Monday June 28, 1999
7:51 PM 

On the Frenzied Forex Front

Sept. Japanese-Yen

Nearby Support is at 8314 to 8300 and 8261. Under that buyers should appear near 8223 and the 8194 to 8183 region, Day Traders can buy at 8307 for a bounce, risk 30 pts.

Resistance is at 8352. Beyond that sellers should appear near 8391 to 8406.

And 8416 Day traders can sell at 8422 for a turn lower, risk 20 pts.

Resistance is at 5344 and 5377 then 5418 to 5430. BW Traders can sell at 5418, risk a close over 5462 for two days in a row.

Support should appear at 5296 and the 5282 to 5259 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 6509 day traders can buy at 6509 for a bounce, risk 35 pts. Below that 6483 should contain a decline today, Under that 6455 and 6420 offer support.

Support should appear near the 1.5804 then 1.5760 and 1.5690.

Resistance is 1.5858 then 1.5886 and 1.5936.

Support should appear at 6809 then 6782 to 6772. Under that buyers should appear near 6755 to 6741 and 6707.

Resistance is at 6822 and 6836 Day traders can sell at 6822 a turn lower. Beyond that resistance is at 6836 and 6871... BW Traders can sell at 6871 for a turn lower risk a close over 6906 for three days in a row.

Support is at 261.2 and 259.00

Resistance is at 263.1 to 263.6 Beyond that resistance is at 265.3 and 267.10

Nearby Support is at 7040 and 7005 to 6990, day traders can Buy at 7040 , risk

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

Nearby Resistance is at 7090 and 7150 beyond that resistance is at 7360

Trade accordingly

Support is at 346.7 and 342.5

Resistance is at 351.70 and 353.80

On the DownSide: support is at 511, day traders can buy at 513.5 and hold for higher prices. Below that support is at 511 and 505. Then 499.5.

On the Upside. Nearby resistance is at 518.5 to 519,5 and 523.5 . Beyond that

sellers should appear near 528.

Trade Accordingly

Support is at 1822 and 1808.. Below that support is at 1798 to 1796 and .1783 to 1774. Day traders can buy at 1796, risk 35 pts

Resistance is at 1834 and 1848 beyond that sellers should appear near 1858 to 1862 and 1875.

Support is at 5278 then 5255 to 5235 and 5139 to 5127, BW traders can buy at 5127, risk a close under 5067 for two days in a row.

Resistance should appear at 5344 to 5355. A close over 5356 is friendly and augurs for an eventual test of the 5492 to 5504 and 5555 to 5577 regions

BW Traders should go long if a close over 5356 occurs

Support is at 4555 to 4535, Day traders can buy at 4541 for a turn higher, risk 100pts Under that support is at 4514 to 4504 and 4470.

Resistance should appear near 4571 to 4582 a close over 4582 ids friendly and augurs for a test of 4639 to 4650, a close over 4650 is friendly and augurs for a likely test of the 4717 to 4735 region. Beyond that a trade towards the

4845 to 4856 should not be ruled out.... if it holds.

Trade Accordingly.

Support is at 451 3/4 and 447

Nearby Resistance is at 458 and 463 1/2

A close over 458 is friendly,

Support is at 133.9 and 129.3.

Resistance is at 136.6 and 139.8

Resistance is at 1721 beyond that sellers should appear near 1735.

Support is at 221 and 218 then 215.

Resistance is at 224 and 226

Trade Accordingly.

Support is at 265 1/4 and 262 1/2. Day Traders can buy at 263 3/4 , risk 5 cents .

Resistance is at 267 1/2 and 2711/4 then 275.

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

Nearby Resistance is at 5465 and 5492 to 5504.

Day traders can sell at 5465 , risk 50 pts,

Nearby Support is at 634 to 630. A close under 630 augurs for a test of 609 to 601 and the 586 to 582 region. Traders can buy at 582 and risk a close under 563.

Resistance should appear at 644, day traders can sell at 644, risk 30 pts. Beyond that resistance is at 656 to 661. then 672 and 682 to 686.

Trade Accordingly

On the DownSide support is at 100.50 to 100.00 and 9970 then 9935 to 9920.

Under that 98.35 to 9820 should hold.

Resistance is at 101.60 and 102.80 to 103.20.

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

Resistance is at 1048 and 1058 to 1068. Beyond that sellers should appear near 1096 to 1101.

Support is at 6190 to 6165 . BW traders can buy at 6177 and hold for higher prices.

Under that support is at 6152 and 6112 then 6077.

Trade accordingly

Support may appear near 4057 to 4042. ' BW Traders Who have Ice water Running through their Veins' can buy at 4067 and hold for higher prices...Below that support is at 3927 to 3907 and 3867 to 3857.

Resistance is at 4177 and 4237 to 4247, beyond that sellers should appear near

4292 and 4327.

On The DownSide support is at 114-12 and 114-05, day traders can buy at 114-13

risk 15 pts. Below that support is at 113-13 to 113-06. Under that Support is at 112-18.

On the Upside Nearby Resistance is at 115-104 to 115-07 and 115-12. Beyond that resistance is at 116-08 to 116-12. Trade Accordingly.

On the DownSide Support is at 1340 and 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 Under that the 1310 to 1304 and 1292 regions should provide support.

Resistance is at 1346 then 1351.70 to 1352.10 , beyond that sellers should appear near 1356.50 to 1357.40 beyond that a test of 1361.50 is likely.

A close over 1346 is friendly and augurs for a test of 1361.50...

Resistance is at 10,657 and 10,680 beyond that resistance should appear near 10,721 and 10,759.