USD/JPY TECHNICAL OUTLOOK : 2.1.2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
USD/JPY. Pair after opening at 116.50 and made high of 117.20 and saw trading side wise after some profit booking in last few sessions the pair is expected to consolidate in the range of 116-117.20 in the session going ahead and can correct to 115but there the medium term trader s can enters their long position for ride up to 120 levels.
Fundamental Overview
YEN remains largely unchanged against US dollar retraced from the high as major players remains on the side lines with pound appreciating against dollar and YEN and Euro saw some cool off with no major data likely to see a range bound activity with no major data and global equity remaining shut likely to see range bound activity.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Fundamental Overview
YEN remains largely unchanged against US dollar retraced from the high as major players remains on the side lines with pound appreciating against dollar and YEN and Euro saw some cool off with no major data likely to see a range bound activity with no major data and global equity remaining shut likely to see range bound activity.