USDJPYX Trading Predictions

USDJPYX trading chart for 2025-04-23

1 Day Prediction

Target: April 25, 2025
Close

$143.5

Open

$143.2

High

$144.2

Low

$142.8

Description

The recent bearish trend indicates a potential continuation, with the price hovering near support levels. RSI shows oversold conditions, suggesting a possible short-term bounce. However, MACD remains negative, indicating bearish momentum.

Analysis

Over the past 3 months, USDJPY has shown a bearish trend, with significant support around 140. The RSI indicates oversold conditions, while MACD suggests continued bearish momentum. Volume has been low, indicating lack of conviction in price movements.

Confidence Level

7/10

Potential Risks

Market volatility and external economic news could impact the prediction. A sudden bullish reversal is possible if sentiment shifts.

1 Week Prediction

Target: May 2, 2025
Close

$144

Open

$143.8

High

$145.5

Low

$143

Description

A potential short-term recovery is anticipated as the price approaches key support levels. The Bollinger Bands suggest a squeeze, indicating a breakout may occur. However, bearish sentiment remains prevalent.

Analysis

The stock has been in a bearish phase, with resistance around 145. Recent candlestick patterns show indecision, and volume has been low. The market sentiment is cautious, influenced by economic data releases.

Confidence Level

6/10

Potential Risks

Unforeseen macroeconomic events could lead to increased volatility, impacting the accuracy of this prediction.

1 Month Prediction

Target: May 24, 2025
Close

$145.5

Open

$144.5

High

$147

Low

$144

Description

A gradual recovery is expected as the market stabilizes. The Fibonacci retracement levels suggest potential resistance at 147. The RSI may recover from oversold levels, indicating a bullish divergence.

Analysis

The past three months have shown a bearish trend with significant support at 140. The market is currently at a critical juncture, with mixed signals from technical indicators. Volume patterns indicate low participation, suggesting caution among traders.

Confidence Level

5/10

Potential Risks

The potential for further economic downturns or geopolitical tensions could hinder recovery efforts.

3 Months Prediction

Target: July 24, 2025
Close

$148

Open

$147.5

High

$150

Low

$146.5

Description

A longer-term recovery is anticipated as economic conditions stabilize. The MACD may turn positive, indicating a shift in momentum. However, resistance at 150 could pose challenges.

Analysis

The overall trend has been bearish, but signs of stabilization are emerging. Key resistance levels at 150 and support at 140 are critical. The market remains sensitive to macroeconomic factors, and any adverse news could lead to volatility.

Confidence Level

4/10

Potential Risks

Long-term predictions are subject to significant uncertainty due to potential economic shifts and market sentiment changes.