Free Trial

Just Off Session Lows


USD/SGD Highs For 2023, NEER Softer


FVJ3 108.75 Calls Given


Powell Shakes BOJ View On US Recovery In Mid-2023

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 Access

Recovery Enters Next.................>

EURO-YEN TECHS: Recovery Enters Next Y137.40-Y137.65 Resistance Area
*RES 4: Y138.86 1.618 swing of Y136.64-Y133.05
*RES 3: Y138.53 2% volatility band
*RES 2: Y137.65 1.618 swing of Y136.31-Y134.13
*RES 1: Y137.40/50 Equality rise from Y134.13, Feb 2 high
*PRICE: Y136.95 @0936GMT
*SUP 1: Y136.64 Jan 5 high, now support
*SUP 2: Y136.29/31 Jan 25, Jan 18 highs, now support
*SUP 3: Y135.91/97 Hourly low/high Feb 1
*SUP 4: Y135.35/39 Hourly low/high Jan 31
*COMMENTARY* The break of the recent Y136.64 range top was followed by a move
above the upper 1% volatility band at Y137.17 and the 5 month rising resistance
line at Y137.26. This now has the potential for a higher Y137.40-Y137.65 rise
next. Through here and not much currently showing until the 2% band and swing
target between Y138.53-Y138.86. Meanwhile, support from Y136.64-Y136.29 offers
near term downside protection.

To read the full story

Why Subscribe to


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.