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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 POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
MNI BRIEF: Limited Economic Impact Of French Crisis - EC
MNI US MARKETS ANALYSIS - Ouster of Barnier Leaves Little Dent
Y131.45 Support Key Today *RES 4:....>
EURO-YEN TECHS: Y131.45 Support Key Today
*RES 4: Y133.12 Hourly resistance Oct 26
*RES 3: Y132.71 21-DMA
*RES 2: Y132.30 High Oct 30
*RES 1: Y131.94 Hourly resistance Oct 30
*PRICE: Y131.64 @ 0530GMT
*SUP 1: Y131.45 Low Oct 30
*SUP 2: Y131.27 Bollinger band base
*SUP 3: Y130.59 Low Sept 15
*SUP 4: Y130.24 100-DMA
*COMMENTARY: Hesitation ahead of Y134.59 resulted in a sell-off with the pair
currently flirting with the 55-DMA (Y131.74). Bears now look for a close below
Y131.45 to confirm a break of the 55-DMA and shift immediate focus to Y130.24-59
and overall focus to Y127.50. The Bollinger base is the key concern for bears
with potential to limit follow through. Bulls now need a close above Y132.30 to
ease bearish pressure and above Y133.50 to shift focus back to Y133.99-134.59.
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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.