Free Trial
US TSY FUTURES

BLOCK, 10Y Sale

EUROZONE ISSUANCE

EU Sends RFP For NGEU Funding

OUTLOOK

Friday Data Calendar

US

NY Fed Weekly Economic Index (WEI)

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
EURO-YEN TECHS
EURO-YEN TECHS: Bulls Need Close Above Y132.18
*RES 4: Y133.46 100-DMA
*RES 3: Y133.05 High Feb 21
*RES 2: Y132.18 High Feb 27
*RES 1: Y131.93 21-DMA
*PRICE: Y131.59 @ 0530GMT
*SUP 1: Y130.58 Low Mar 6 
*SUP 2: Y129.57 200-WMA 
*SUP 3: Y129.33 2018 Low Mar 5 
*SUP 4: Y128.68 55-WMA
*COMMENTARY: Fresh 2018 & 6mth lows lacked follow through with the recovery
seeing the pair flirting with the 200-DMA (Y131.48). Bulls now look for a close
above Y132.18 to shift initial focus to Y133.05-134.16 where 55 & 100-DMAs are
situated. Above Y134.16 is needed to target 2018 highs. Key support is now noted
at 130.58 with bears needing a close below to retain focus 55 & 200-WMAs.
Correcting O/S studies add support to the bullish case.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.