Free Trial
JGB TECHS

(M2) Correction Extends

US STOCKS

Late Session Rebound

AUSSIE 10-YEAR TECHS

(M2) Corrective Cycle Remains In Play

AUSSIE 3-YEAR TECHS

(M2) Gains Still Considered Corrective

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Y132.32 Loss Would Suggest Scope.....>

EURO-YEN TECHS
EURO-YEN TECHS: Y132.32 Loss Would Suggest Scope For Y131.93-Y131.85 Pullback
*RES 4: Y134.12 1% volatility band
*RES 3: Y133.78 76.4% Fibo of Y134.50-Y131.46
*RES 2: Y133.34 61.8% Fibo of Y134.50-Y131.46
*RES 1: Y133.15 Nov 2 high
*PRICE: Y132.45 @1000GMT
*SUP 1: Y132.32 Hourly base Oct 31
*SUP 2: Y131.85/93 Hourly support, Initial high Oct 30
*SUP 3: Y131.41/46 Aug 2 high, Oct 30 low, 1% vol band
*SUP 4: Y131.03 50% Fibo of Y127.56-Y134.50
*COMMENTARY* Spent the better part of last week correcting some of the recent
Y134.50-Y131.46 losses. The latest rise through Y132.96-Y132.98 has seen a high
of Y133.15 so far, just ahead of the next Fibo retrace level at Y133.34. In the
meantime, support also changes slightly, Y132.32 initially and this currently
protects against a more sizeable pullback of the gains from that Y131.46 level. 

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.