 18
*SUP 2: Y110.99 Hourly support Sept 18 a
*SUP 3: Y110.62 Hourly support Sept 15
*SUP 4: Y110.29 Hourly resistance Sept 15 now support
*COMMENTARY: The close above Y111.33 added support to the bullish case and sees
focus on the 200-DMA. Bulls look for a close above the 200-DMA to shift initial
focus to July highs (Y114.49) & overall focus to 2017 highs (Y118.61). Bears
still look for a close below Y110.99 to ease bullish pressure and below Y110.62
to shift initial focus back to Y109.55. The Bollinger top (Y111.80) remains the
key concern for bulls although studies approaching O/B is less than ideal.
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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.