Free Trial

Still Unable To Close Above 110 ...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Still Unable To Close Above 110 
USDJPY continues to fail to build on breaks above the 110 level with a close
above here needed to allow bulls to target the Dec 31 high & 50-dma at
110.48/50. Bears need to clear the 21-dma & 61.8% retracement level at
109.31/13, before challenging the Jan 31 low at 108.50.

To read the full story

Close

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.