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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.
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Free AccessMNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
MNI: Japan Govt Keeps Economic Assessment, Ups Imports
Rallies After Test To 5 Month........>
EURO-YEN TECHS: Rallies After Test To 5 Month Rising Support Line
*RES 4: Y135.79 76.4% Fibo of Y136.64-Y133.05
*RES 3: Y135.27 61.8% Fibo of Y136.64-Y133.05
*RES 2: Y134.85 Hourly congestion Jan 9
*RES 1: Y134.56 Jan 10 high
*PRICE: Y134.19 @1548GMT
*SUP 1: Y133.55/65 Hourly support
*SUP 2: Y133.25 Intraday hourly basing area
*SUP 3: Y133.05 5 month support line, Jan 10 low
*SUP 4: Y132.46 76.4% Fibo of Y131.17-Y136.64
*COMMENTARY* The fall from last Friday's Y136.64 high continued this week,
losing support from the lower 1% volatility band, at 133.68 today but bringing
into focus Y133.05 as the next potential downside target This the 5 month rising
support line. A loss here and then not much ahead of Y132.46-Y132.32. In the
meantime, the rally back above Y134.05-Y134.20 is encouraging, Y134.56 now the
bar to a higher Y134.85-Y135.27 rise.
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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.