USD/JPY TECHNICAL OUTLOOK : 26.09.2016
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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USD/JPY. Pair after opening at 100.30 and made high of 100.98 and was trading volatile between range of 100.50-101.10 levels the pair likely to be range bound between the range of 100-102 for coming sessions , 99.50 will act as a strong support while the strong resistance is coming at 103 so pair is likely to be volatile in this range, but intraday can see some bounce
Fundamental Overview
Yen is trading at 100.59, after yet another attempt to breach the 100.00 mark for a second day in a row. There was no major data from the Japanese economy, except for the BOJ meeting minutes which supported the idea of additional easing when warranted. With the markets trending back into the red, expect another try towards the 100.00 mark today.
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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USD/JPY. Pair after opening at 100.30 and made high of 100.98 and was trading volatile between range of 100.50-101.10 levels the pair likely to be range bound between the range of 100-102 for coming sessions , 99.50 will act as a strong support while the strong resistance is coming at 103 so pair is likely to be volatile in this range, but intraday can see some bounce
Fundamental Overview
Yen is trading at 100.59, after yet another attempt to breach the 100.00 mark for a second day in a row. There was no major data from the Japanese economy, except for the BOJ meeting minutes which supported the idea of additional easing when warranted. With the markets trending back into the red, expect another try towards the 100.00 mark today.
