Monday, 3 December 2018

Mtechtips MCX-SX JPYINR INTRADAY trading analysis 04-12-2018


Mtechtips MCX-SX JPYINR INTRADAY trading analysis 04-12-2018


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 showing SELL signal .In last 1 month volatality is very less Buy the JPYINR above 65.06 or buy with strict stop at 61.52. 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 HOLD SHORT position.Positionally Support for JPYINR is 61.71-.Resistance for the JPYINR is 62.91-63.46-63.76-64.29-64.32-64.85- 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 SELL signal Intraday Trend
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