Mtechtips MCX-SX JPYINR INTRADAY trading analysis 15-11-2018 MTECHTIPS:- Yen is strengthening against Indian Rupee in long- term .Currently Yen is in strong downtrend and the trend is supported with good volume 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 and closed below 1 month low with volume signals down breakout.Positionally Support for JPYINR is 63.14-61.42-.Resistance for the JPYINR is 64.13-65.08-65.09-65.26-65.54- 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 EURINR is now trading in oversold level. The oscillator is showing SELL signal WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 15 2018 10:54AM, by MTECHTIPS in Currency| Share This