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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 US MARKETS ANALYSIS - CAD Slips as Trump Looks to Tariffs
MNI China Daily Summary: Tuesday, November 26
Y109.60-Y109.83 Break Needed To....>
DOLLAR-YEN TECHS: Y109.60-Y109.83 Break Needed To Revive Upside Interest
*RES 4: Y110.93/95 38.2% of Y114.50-Y108.73, Aug 16 high
*RES 3: Y110.70 1% volatility band
*RES 2: Y110.38 Aug 17 high
*RES 1: Y109.83 Aug 23 high
*PRICE: Y109.63 @0821GMT
*SUP 1: Y109.05 Hourly support
*SUP 2: Y108.85 Aug 23 low
*SUP 3: Y108.50/60 1% volatility band, Aug 18 low
*SUP 4: Y108.13 Apr 17 low
*COMMENTARY* A fall to a Y108.60 low last Friday but the subsequent recovery
formed a 'Doji' candle close on the daily chart. This survived another assault
on Monday, before seeing another bounce and the chance for a better recovery. So
far this has reached Y109.83, without as yet challenging tougher resistance
between Y110.38-Y110.95. Initial support Y109.05-Y108.85 but lose Y108.50-60 and
outlook changes, with the year's Y108.13 low then under threat.
To read the full story
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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.