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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 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
Rally Now Has Y110.05-Y110.38 As...>
DOLLAR-YEN TECHS: Rally Now Has Y110.05-Y110.38 As Next Barrier To Recovery
*RES 4: Y110.93/95 38.2% of Y114.50-Y108.73, Aug 16 high
*RES 3: Y110.38 Aug 17 high
*RES 2: Y110.05 Hourly recovery high Aug 17
*RES 1: Y109.83 Intraday high
*PRICE: Y109.38 @0803GMT
*SUP 1: Y108.90/05 Hourly support
*SUP 2: Y108.48/60 1% volatility band, Aug 18 low
*SUP 3: Y108.13 Apr 17 low
*SUP 4: Y107.36/38 1.618 swing Y108.73-Y110.95, 2% vol band
*COMMENTARY* A fall to Y108.60 low last Friday but the subsequent recovery
formed a 'Doji' candle close on the daily chart. This survived another assault
on Monday, before seeing another bounce and the chance for a better recovery.
This having breached Y109.67, now has the Y110.05-Y110.38 area of more
consequence higher. Initial support Y109.05-Y108.90 but lose Y108.60-Y108.48 and
outlook changes, with the year's Y108.13 low then under threat.
To read the full story
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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.