USD/JPY TECHNICAL OUTLOOK : 03.02.2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Fundamental Overview
Yen is trading at 112.69, traded in a range of 112.00-113.00 for most of yesterday. The relatively quiet risk backdrop, along with Treasury yields off their lows have supported, though overall dollar sentiment remains guarded, as the U.S. trade outlook and new administration's overall policies still quite uncertain. A strong NFP will take the pair to 114.00.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
5:20 JPY Monetary Policy Meeting Minutes
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
USD/JPY. Pair after opening at 112.84 made low of 112.05 and traded with some negative bias but could not close below the supports of 112.lelves so if the pair able to maintain and sustain above the consolidation likely to test the rise range of the consolidation of 115 levels in the near term.
Fundamental Overview
Yen is trading at 112.69, traded in a range of 112.00-113.00 for most of yesterday. The relatively quiet risk backdrop, along with Treasury yields off their lows have supported, though overall dollar sentiment remains guarded, as the U.S. trade outlook and new administration's overall policies still quite uncertain. A strong NFP will take the pair to 114.00.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
5:20 JPY Monetary Policy Meeting Minutes