MNI BRIEF: BOC Governor Tiff Macklem Opening Statement

MNI BRIEF: Text of Bank of Canada Interest-Rate Decision

BOC CUTS RATE 50BPS TO 3.25%, SEES GRADUAL APPROACH FROM HERE

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Clears All Key Retracement Levels

EURJPY TECHS
  • RES 4: 133.48 High Oct 20 2021
  • RES 3: 133.15 High Feb 10 and a bull trigger
  • RES 2: 132.06 3.0% 10-dma envelope
  • RES 1: 131.91/92 High Feb 16, Mar 17 / Mar 18
  • PRICE: 131.72 @ 17:12 GMT Mar 18
  • SUP 1: 129.12 20-day EMA
  • SUP 2: 127.42 Low Mar 10
  • SUP 3: 126.01 Low Mar 9
  • SUP 4: 124.40 Low Mar 7 and a key support

EURJPY remains in a short-term uptrend and the cross traded higher again Friday. All key retracement levels of the recent Feb - Mar downleg have been cleared and price remains above the 20- and 50-day EMAs. Recent gains signal potential for an extension to; 131.91, the Feb 16 high and key resistance at 133.15, the Feb 10 high. Initial support is seen at 129.12, the 20-day EMA.

Foreign Exchange Technical AnalysisHomepagemarkets-real-timeBulletMarketsForeign Exchange Bullets
Foreign Exchange Technical AnalysisHomepagemarkets-real-timeBulletMarketsForeign Exchange Bullets

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.