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Forex Trading, Market News & Technical Analysis

Forex trading: USD/JPY, EUR/JPY levels (from MNI)

Posted by Akhilesh Ganti on Apr 8, 2013 9:42:00 PM

DOLLAR-YEN: Fundamental levels (orders, options, technicals)

100.30 Offers on approach, stops
100.10 Offers on approach, stops
100.00 Offers on approach, stops - Resistance level
99.75 Medium offers - Resistance level
99.74 50% of 124.14-75.35
99.70 Medium offers
99.66 Intra-session high

99.28 ***Current market price 0143GMT Tuesday

98.80 Medium demand - Support level
98.60 Medium demand - Support level
98.29/19 100-month ma, 38.2% of 135.15-75.35
98.00 Stops
97.90 Stops
97.79 Aug 2009 high

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EURO-YEN: Fundamental levels (orders, options, technicals)

130.72 19 Jan 10 high
130.50 Offers on approach, barrier, stops - Strong Resistance level
130.33 20 Jan 10 high
130.20 Medium offers
130.00 Offers on approach, stops - Resistance level

129.77 ***Current market price 0145GMT Tuesday

129.20 Demand on approach, stops - Support level
129.10 Demand on approach, stops - Support level
129.00 Demand on approach, stops - Support level

 

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