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Market News Topics
May 02, 2019 09:02 GMT
Trades Either Side of 125 EURJPY.....>
EURO-YEN TECHS
EURO-YEN TECHS: Trades Either Side of 125
EURJPY continues to trade around the 125.00 level with bulls looking to clear
the 125.40-60 zone which holds the 100-dma, 50% retracement of the Apr fall &
previous series of highs. A topside break opens a move toward the 126.00/05 area
which has proved hard to overcome. Bears need to take out the Apr 26 low &
124.00 level to return the focus to the 50% retracement of the 2016 lows to the
2018 highs & March lows at 123.72/66.
To read the full story
Close
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.
Sign up now for free trial access to this content.
Please enter your details below.
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.
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