USD/JPY TECHNICAL OUTLOOK : 23.12.2016
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
USD/JPY. Pair after opening at 117.84and made high of 118.04 and saw some buying from the lower levels in the session yesterday after the policy announcement few days back the pair is stuck in the range of
118.70-116.50 in the near term and likely to be in the range so trade the range but intraday 117 is a strong support so demand can come in the pair.
Fundamental Overview
Yen is trading at 117.48, after having traded in a narrow range in yesterday’s session. Buying on dips for the USDJPY pair continues to remain a key theme for the pair and with the Japan market being closed today, expect limited moves in the pair. 117 would act as a strong support for the pair in the near term.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
All Day Japan - Emperor's Birthday
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
USD/JPY. Pair after opening at 117.84and made high of 118.04 and saw some buying from the lower levels in the session yesterday after the policy announcement few days back the pair is stuck in the range of
118.70-116.50 in the near term and likely to be in the range so trade the range but intraday 117 is a strong support so demand can come in the pair.
Fundamental Overview
Yen is trading at 117.48, after having traded in a narrow range in yesterday’s session. Buying on dips for the USDJPY pair continues to remain a key theme for the pair and with the Japan market being closed today, expect limited moves in the pair. 117 would act as a strong support for the pair in the near term.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
All Day Japan - Emperor's Birthday