Mtechtips MCX-SX JPYINR INTRADAY trading analysis 15-02-2019 MTECHTIPS:- Yen is weakening against Indian Rupee .Currently Yen is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Yen. The JPYINR is now trading in oversold level. The JPYINR is now trading in oversold level. The oscillator is showing SELL signal For short term Yen is in SELL position.Positionally Support for JPYINR is 63.82-62.87-.Resistance for the JPYINR is 64.62-64.71-65.3-65.38- In medium term Yen is relatively strengthening against Pound- Short term and Intraday Level of Yen with Rupee Last few days JPYINR is moving down The JPYINR is not giving any clear signal So buy only if close above and sell below The GBPINR is now trading in highly oversold level. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Feb 15 2019 10:53AM, by MTECHTIPS in Currency| Share This