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Why MNI
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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: PBOC Net Drains CNY248 Bln via OMO Tuesday
MNI Eurozone Inflation Insight – November 2024
Stalls Ahead Of Key Resistance RES...>
EURO-YEN TECHS: Stalls Ahead Of Key Resistance
RES 4: 125.49 0.618 projection of the May 6 - Jun 5 from Jun 22 low
RES 3: 125.23 High May 1, 2019
RES 2: 124.96 2.0% 10-dma envelope
RES 1: 124.29/43 High Jul 22 / Jun 5 and key resistance
PRICE: 123.09 @ 16:35 BST Jul 24
SUP 1: 122.84 Low Jul 24
SUP 2: 122.47 Low Jul 21
SUP 3: 122.04 20-day EMA
SUP 4: 121.82 Low Jul 15 and 16
EURJPY has found resistance at 124.29, Jul 22 high just ahead of the primary
resistance at 124.43, Jun 5 high. Key support at 123.06, gave way ahead of the
close. The break, and more importantly a close below this level, signals a top
and highlights the potential for a deeper correction. While the support holds,
the current uptrend remains intact. Clearance of 124.43 would trigger an
extension higher.
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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.