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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Flirting With 55-WMA * The pair......>
EURO-YEN TECHS: Flirting With 55-WMA
* The pair continues to flirt with the 55-WMA (Y131.55).
* Bulls continue to look for a close above the 200-DMA to confirm a break of the
55-WMA and target Y133.48-135.62 where the LT TL off 2014 highs is noted.
* O/B daily studies looking to correct and the Bollinger top (Y132.05) limiting
follow through are key concerns for bulls.
* Bears now need a close below Y131.38 to gain breathing room and below Y130.64
to shift initial focus back to Y129.83.
* Below Y129.83 hints at a move back to Y128.40 with below the 55-DMA (Y129.28)
to confirm.
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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.