Free Trial

Bulls Need To Recover Pre-Crash....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Need To Recover Pre-Crash Levels
The yen sold off by three big figures at the US-Asia crossover, tagging as low
as 104.87 before recovering to just below the 108 level last. Bulls need to
recover 109 to suggest a bullish reversal is in play, targeting 110 and the
200-dma at 111.10. Bears focus on the intraday low at 104.87, below which lies
the March 2018 low at 104.56.

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.