USDJPYX Trading Predictions

USDJPYX trading chart for 2025-04-24

1 Day Prediction

Target: April 26, 2025
Close

$142.5

Open

$142.7

High

$143

Low

$141.8

Description

The recent bearish trend indicates a potential continuation, with the price hovering near support levels. RSI shows oversold conditions, but MACD suggests further downside. Expect a close around 142.500 as market sentiment remains cautious.

Analysis

Over the past 3 months, USDJPY has shown a bearish trend, with significant support around 142. Resistance is noted at 144. Recent volume patterns indicate low trading activity, suggesting a lack of strong conviction. Technical indicators like MACD and RSI point to potential further declines.

Confidence Level

7/10

Potential Risks

Market volatility and potential news events could lead to unexpected price movements.

1 Week Prediction

Target: May 3, 2025
Close

$141.8

Open

$142.2

High

$142.5

Low

$140.5

Description

The bearish momentum is expected to persist, with potential for a test of lower support levels. The market sentiment remains weak, and technical indicators suggest further downside pressure. A close around 141.800 is anticipated.

Analysis

The stock has been in a downward trend, with key support at 140.500. Technical indicators like the ATR indicate increasing volatility, while the RSI remains in oversold territory. Volume has been low, indicating a lack of strong buying interest.

Confidence Level

6/10

Potential Risks

Unforeseen macroeconomic events could impact the currency pair significantly.

1 Month Prediction

Target: June 3, 2025
Close

$140

Open

$141

High

$141.5

Low

$139

Description

Continued bearish sentiment and potential economic pressures suggest a further decline. The price may test the 140.000 support level, with technical indicators supporting this outlook. Expect a close around 140.000.

Analysis

The overall trend remains bearish, with significant resistance at 144. Recent price action shows a lack of bullish momentum. Technical indicators suggest a potential test of lower support levels, while volume patterns indicate weak buying interest.

Confidence Level

5/10

Potential Risks

Economic data releases and geopolitical events could lead to volatility and unexpected price movements.

3 Months Prediction

Target: July 3, 2025
Close

$138.5

Open

$139.5

High

$140

Low

$137

Description

The bearish trend is expected to continue, with potential for further declines as economic conditions may weigh on the currency pair. A close around 138.500 is anticipated as the market adjusts to ongoing pressures.

Analysis

The stock has been in a consistent downtrend, with key support at 137. Technical indicators suggest continued bearish momentum, while volume patterns indicate a lack of strong buying interest. External economic factors could further influence price movements.

Confidence Level

4/10

Potential Risks

Long-term predictions are uncertain due to potential shifts in economic policy and market sentiment.