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Forex trading: USD/JPY levels (from MNI)

Posted by Akhilesh Ganti on Apr 16, 2013 10:13:00 PM

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

99.36 3.00% MA envelope top
99.00 Strong offers, stops
98.75/80 Medium offers (98.71 - 15 Apr high)
98.50 Strong offers
98.39 2.00% Upper MA envelope
98.34 Intraday high Asia

98.17 ***Current market rate 0214GMT Wednesday

97.57/55 US close Tuesday/Intraday low Asia
97.50 Medium demand
97.34 US session low Tuesday
97.30/25 Medium demand
97.00 Strong demand
96.80 Medium demand
96.55/50 Strong demand
96.00 Strong demand, (96.02 - 21-day ma)

 

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