USDJPYX Trading Predictions

USDJPYX trading chart for 2025-06-05

1 Day Prediction

Target: June 7, 2025
Close

$143.8

Open

$143.8

High

$144.2

Low

$143.2

Description

The market shows a slight bearish trend with recent lower closes. RSI indicates oversold conditions, suggesting a potential bounce. However, MACD is bearish, indicating downward momentum. Expect a close around 143.800.

Analysis

The past 3 months show a bearish trend with significant support around 143. The recent price action indicates a struggle to maintain higher levels, with MACD and RSI suggesting potential downward pressure. Volume has been low, indicating lack of conviction.

Confidence Level

7/10

Potential Risks

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

1 Week Prediction

Target: June 14, 2025
Close

$144.2

Open

$144

High

$145.5

Low

$143

Description

Expect a slight recovery as the market may find support at 143. The RSI is approaching neutral, indicating potential for upward movement. However, MACD remains bearish, suggesting caution.

Analysis

The stock has been in a bearish phase, with key support at 143. Recent price action shows a potential for a short-term bounce. However, the overall sentiment remains cautious, with MACD indicating bearish momentum.

Confidence Level

6/10

Potential Risks

Unforeseen macroeconomic events could lead to volatility. The bearish trend may continue if support levels fail.

1 Month Prediction

Target: July 6, 2025
Close

$145.5

Open

$145

High

$146.5

Low

$144

Description

A potential recovery could occur as the market stabilizes. The RSI may indicate a shift towards bullish territory, but MACD remains a concern. Watch for resistance at 146.500.

Analysis

The stock has shown signs of stabilization, but the overall trend remains bearish. Key resistance levels are evident, and while a recovery is possible, the market sentiment is still cautious.

Confidence Level

5/10

Potential Risks

Market sentiment can shift quickly, and external factors may influence price action. A bearish trend could resume if resistance levels hold.

3 Months Prediction

Target: September 6, 2025
Close

$147

Open

$146.5

High

$148.5

Low

$145

Description

Longer-term outlook suggests a gradual recovery as market sentiment improves. However, macroeconomic factors could still pose risks. Watch for key resistance at 148.500.

Analysis

The stock has been in a bearish trend, but signs of recovery are emerging. Key resistance levels will be critical in determining future price action. The market remains sensitive to external influences.

Confidence Level

4/10

Potential Risks

Economic indicators and geopolitical events could significantly impact the market. The bearish trend may resume if key levels are not broken.