USDJPYX Trading Predictions

USDJPYX trading chart for 2025-06-12

1 Day Prediction

Target: June 14, 2025
Close

$143.5

Open

$143.6

High

$144

Low

$143.2

Description

The market shows bearish momentum with a recent downtrend. RSI indicates oversold conditions, suggesting a potential bounce. However, MACD is bearish, and the price is near support levels, indicating possible volatility.

Analysis

The past 3 months show a bearish trend with significant support around 143. The RSI is nearing oversold territory, while MACD indicates bearish momentum. Volume has been low, suggesting a lack of strong conviction in price movements.

Confidence Level

7/10

Potential Risks

Market sentiment could shift due to external news or economic data releases, impacting the prediction.

1 Week Prediction

Target: June 21, 2025
Close

$144

Open

$143.8

High

$144.5

Low

$143.5

Description

A slight recovery is expected as the market may react to oversold conditions. However, resistance at 144.50 could limit upward movement. Watch for volume spikes that could indicate stronger trends.

Analysis

The stock has been in a bearish phase, with recent lows around 143. The MACD shows a potential crossover, indicating a possible reversal. However, resistance at 144.50 remains a concern, and volume patterns suggest indecision.

Confidence Level

6/10

Potential Risks

Potential for reversal exists if bearish sentiment continues or if macroeconomic factors negatively impact the market.

1 Month Prediction

Target: July 14, 2025
Close

$145.5

Open

$144.8

High

$146

Low

$144

Description

Expect a gradual recovery as bullish sentiment may build. The price could test resistance levels around 146.00, supported by potential positive economic data. Watch for volume increases as confirmation.

Analysis

The stock has shown signs of stabilization after a bearish trend. Key resistance at 146.00 is critical, while support remains at 143. The RSI is improving, and MACD may indicate a bullish crossover, suggesting potential upward movement.

Confidence Level

8/10

Potential Risks

Economic indicators and geopolitical events could disrupt the expected recovery, leading to volatility.

3 Months Prediction

Target: September 14, 2025
Close

$147.5

Open

$146.5

High

$148

Low

$145

Description

Long-term outlook suggests a bullish trend as economic recovery may support the currency pair. However, resistance at 148.00 could pose challenges. Monitor for macroeconomic developments.

Analysis

The overall trend appears to be shifting towards bullish, with key resistance at 148.00. The MACD is showing signs of a bullish crossover, and the RSI is improving. However, external factors could still influence price movements.

Confidence Level

7/10

Potential Risks

Unforeseen economic events or shifts in market sentiment could lead to volatility and impact the prediction.