Mtechtips MCX-SX JPYINR INTRADAY trading analysis 15-06-2017

Mtechtips MCX-SX JPYINR INTRADAY trading analysis 15-06-2017
MTECHTIPS:- Yen is weakening against Indian Rupee .Currently Yen is moving sideways The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is on SELL signal and JPYINR is coming down from overbought level .In last 1 month volatality is very less and fresh Buy can be considered in the JPYINR if it close above59.35 or buy with strict stop at 57.52. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is on SELL signal and JPYINR is coming down from overbought level For short term Yen is in HOLD LONG position.Positionally Support for JPYINR is 58.22-58.12-57.97-57.83-.Resistance for the JPYINR is 58.8-58.91-60.97-
In medium term Yen is relatively strengthening against Euro- In long term Yen is relatively strengthening against Euro- Pound-
Short term and Intraday Level of Yen with Rupee
Currently JPYINR is in HOLD SHORT position JPYINR is moving sideways with low volatality so short term investor better to buy if close above 58.965 close below 58.365 Sell will happen. The oscillator is showing BUY signal
Intraday Trend-Intraday better to buy above 58.737 and Sell if below58.243
WWW.MTECHTIPS.COM
07489294118-119