Friday June 11, 1999

06:45 AM

On the Frenzied Forex Front

Sept. Japanese-Yen

Nearby Support is at 8532 and the 8499 to 8484 region. Under that buyers should appear near 8461 and 8428.

Resistance is at 8560 to 8589. Beyond that resistance is at 8612 and 8668 to 8683

Resistance is at near the 5418 to 5437 region. BW Traders can sell at 5430 and risk a close over 5461 for three days in a row. Beyond that resistance should appear near the 5491 to 5504 region.

Support is at is at 5372 and 5357 then 5342. Below that buyers should appear near the 5287 region where it should hold for a bit. BW Traders can buy at 5282 and Hold for higher prices.

Resistance is at 6648 and near the 6656 to 6673 region. Beyond that resistance is at 6694 then 6707.

Support is at 6625 and 6609 then 6591 to 6577. Under that support is at 6544.

Support should appear near 1.5996 and 1.5960 then 1.5912.

Resistance is at 1.6090 and 1.6150. a close over 1.6150 augurs for a test of 1.6286. BW Traders should go long if a close over 1.6150 occurs.

Support should appear at 6836 and 6808 under that buyers should appear near 6787.

Resistance is at 6859 and 6871. A close over 6871 is friendly and augurs for a test of the 6906 to 6919 region. Beyond that test of 6990 to 7003 is likely.

Support is at 258.6 and 252

Resistance is at 261.7 and 263.8.

Support is at 6365 and 6350 to 6335. Under that support should appear near the 6180 to 6165 region. Below that BW Traders can buy at 6035, risk a close under 6020 for two days in a row.

Resistance is at the 6420 to 6435 region. Beyond that resistance is at 6470 and the 6565 region.

Support is at 364.5 and 361 then 358.

Resistance is at 368, Beyond that resistance is at 370.0, a close over 371.5 is

friendly and augurs for a test of the 374 and 377.

BW Traders should go long if a close over 371.5 occurs.

On the DownSide: support is at 508 and 503.5. Day traders can buy at 503.5 risk 4 cents. Under that BW traders should buy at 488.5 and risk a close under 485 three days in a row.

On the Upside. Nearby resistance is at 514 and 515 beyond that sellers should appear near 526.

Support is at 1774 Under buyers should appear near the 1750 and the 1738 to 1731

region. Below that buyers should appear near 1721

Resistance remains near the 1786 and the 1808 to 1822 region. .Above that resistance is at 1839 to 1849.

Support is at 5129.. Below that buyers should appear near 5045.

Resistance should appear at 5242 and the 5259 to 5280 region. BW Traders should go long if a close over 5282 occurs.

Support is at 4235 and 4216 then 4120 to 4110. BW Traders can buy at 4065 and hold for higher prices.

Resistance is at 4290 to 4315 then 4371. Beyond that good sellers should appear at 4550. Where BW traders can sell at 4570 for a turn lower, risk a close over 4582 for three days in a row.

Support is at 467 3/4 and the 461 to 459 region.

BW Traders can buy at 459, risk a close under 457 1/4 for two days in a row.

Below that support is at 456 and 450 below that 444 3/4 to 442 3/4 should hold.

Resistance is at 472 1/2 and 475.. A close over 472 is friendly and augurs for a test of 484 to 488 BW Traders should go long if a close over 472 occurs..

Support is at 477 3/4 and 473 3/4 and 467

Resistance is at 482 3/4 Beyond that sellers should appear near 487 3/4 and 490.

BW Traders can go long if a close over 485 3/4 occurs.

Support is at 135.90 and 134.60 to 133.4, traders can buy at 133.6 risk a close under 132.20 for two days in a row.

Resistance is at 138.30 and 139.80.

Resistance is at 1714 and 1731 to 1738 then 1757. Beyond that sellers should

appear near 1774 to 1780. BW Traders should go long g if a close over 1731 occurs.

Support is at 232 1/4. BW Traders can buy at 232 1/4 and hold for higher prices.. Below that support is at 229 3/4 and 226 1/4.

Resistance is at 234 3/4 and 236 1/4 where good sellers should appear..

Beyond that resistance is at 239 3/4.

Support is at 269 3/4 and 267 then 262 BW Traders can buy at 262 1/4 and hold for higher prices.

Resistance is at 273 1/4. A close over 272 1/2 is friendly and augurs for a test of 275 3/4 to 277 1/2. BW Traders should go long if a close over 272 1/2 occurs.

On the Upside resistance is at 5712 to 5729 and 5792 to 5805.

On the DownSide support is at 5655 to 5640. Under that 5577 to 5553 offers

support as does the 5504 to 5492 region.

A close over 5697 is friendly

Support is at 563 to 559 and 550. Below that BW Traders can buy at 538 and risk a close under 531 for three days in a row.

Resistance should appear at 568 and 582 to 588. A close over 568 is friendly.

On the DownSide, early support is at 106.80 and 105.90 to 105.40. Below that

support is at 104.05 then 103.60 to 103.20

On the Upside, Resistance is at 108.45. and 109.60 to 110.10, beyond that a test of then 110.40 to 110.80 is likely.

Support is at 1079 and 1068 to 1058. Below that 1036 to 1032 offers support.

BW Traders can buy at 1034 and hold for higher prices. Below that support is at 1017 and 1005 to 1000. Under that 972 to 968 offers support.

Resistance is at 1096 to 1101 and the 1130 to 1136 region. Beyond that sellers should appear near the 1164 to 1169 region.

Support is at 6397 to 6387 and 6352 to 6337 then 6312.

Resistance is at 5382 to 5392, a close over 5382 is friendly and augurs for a test of the 5447 and 5487 Beyond that resistance is at 5507 and 5582.

Support is at 4667 then 4542 to 4517.

Nearby Resistance is at 4817 and 4842 to 4855 and 4917.

On The DownSide support is at 114-27 and 114-23 under that 113-23

should contain the decline.

On the Upside: Resistance is at 115-03 and 115-23.

On the DownSide support is near 1316 and 1311 to 1310 then 1307 to 1304

region Below that buyers should appear at 1295.

Resistance is at 1322 and 1323.50 to 1326.40 , a close over 1322 is friendly and augurs for a test of 1334, a close over 1334 augurs for a test of 1340 then 1346 to 1347.10.

Resistance is at 10,680 and 10,740 to 10,756 to 10,775,. a close over 10,775 is friendly and augurs for a test of 10,857 and 10,901 beyond that 10,960 offers resistance. .