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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 ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
Resumes Its Uptrend
- RES 4: 154.56 1.618 proj of the Feb 1 - 13 - Mar 8 price swing
- RES 3: 153.98 1.50 proj of the Feb 1 - 13 - Mar 8 price swing
- RES 2: 153.39 1.382 proj of the Feb 1 - 13 - Mar 8 price swing
- RES 1: 153.24 High Apr 10
- PRICE: 152.93 @ 06:37 BST Apr 11
- SUP 1: 151.21/150.00 20- and 50-day EMA values
- SUP 2: 149.03 Low Mar 19
- SUP 3: 147.44 Low Mar 14
- SUP 4: 146.49 Low Mar 08 / 11 and key support
USDJPY traded sharply higher Wednesday. The climb takes the pair through key resistance at 151.91/95, the Nov 13 ‘23 and Oct 1 ‘22 highs respectively. The break of this resistance zone resumes the primary uptrend and sights are on 153.39 next, a Fibonacci projection. The break also confirms a flag formation on the daily chart, a bullish chart pattern. Initial firm support lies at 151.21, the 20-day EMA.
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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.