USD/JPY TECHNICAL OUTLOOK : 26.12.2016
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
USD/JPY. Pair after opening at 117.53 and made high of 117.65 and saw side wise action after some
buying from the lower levels in the session yesterday the pair is stuck in the range of 117-118 levels for past days and likely to be in the range so trade the said range in the range
Fundamental Overview
Yen is trading at 117.06, continuing to trade in a narrow range even after the monetary policy meeting
minutes were released today. The minutes did not throw any new light and indicated the currency policy is set to continue in the near term. Japan calendar is packed with data this week and could give a few trade
opportunities this week.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
05:20:00 JPY Monetary Policy Meeting Minutes
09:30:00 JPY BoJ Governor Kuroda Speaks
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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buying from the lower levels in the session yesterday the pair is stuck in the range of 117-118 levels for past days and likely to be in the range so trade the said range in the range
Fundamental Overview
Yen is trading at 117.06, continuing to trade in a narrow range even after the monetary policy meeting
minutes were released today. The minutes did not throw any new light and indicated the currency policy is set to continue in the near term. Japan calendar is packed with data this week and could give a few trade
opportunities this week.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
05:20:00 JPY Monetary Policy Meeting Minutes
09:30:00 JPY BoJ Governor Kuroda Speaks