Free Trial

Stuck in The Range EURJPY has so.....>

EURO-YEN TECHS
EURO-YEN TECHS: Stuck in The Range
EURJPY has so far struggled to overcome the 125.00 level and keeps the
short-term outlook neutral. Bulls look for a close above here to target the
50-dma at 125.34, ahead of pivotal resistance & Mar 22 high at 125.95/126.18.
Bears need to take out the 124.00 level to regain control, before challenging
the 50% retracement level & Jan 15 low at 123.54/40.

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.