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Every week we recap the previous week and forecast the following week where we think the USDJPY will be heading in our USDJPY Weekly Forex Forecast. We know you will like our short but concise USDJPY analysis.

USDJPY Monthly Forex Forecast for August 2018

Technical Outlook: The USDJPY currency pair was seen breaking briefly above a multi-year falling trend line. While this signaled a potential upside breakout, price action quickly gave way to a steep decline. Despite breaking past the horizontal resistance level near 111.49 – 111.08, the USDJPY settled below this level. As price action consolidates around this […]

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USDJPY Weekly Forex Forecast – 23rd to 27th July 2018

From Japan, the BoJ’s inflation report will be coming out. The report comes as consumer prices in Japan remain subdued with the central bank seen being stretched on its monetary policy tools. The economic calendar from Switzerland is light. Chart set up: As mentioned in last week’s set up, the USDJPY stalled near the highs […]

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USDJPY Weekly Forex Forecast – 16th to 20th July 2018

Data from Japan this week is mostly quiet for the major part of the week. On Friday, the national core CPI data and the all industries activity report is expected to come out. However, the Japanese yen is likely to be influenced by the market sentiment. This comes in the backdrop of rising trade tensions […]

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USDJPY Weekly Forex Forecast – 9th to 13th July 2018

Technical Outlook: The USDJPY currency pair is showing signs of turning flat near the resistance area of 110.91 – 110.66 level. A continuation to the downside could push the currency pair to test the 109.97 level of support in the near term. Price action in USDJPY remains choppy overall. In the unlikely event that a […]

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USDJPY Monthly Forex Forecast for July 2018

Technical Outlook: The USDJPY currency pair is seen trading near strong levels of resistance both by the trend lines as well as the horizontal resistance levels. This suggests that price action could be easing back in the near term. Currently, the USDJPY is seen being tested by the falling trend line from October 2017. A […]

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USDJPY Weekly Forex Forecast – 2nd to 6th July 2018

Technical Outlook: The USDJPY currency pair was seen rallying back to the resistance level area of 110.91 – 110.66 region. Despite the rebound, we expect to see price action being muted at this level. There is a high likelihood that price action could fall back to the support level at 109.97 in the near term. […]

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USDJPY Weekly Forex Forecast – 25th to 29th June 2018

Technical Outlook: The USDJPY currency pair was seen trending lower last week following a brief retest back to the previous resistance level near 110.66. The declines near the support level of 109.97 indicate that the currency pair could be seen posting further losses in the near term. The lower support at 109.14 remains the most […]

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USDJPY Weekly Forex Forecast – 18th to 22nd June 2018

Technical Outlook: The USDJPY currency pair was seen lifting off the support level at 109.97 to test the previously established resistance level at 110.91 – 110.66 region. The rally to this level looks to be a bit overstretched as we expect some short term correction. The declines are likely to send USDJPY back to testing […]

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USDJPY Weekly Forex Forecast – 11th to 15th June 2018

Technical Outlook: The USDJPY currency pair briefly rallied to a two week high last week testing 110.23 before easing back. The currency pair post losses as it reached the support level near 109.14. However, the consolidation between the price levels of 109.97 and 109.14 is expected to signal a potential breakout. To the upside, if […]

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