USDJPYX Trading Predictions
1 Day Prediction
Target: April 24, 2025$142.5
$142.8
$143.2
$141.8
Description
The recent bearish trend indicates a potential continuation, with the price likely to test support around 142.00. RSI shows oversold conditions, but MACD suggests further downside. Volume remains low, indicating lack of strong buying interest.
Analysis
Over the past 3 months, USDJPY has shown a bearish trend, with significant support at 142.00. Technical indicators like the MACD and RSI suggest further downside potential. Volume has been low, indicating weak buying pressure, while recent candlestick patterns show indecision.
Confidence Level
Potential Risks
Market volatility and potential news events could lead to unexpected price movements.
1 Week Prediction
Target: May 1, 2025$141
$142
$142.5
$140.5
Description
The bearish momentum is expected to persist, with potential testing of the 140.00 support level. The MACD remains negative, and the RSI indicates oversold conditions, suggesting a possible bounce but overall downward pressure.
Analysis
The USDJPY has been in a downtrend, with key support at 140.00. Technical indicators suggest continued bearish sentiment, while volume patterns indicate a lack of strong buying interest. The market sentiment remains cautious amid economic uncertainties.
Confidence Level
Potential Risks
Unforeseen macroeconomic events could impact the currency pair significantly.
1 Month Prediction
Target: June 1, 2025$139.5
$140.5
$141
$138
Description
The overall bearish trend is likely to continue, with the price potentially reaching the 138.00 support level. The RSI indicates oversold conditions, but the MACD suggests further downside before any potential recovery.
Analysis
In the last three months, USDJPY has shown a clear bearish trend, with significant support at 138.00. Technical indicators suggest continued downward pressure, while volume analysis indicates weak buying interest. The market remains sensitive to external economic factors.
Confidence Level
Potential Risks
Market sentiment could shift rapidly due to economic data releases or geopolitical events.
3 Months Prediction
Target: July 1, 2025$137
$138.5
$139
$135.5
Description
The bearish trend is expected to persist, with potential for the price to test lower support levels around 135.00. The MACD remains negative, and the RSI suggests oversold conditions, indicating a possible bounce but overall downward bias.
Analysis
The USDJPY has been in a bearish phase, with key support at 135.00. Technical indicators suggest continued weakness, while volume patterns show a lack of buying interest. The market sentiment is cautious, influenced by macroeconomic uncertainties.
Confidence Level
Potential Risks
Economic indicators and geopolitical tensions could lead to volatility and unexpected price movements.