Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
DOLLAR-YEN TECHS: Rally Falters Ahead Of Congested Y112.81-Y113.00 Resistance
*RES 4: Y113.27 Equality rise from Y109.55 to Y107.32-Y111.04
*RES 3: Y113.00 50% Fibo of Y118.67-Y107.32
*RES 2: Y112.96/98 2% vol band, 2017 falling resistance line
*RES 1: Y112.72/81 Sep 21 high, 76.4% Fibo of Y114.50-Y107.32
*PRICE: Y112.36 @1512GMT
*SUP 1: Y112.05/10 Hourly support
*SUP 2: Y111.88 Sep 19 high, now support
*SUP 3: Y111.45/50 Hourly congestion area Sep 20
*SUP 4: Y111.04/11 Sep 14 high, Sep 20 low
*COMMENTARY* Still the 'Doji' candle close on Sep 8 continues to power the
recovery, Wednesday moving through through the next Y112.20-Y112.42 barrier,
toward the 76.4% Fibo retrace level at Y112.81. This the first of a congested
resistance area from between here and Y113.00. An area that includes the 2%
volatility band, the year's falling resistance line and a longer term 50% Fibo
retracement. In the meantime, support from Y112.10-Y111.88, loss would caution.