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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 POLITICAL RISK ANALYSIS - Week Ahead 2-8 December
MNI POLITICAL RISK - Trump Targets BRICS w/New Tariff Threat
Straddles 118.00: *RES 4: 120.05.....>
EURO-YEN TECHS: Straddles 118.00:
*RES 4: 120.05 Low Jul 25
*RES 3: 119.88 High Aug 06
*RES 2: 119.59 High Aug 13 and key resistance
*RES 1: 118.98 High Aug 15
*PRICE: 118.12 @ 04:38 GMT Aug 21
*SUP 1: 117.52 Low Aug 12 and bear trigger
*SUP 2: 117.07 Bear channel base drawn off the Apr 17 high
*SUP 3: 117.00 Psychological support
*SUP 4: 116.47 Low Apr 21 2017
EURJPY continues to straddle the 118.00 level as the cross consolidates. The
underlying bearish trend remains intact and the focus is on the Aug 12 low of
117.52. This marks the trigger for a resumption of the bear trend. A break would
open 117.00 ahead of 116.47, the low of Apr 21, 2017. Clearance of 119.59, the
Aug 13 high is required to attract bullish interest and would open the Aug 6
high of 119.88 and the psychological 120.00 level and 120.05.
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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.