Tuesday June 29, 1999
7:21 PM 

On the Frenzied Forex Front

Sept. Japanese-Yen

Nearby Support is at 8340 then 8325 , day traders can buy at 8327, risk 30 pts. Under that buyers should appear near 8314 to 8307 and 8300.

Resistance is at 8352 and 8364. Beyond that sellers should appear near

8391 to 8406. and 8423 Day traders can sell at 8422 for a turn lower, risk 30 pts.

Resistance is at 5326 and 5349. Beyond that resistance is at 5399 and 5418 to 5430. BW Traders can sell at 5418, risk a close over 5462 for two days in a row.

Support should appear at 5299 and the 5282 to 5271 region..

Resistance is at 6555 and 6577 to 6591 beyond that sellers should cap a rally near the 6605. Day traders can sell at 6605 risk 30 pts.

Support is at 6501 and 6486 to 6483, Under that 6462 offers support.

Support should appear near the 1..5726 and 1.5702 to 1.5690

Day traders can buy at 1.5726, risk 50pts.

Resistance is 1.5760 and 1.5792 . Day traders can sell at 1.5792, risk 60 pts

Support should appear at 6755 and 6741. Day traders can buy at 6748 for a bounce, risk 20 pts. Under that support is at 6712.

Resistance is at 6782 and 6795 then 6809. Day traders can sell at 6782 a turn lower. Risk 30 pts. Beyond that resistance is at 6822 and 6836

Support is at 261.2 and 259.00

Resistance is at 263.1 to 263.6 Beyond that resistance is at 264.6 and 268.10

Nearby Support is at 7140 and 7095 to 7070, day traders can Buy at 7115 , risk

150 pts. Under that support should appear near the 6955 then 6920 to 6905.

Nearby Resistance is at 7170 and 7240 to 7255 Beyond that a test of 7320 to 7360 is likely. Trade accordingly

Support is at 346.7 and 342.5

Resistance is at 349.10 then 352.10

On the DownSide: support is at 520 and 517.5 Day traders can buy at 518 and hold for higher prices. Below that support is at 515,5 to 512,5 then 508.

On the Upside. Nearby resistance is at 525.5 to 528.5 and 532 Beyond that

sellers should appear near 542,

Trade Accordingly

Support is at 1840 and 1826 to 1822..Day traders can buy at 1829, risk 35 pts

Below that support is at 1814 to 1808 and 1799.

Resistance is at 1849 then 1858 to 1865 and 1875 beyond that a test of 1902 is likely to occur.

Support is at 5413 and 5365 to 5344 and 5282.

Resistance should appear near the 5492 to 5504 and 5555 to 5577 regions

Support is at 4639 to 4634 Day traders can buy at 4639 for a turn higher, risk 100pts Under that support is at 4590 to 4572 and 4514 to 4490. .

Resistance should appear near 4717 to 4735 and 4789 Beyond that a trade towards the 4845 to 4856 should not be ruled out.... if it holds.

Trade Accordingly.

Support is at 455 3/4 and 452 and 449 3/4

Nearby Resistance is at 458 and 4601/2 then 462 3/4 to 463 1./2

A close over 458 is friendly,

Support is at 135. and 134.3 under that 133.60 should hold.

Resistance is at 136.6 and 138..5 then 139.8

Resistance is at 1710 to 1714 then 1727.

Support is at 223 3/4 to 222 3/4 and 221 1/4 then 218 3/4..

Resistance is at 226 1/2 and 227 3/4. Beyond that a test of 231 to 233 is likely,

Trade Accordingly.

Support is at 262 1/4 and 260 1/2 to 259 1/2.

Resistance is at 265 1/2 and 266 3/4 then 268 3/4 .

Support is at 5399 and 5355. Below that 5220 to 5220 should Hold.

Nearby Resistance is at 5405 and 5450 to 5460 and 5492 to 5504.

Nearby Support is at 601 to 597 then 586 to 582. BW Traders can buy at 582. Risk a close under 563.

Resistance should appear at 609 then 619 and 627 to 634. Day traders can sell at 619 and hold for lower prices...

Trade Accordingly

On the DownSide support is at 101.65 and 100.50 to 100.25 then 9935 to 9920.

Under that 98.35 to 9820 should hold.

Resistance is at 102.00, a close over augurs for a test of 103.20 to 103.60 and 104.20 .

Support should appear at 1036 to 1032 and 1020 under that 970 to 963 should hold.

Resistance is at 1058 to 1068 and 1073 Beyond that sellers should appear near the 1096 to 1101.region.

Support is at 6232 and 6212 to 6190, under that BW traders can buy at 6177 and hold for higher prices. Below that support is at 6157.

Trade accordingly

Support may appear near 3927 to 3907 Day traders can buy at 3912 for a bounce

below that support is at 3877 to 3847 and 3807 to 3792 and 3742 to 3732.

Resistance is at 4027 to 4042 and 4057,a close over 4057 is friendly and augurs for a test of 4112 to 4122 and 4147, beyond that sellers should appear near 4182 and

4237 and 4247.

On The DownSide support is at 114-25 and 114-20 Below that 114-14 offers support Below that support is at 113-13 and 113-04.

On the Upside Nearby Resistance is at 115-04 and 115-13. Beyond that resistance is at 116-08 and 116-13.

On the DownSide Support is at 1356.60 and 1351.70 to 1350.70.Hearty Day Traders can buy at 1351.70 and hold for higher prices. Below that buyers should appear near 1346 to 1345.30 and 1340. Under that support is at 1336 to 1334. Day traders can buy at 1334.10 and for a turn higher. Under that support should appear near 1328.30 then 1324.30 and 1322.

Resistance is at 1361.50. Beyond that resistance is at 1368.10. and 1377, above that sellers should appear near 1380 to 1383 and 1385.40. A close over 1361.50 is friendly and indicates an eventual test of the 1377 to 1383 region

Resistance is at 10,820 and 10,905 beyond that resistance should appear near

10,960 and 11,010.