USDJPYX Trading Predictions

USDJPYX trading chart for 2025-05-04

1 Day Prediction

Target: May 6, 2025
Close

$144.5

Open

$144.8

High

$145

Low

$144

Description

The recent bearish trend suggests a potential continuation. The RSI indicates oversold conditions, but a slight rebound is possible. MACD shows a bearish crossover, and the price is near support levels, indicating a cautious outlook.

Analysis

Over the past 3 months, USDJPY has shown a bearish trend with significant support around 144. The MACD and RSI indicate bearish momentum, while volume has been low, suggesting a lack of strong conviction. Recent candlestick patterns show indecision, and macroeconomic factors may influence future movements.

Confidence Level

7/10

Potential Risks

Market volatility and external news could impact the prediction. A sudden bullish sentiment could reverse the trend.

1 Week Prediction

Target: May 13, 2025
Close

$143.8

Open

$144.2

High

$144.5

Low

$143

Description

The bearish trend is expected to persist, with potential for a slight recovery. The Bollinger Bands indicate a squeeze, suggesting upcoming volatility. However, the overall sentiment remains bearish, with resistance at 145.

Analysis

The stock has been in a downtrend, with key support at 143. The MACD is bearish, and the RSI is approaching oversold territory. Volume has been low, indicating weak buying interest. The market sentiment is cautious, and external factors could influence the price direction.

Confidence Level

6/10

Potential Risks

Unforeseen economic data releases or geopolitical events could lead to unexpected price movements.

1 Month Prediction

Target: June 5, 2025
Close

$142

Open

$143.5

High

$143

Low

$141.5

Description

Continued bearish pressure is anticipated, with potential for further declines. The Fibonacci retracement levels suggest support around 142. The market sentiment remains weak, and external factors could exacerbate the downward trend.

Analysis

The overall trend has been bearish, with significant resistance at 145. The MACD and RSI indicate continued bearish momentum. Volume patterns show low activity, suggesting a lack of strong buying interest. External economic factors may further influence the price.

Confidence Level

5/10

Potential Risks

Economic indicators and central bank policies could shift market sentiment unexpectedly.

3 Months Prediction

Target: August 5, 2025
Close

$140

Open

$141.5

High

$141

Low

$139

Description

A bearish outlook is expected to continue, with potential for further declines. The market sentiment is weak, and macroeconomic factors may lead to increased volatility. Support levels around 140 are critical.

Analysis

The stock has been in a consistent downtrend, with key support at 140. The MACD and RSI indicate bearish momentum, and volume patterns suggest weak buying interest. External economic factors and market sentiment will play a crucial role in future price movements.

Confidence Level

4/10

Potential Risks

Market conditions could change rapidly due to economic data releases or geopolitical events.