Sunday July 25 1999
7:56 AM 

On the Frenzied Forex Front

Sept. Japanese-Yen

Nearby Support is at 8630 then 8567 then 8532.

Nearby Resistance is at 8668 to 8689 and 8732. Day traders can sell at 8732 and hold for lower prices. Beyond that sellers should appear near 8762 to 8777

Support should appear near 5379 and 5357 to 5344. Below that support is at 5329 failure there augurs for a test of 5282 to 5259

Resistance should appear near the 5418 to 5430 region. Day traders can sell at

5418, risk 20 pts. Beyond that resistance is at 5457 and 5475 then 5492 to 5504.

Nearby Support is at 6577 and 6556. Below that support is at 6524 and 6509.

Day traders can buy at 6509, risk 30 pts.

Nearby Resistance 6614 to 6624 and 6643, beyond that sellers should appear near the 6673 region. Day traders can sell at 6673, risk 50 pts.

Support should appear near 5760 and 1.5690

Resistance is at 1.582 and 1.5786 then 1.6090 to 1.6150. BW Traders can sell at 1.6120, risk a close over 1.6150 for two days in a row.

Support should appear at 6631 and 6591 to 6577 Day traders can buy at 6581,

risk 20 pts.

Resistance is at 6641 then 6657 to 6673

Nearby Support is at 254.7 and 253 then 251.1 BW Traders can buy at 251.90 and hold for higher prices... .

Resistance is at 257.8 to 258.4 a close over 258.4 , is friendly and augurs or a test of 261.20 to 262. and eventually 268.

Nearby Support should appear near 7375 to 7320. BW Traders can buy at 7355, risk a close under 7315 for three days in a row. Below that 7245 and 7170 to 7140 should contain a decline for a bit

Nearby Resistance is at 7515 and 7575 then 7620, beyond that resistance is 7775 and 7920. Trade Accordingly and stay tuned.

Support is at 353.9 and 349.5 . Below that support at 344.

Resistance is at 356.1. Beyond that resistance should appear near the 359.9 and the 361.3 to 362.3 region. BW Traders can sell at 361.8 for a turn lower, risk a close over 364.5 for two days in a row.

On the DownSide nearby support is at 514. and 508.5 Under that support at 499 and 487 should hold..

On the Upside, resistance is at 520.5 and 526 to 528 5 then 533.

Trade Accordingly and Stay tuned...

Nearby Support is at 2059, day traders can buy at 2059 for a turn higher , risk 35 pts. Below that good buyers should appear near then 2042 to 2034 and 2005 to 1996 then 1982 under that support is at 1954 to 1946 and the 1909 to 1902 region, which should contain a decline for the time being. BW Traders can buy at 1909 and hold for higher prices...

Resistance is at 2080 to 2088 and 2107.. eventually we sell a test of 2122.. BW Traders can sell at 2126 for a turn lower, risk a close over 2134 for two days in a row.

Nearby Support is at 6113 to 6080, day traders can buy at 6113 and hold for higher prices.. Under that support is at 6035 to 6020 and 5957 to 5945

Resistance should appear at 6165 to 6190. A close over 6190 is friendly and augurs for a test of the 6295 and 6337 to 6350 . BW Traders can sell at 6337 for a turn lower, risk a close over 6430 fro two days in a row.

Nearby Support is at 5211 to 5200 and 5139 to 5127 below that support is at 5070.

Resistance is at 5320 and the 5344 to 5356 region. Beyond that sellers should

appear near 5418 to 5430 and the 5492 to 5504 region BW Traders can sell at 5492 , risk a close over 5504 for three days in a row.

Trade Accordingly.

Nearby Resistance is at 483 and 491 1/2 to 492 3/4 and 496 3/4 beyond that 509 1/2 to 510 3/4, Aggressive day traders can go short at 510 3/4 for a turn lower and hold for lower prices...

Support is at 475 and 469. Day traders can buy at 475 1/2 , risk 12 cents..

Under that support is at 455 1/2 to 453.

Support is at 146.5 and 145.1 under that buyers should appear near 143 and 138.

Resistance is at 149.5 to 151 and 153.1. Beyond that sellers should appear near 156.8 to 159.

Resistance is at 1688 and 1696 to 1700 and 1731 to 1738

Support is at 224 3/4 and 218.

Resistance is at 223 1/2 and 227 3/4 . Beyond that sellers should appear near

232 1/2.

Support is at 262. Day traders can buy at 262 and hold for higher prices..

Under that buyers should appear near 256 and 250...

Resistance is at 268 1/4 and 274

Trade accordingly

On the DownSide support is at 5195 to 5170. Day traders can buy at 5170 and risk 100 pts. Under that support is at 5139 to 5127 and 5095..

On the Upside Resistance is at 5295 .Beyond that resistance is at 5330 then 5370 to 5395.

Nearby Support is at 573 Day traders can buy at 573, risk 25 pts Under that buyers

should appear near the 563 to 559 region and 538 to 534

Resistance should appear at 582 to 586 then 601 to 609.. A close over 586 is friendly and augurs for a test of 609 to 613 and the 630 to 634 region. BW Traders can go short at 634 for a turn lower risk a close over 656 for three days in a row.

Trade Accordingly

On the Upside, Resistance is at 9525 to 9545 and 9610 to 9640..A close over 9645 is friendly and augurs for a test of 9855. Above that resistance should appear near the 100.00 to 100.50 and 100.90 , then 101.90 and the 103.20 to 103.60 region.

Eventually we see a test of the 105.80 to 106.80 region...

On the DownSide, early support is at 9445 to 9425 then 9355 and 9150 to 9110. Under that buyers should appear near the 9060 to 9040 region. Hearty BW Traders can buy at 9060 and hold for higher prices..

Support is at 1036 to 1032, day traders can buy at 1037 for a bounce , risk 25 pts. Under that support is at 1019 and 1005 to 1000 .

Resistance is near 1058 to 1068. Beyond that a test ofd 1081 is likely.. Above that sellers should appear near 1096 to 1101 and 1130 to 1134

6652 to 6672 and 6812.

Support is at 6522, a slip under augurs for a test of 6492. Under that support is at 6437 and 6417.

Resistance is at 4912 and 4937. Beyond that resistance is at 5032 and 5077

then 5127 to 5142

Support is at 4227 and 4122, day traders can buy at 4122 and hold for higher prices... Below that buyers should appear near 4057.

Resistance is at 4422 and 4467 then 4572 to 4597.

Stay Tuned for Flashes in the Meat Complex..

On The DownSide nearby support is at 115-08 and 115-00 under that buyers should appear near 114-13 below that 114-00 should provide good support.

On the Upside Nearby Resistance is at 115-24 and 115-29 to 116-00 beyond that resistance is at 116-08 and 116-24.

Patience.

On the DownSide Nearby Support is at 1361.5 and 1353.70 , under that support should appear near 1346 and 1340 to 1338.80 and 1334.

Nearby Resistance is at 1365.70 and 1370.80 to 1371.80 . An n extended trade over 1371.90 ids friendly and augurs for a test of 1377 to 1380 , beyond that a test of 1383 is likely. A close over 1383 is friendly and augurs for an eventual test of 1399

Resistance should appear near 10,917 and 10,960 beyond that resistance is at 10,985 and 11,010 .A close over 11,010 is friendly and augurs for an eventual test of 10,086 and 11,137 to 11,155 ..