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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.
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 AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Near-Term Strength Persists
- RES 4: 131.77 61.8% retracement of the Jun - Aug sell-off
- RES 3: 131.09 High Jul 13
- RES 2: 130.56 High Jul 29
- RES 1: 130.45 High Sep 01
- PRICE: 130.39 @ 16:36 BST Sep 1
- SUP 1: 129.16 Low Aug 27
- SUP 2: 128.60 Low Aug 24
- SUP 3: 127.94 Low Aug 19 and the bear trigger
- SUP 4: 127.88 38.2% retracement of the Oct '20 - Jun rally
EURJPY trend conditions remain bearish despite this week's strength. However, from a short-term perspective the cross continues to climb and has topped the 50-day EMA at 129.96 on an intraday basis. A clear break of this average is required to suggest scope for stronger gains and open 130.56,the Jul 29 high. Key support has been defined at 127.94, Aug 19 low. Initial support lies at 129.16, Aug 27 low.
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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.