Free Trial

Consolidating Trend Positive.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Consolidating Trend
Positive Chinese equities set the tone in Asia with the risk-on tone spilling
over into Europe. Bulls need a close above the 100 & 200-dma's at 111.34/41 to
re-ignite upside momentum and challenge the 112 level, which has previously
proved hard to overcome. Bears look for a close below Y110.79, to open the Feb
22/Feb 19 lows at 110.56/45.

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.