Sponsors

USDJPY Weekly Analysis - August 9, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 August 2015 07:17 UTC
USDJPY stays in the upward price channel on daily chart, and remains in uptrend from 115.56. Further rise would likely be seen over the next several weeks, and next target would be at 130.00 area. Near term support is at 123.00, only breakdown below this level could bring price back to the bottom of the channel.

usdjpy chart

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.