01/08/99
5:43 AM

On the Frenzied Forex Front

March Japanese-Yen

Nearby Support is at 8964 and 8871 and 8777 where traders should buy at 8777 for a good bounce, risk a close under 8734 for three days in a row.

Resistance is at 9064 then 9131 to 9140 . Beyond that day Traders can sell short at 9173 for a turn lower, risk 70 pts. A close over 9226 is friendly and augurs for a test of 9316 to 9347 where traders should sell at 9330 and hold for lower prices.

Early Support is near the 5957 to 5940 region. Below that support is near 5880 and 5855. .

Resistance is at 6018 then 6057 and 6101 and 6113, traders can go short for a quick turn lower at 6108, risk a close over 6113 for three days in a row. Beyond that good sellers should appear near 6165 to 6190 and 6257. Traders can go short at 6257 and hold for lower prices.

Nearby Support is at 7213 and 7170

Resistance is at 7312 and 7328 beyond that resistance is at 7369

Support is at 1.6420. Below that support is at 1.6286 and the 1.6150

to 1.6090 region where traders can go long at 1.6150 then hold for higher prices.

Resistance is at 1.6550 and 1.6640 then 1.6720.

Support should appear near the 6589 to 6577 region, below that 6535 should hold today. Resistance is at 6645 to 6657 and 6677

Support is at 289 and 286.4. Traders can buy for a bounce at 286.4, risk a close under 282. Below that the 276 to 271 region should hold.

Resistance is at 292.8 a close over 292.8 is friendly and traders should go long if that occurs. Beyond that resistance is at 296.5 and the 306 to 311 region.

Support is at 6400. Traders can go long at 6385 and hold for higher prices.

Resistance is at 6635 then 6775 and 6790, a close over 6800 indicates a test of 6905 to 6920. Beyond that resistance is near 6995.

Early Support should appear near 356.5 , beneath that 354.5 should contain a break.

Resistance is at 364 and 372.5, a close over 373 is friendly and indicates a test of 378.5 to 379.5 and eventually 383. Beyond that resistance is near 385 to 387 and the 390.9 to 393 region.

Traders should go long if a close over 372.5 occurs, risks a close back under 362.5.

On the DownSide: Nearby Support is at 511 and 504 then 496.5 and 489.
On the Upside. Resistance is at 533. Beyond that good sellers should appear

near 541 beyond that 553 to 555 should stop a rally for a bit.

Nearby Support is at 1270 to 1264 Below that 1245 should hold.

Resistance is at 1304 to 1319. Traders can go short at 1304, risk a close over resistance at 1334 for three days in a row.

Trade Accordingly

Support is at 3770 and 3709 Below that support is at 3635

Resistance is near the 3909 to 3930 region. Beyond that sellers should appear near 4045. Traders can go short at 4045 for a turn lower, risk a close over 4110 for two days in a row.

Nearby Support is at 3485 below that Traders can buy at 3365, risk a close under 3260 for three days in a row.

Resistance is at 3615 then 3655. A close over 3655 indicates a push towards 3745 and 3855. Trade Accordingly.

Support is at 5471/2 and 542

Resistance is at 554 and 560 then 567

Support is at 138.8 and 136.9 under that 134.60 to 133 should hold.

Resistance is at 145 and 150 offer good resistance.

Resistance is at 2402 and 2411 to 2419. Traders can go short at 2419 for a turn lower, risk a close over 2452 for three days in a row.

Support at 218 1/2 and 217

Resistance is at 224 and 226.

Support is at 286 1/4 and 281.

Resistance is at 291. Beyond that resistance is at 294.

Resistance should appear near 5935 and 6065 to 6085 and 6110 then 6165 to 6185

Support is at 5855 and 5825 under that 5790 should hold.

Traders should go long if a close over 6072 occurs.

Resistance is 883. Beyond that resistance is at 894 and 907 to 912.

Support is at 867 , day traders can buy at 867 and risk 45 pts. Below that support is at 852 to 847

On the downside, Early support is at 118.60 then 116.90 and 116.40 to 116.00 Additional support should appear at 115.75 and 115.00 and 113.60

On the Upside, Resistance should appear near 119.40 to 120.30 then 121.05 and 123.20 to 123.80. a close over 123.30 is friendly and augurs for a thrust towards 126.80 to 127.40.. Buy Dips

Support is at 1363 to 1345 then 1334. Traders can buy at 1346 for a turn higher, risk a close under 1304 for three days in a row. Below that 1295 and 1274 to 1268 offer support.

Resistance is at 1383 and 1402, Beyond that resistance is at 1415 to 1421 and 1452. Traders can sell short at 1444 and hold for lower prices.

Resistance is at 6257 then 6295. and 6337.

Support is at 6112 then 6082 .

Resistance is at 3727 and 3827.

Support is at 3555, day traders can buy at 3557 for a bounce,. Below that support is at 3497

Resistance is at 4127 , beyond that 4227 should cap an early rally today.

Support is at 4037 to 4022 day traders can buy at 4027 for a bounce Below that Buyers should surface at 3927 .

Nearby Support should appear near 4862 to 4857 and 4822 . Below that support is at 4672. Day traders can buy at 4827 for a bounce.

Resistance is at 4972 and 5052 then 5122 to 5157

On The DownSide, support is at 125-30 and 125-07. Below that support should

appear near 124-30 region

On the Upside: Nearby Resistance is at 126-30 and 127-07. Beyond that resistance is at 127-30

On the DownSide, Nearby Support at 1274 and 1270.40 then 1268 and 1266.10, a close under 1268.00 augurs for a test of 1253 then 1238 and 1233.80 to 1232.

On the Upside, Resistance is near the 1282 to 1285.10 region. Above that good

sellers should appear near 1292 and 1298 then 1304