Mtechtips MCX-SX JPYINR INTRADAY trading analysis 18-07-2017


Mtechtips MCX-SX JPYINR INTRADAY trading analysis 18-07-2017

MTECHTIPS:- The  Yen is weakening against Indian Rupee .Currently Yen is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing BUY signal For short term Yen is in SELL position.Positionally Support for JPYINR is 57.1-56.89-.Resistance for the JPYINR is 57.95-58.04-58.28-58.44-60.06-In medium term Yen is relatively strengthening against Euro- Dollar- Pound- In long term Yen is relatively strengthening against Euro- Pound-Short term and Intraday Level of Yen with RupeeCurrently JPYINR is in HOLD LONG position In short term JPYINR is in strong up trend so hold with stop at 57.101 The oscillator is showing BUY signal Intraday Trend- Buy is advised above 57.595 with a stop at 57.155 Below 57.086 go for sell with a stop at 57.525

WWW.MTECHTIPS.COM

07489294118-119

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s