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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
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Trading Near Its Recent Lows
- RES 4: 134.14 3.0% Upper Bollinger Band
- RES 3: 133.48/82 High Oct 20 and key resistance / 2.0% 10-dma env
- RES 2: 133.15 High Feb 10
- RES 1: 131.52 50.0% retracement of Friday’s range
- PRICE: 130.51 @ 06:42 GMT Feb 15
- SUP 1: 130.05 Low Feb 14
- SUP 2: 129.41 76.4% retracement of the Jan 25 - Feb 10 rally
- SUP 3: 129.19 Low Feb 3
- SUP 4: 128.25 Low Jan 25 and a key short-term support
EURJPY is trading near recent lows having traded sharply lower Friday. A key support zone is seen at 130.65-20 marking the area between the 20- and 50-day EMAs. The lower level has been probed and yesterday’s low is also seen as a key short-term support - at 130.05. For now, the pullback is considered corrective with bullish conditions intact following the recovery from the late January lows. The bull trigger is at 133.15, Feb 10 high.
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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.