USDJPYX Trading Predictions

USDJPYX trading chart for 2025-06-09

1 Day Prediction

Target: June 11, 2025
Close

$144.8

Open

$144.7

High

$145.2

Low

$144.5

Description

The recent price action shows a slight bearish trend with a potential reversal. The RSI is approaching oversold levels, indicating a possible bounce. However, the MACD shows a bearish crossover, suggesting caution. Volatility remains moderate.

Analysis

Over the past 3 months, USDJPY has shown a bearish trend with significant support around 143.00. The recent price movements indicate a struggle to maintain higher levels, with the 50-day moving average acting as resistance. Volume has been low, indicating a lack of strong conviction in the current trend.

Confidence Level

7/10

Potential Risks

Market sentiment could shift rapidly due to macroeconomic news or geopolitical events, which may impact the prediction.

1 Week Prediction

Target: June 18, 2025
Close

$145.2

Open

$144.8

High

$146

Low

$144

Description

Expect a slight recovery as the market may react positively to upcoming economic data. The Bollinger Bands suggest a potential breakout, while the RSI indicates a recovery from oversold conditions. However, caution is advised due to recent bearish momentum.

Analysis

The USDJPY has been in a bearish phase, with resistance at 146.00. The recent price action shows a potential for a short-term bounce, but overall sentiment remains cautious. The MACD indicates bearish momentum, and volume patterns suggest indecision among traders.

Confidence Level

6/10

Potential Risks

Economic data releases could lead to volatility, and if the bearish trend continues, the prediction may not hold.

1 Month Prediction

Target: July 10, 2025
Close

$146.5

Open

$145.2

High

$147.5

Low

$144.5

Description

A gradual recovery is anticipated as the market digests recent economic data. The Fibonacci retracement levels suggest potential support at 144.00, while the RSI may stabilize. However, external factors could still influence the trend.

Analysis

The past three months have shown a bearish trend with significant support at 143.00. The market is currently at a critical juncture, with potential for a rebound if economic indicators improve. However, the overall sentiment remains cautious, and volatility is expected.

Confidence Level

5/10

Potential Risks

Unforeseen economic events or shifts in market sentiment could derail the recovery, leading to further declines.

3 Months Prediction

Target: September 10, 2025
Close

$148

Open

$146.5

High

$149

Low

$145

Description

Long-term recovery is expected as economic conditions stabilize. The market may react positively to fiscal policies, and the RSI could indicate a bullish divergence. However, geopolitical tensions could pose risks.

Analysis

The USDJPY has faced significant bearish pressure, but there are signs of potential recovery. Key resistance levels are around 149.00, and the market sentiment may shift positively if economic indicators improve. However, external factors remain a significant risk.

Confidence Level

4/10

Potential Risks

Long-term predictions are inherently uncertain, especially with potential geopolitical risks and economic shifts that could impact the USDJPY.