Mtechtips MCX-SX JPYINR INTRADAY trading analysis 22-11-2018

Mtechtips MCX-SX JPYINR INTRADAY trading analysis 22-11-2018

MTECHTIPS:- Yen is strengthening against Indian Rupee in long- term .Currently Yen is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 63.21-61.55-.Resistance for the JPYINR is 64.16-64.24-64.71-65.09-65.2- 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

WWW.MTECHTIPS.COM   

07489294118-119