Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
DOLLAR-YEN TECHS: Bulls Need Close Above Y110.25
*RES 4: Y111.05 High Aug 4
*RES 3: Y110.82 High Aug 8
*RES 2: Y110.59 Hourly resistance Aug 8
*RES 1: Y110.25 Low Aug 8 now resistance
*PRICE: Y110.07 @ 0210GMT
*SUP 1: Y109.58 Low Aug 9
*SUP 2: Y109.35 Bollinger band base
*SUP 3: Y108.81 Monthly Low June 14
*SUP 4: Y108.10 2017 Low Apr 17
*COMMENTARY: Hesitation ahead of the Y111.05-44 region where key DMAs are
clustered resulted in breaks of support layers leaving the pair looking heavy
with bears now focused on 2017 lows. Layers of resistance have accumulated with
bulls now needing a close above Y110.25 to ease immediate bearish pressure and
shift focus back to Y111.05-111.43. The Bollinger base and O/S daily studies are
concerns for bears with potential to limit follow through.