USDCHF   |   USDJPY   |   EURUSD   |   GBPUSD   |   USDCAD   |   AUDUSD   |   ALL

USDJPY - Free Forex Market Analysis

In FREE Forex Market Analysis section, we'll provide forex market traders mid-term technical analysis of major currency pairs. But first of all, you should go to FAQ page to read the expression of the signs and words that appeared on the forex market analysis charts. You may join our yahoo group if you want to receive the update alert immediately after the analysis had been posted. For daily forex analysis, you can subscribe our Short-Term Forex Market Analysis, now you can get it at no charge.

Saturday, September 30, 2006 at 02:55 GMT

USDJPY rebounded from the bottom of the price channel and further rise above 118.27 previous high to test the resistance at the top of price channel is possible next week. Key support is at 116.08, only break below this level may signal the reversal to the up trend.

Related Links

• Previous Free Forex Market Analysis
• Previous Short Term Analysis in Our Blog
• Recommended Articles in Our Blog

Recommended

• Easy-Forex
• Free Online Trading Tools
• How To Use MACD
• How to use MetaTrader to find market cycle
• How to draw a price channel
• Relative Strength Index and Its Failure-Swing Points