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Old 01-10-2006, 23:15   #113
sdotwewen
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Re: Forex Cycle Analysis

USDJPY stays in the rising price channel and it is in up trend. A sideways consolidation is needed if the bottom of the price channel is broken below. Key support is at 117.52, a break below this level may signal the reversal of the up trend.
http://www.forexcycle.com/usdjpy.html
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Old 02-10-2006, 21:38   #114
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Re: Forex Cycle Analysis

The price channel support is broken below, USDJPY is topping on 4 hours chart. It will form a sideways consolidation in the next several days before the resumption to the up trend, a break above 118.39 may signal the resumption of the up trend.
http://blog.forexcycle.com/
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Old 03-10-2006, 21:10   #115
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Re: Forex Cycle Analysis

USDJPY broke below the key support at 117.52 and topped at 118.39 on 4 hours chart. Further fall below 117.38 level to reach the next cycle bottom can be expected. Key resistance is now at 118.39, a break above this level may signal the resumption of the up trend.
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Old 04-10-2006, 20:50   #116
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Re: Forex Cycle Analysis

USDJPY is in correction to the up trend, fall below 117.38 to reach the next cycle bottom on 4 hours chart is still possible later today. Key resistance is at 118.39, a break above this level may signal the resumption of the up trend.
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Old 05-10-2006, 21:21   #117
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Re: Forex Cycle Analysis

USDJPY is forming a sideways consolidation in a range between 117.38 and 118.39, further rise above 118.39 is still possible after this consolidation, key resistance is now at 118.28, and a break above this level may signal the resumption of the up trend.
http://finance.groups.yahoo.com/group/forexcycle/
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Old 08-10-2006, 22:12   #118
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Re: Forex Cycle Analysis

Key resistance at 118.28 is broken above, and USDJPY is in up trend. Further rise towards 120.00 level can be expected in the next several days. Key support is now at 117.45, as long as the key support holds, up trend will continue.
http://www.forexcycle.com/usdjpy.html
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Old 10-10-2006, 20:55   #119
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Re: Forex Cycle Analysis

USDJPY is in up trend, and further rise towards 120.50 level is possible later today. Key support is now at 118.89, only break below this level may signal the reversal to the up trend.
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Old 11-10-2006, 20:35   #120
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Re: Forex Cycle Analysis

USDJPY is in up trend, and further rise towards 120.50 level is possible later today. Near term support is at the up trend line, and as long as the trend line support holds, up trend will continue.
http://blog.forexcycle.com/330/short...tober-12-2006/
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