Mtechtips MCX-SX JPYINR INTRADAY trading analysis 13-12-2018
MTECHTIPS:- Yen is strengthening against Indian Rupee in long- short-medium- short- term .Currently Yen is in strong uptrend with good momentum but volume is unsatisfactory 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 The current position is BUY .Positionally Support for JPYINR is 63.33-63.27-62.55-62.46-61.91-.Resistance for the JPYINR is 64.39-64.62- In medium term Yen is relatively strengthening against Dollar- In long term Yen is relatively strengthening against Euro- Dollar- 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
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Published on
Dec 13 2018 11:02AM, by
MTECHTIPS in
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