The quotes for the Dollar Yen USD/JPY currency pair continue to move within the development of a bullish correction and the formation of the “Triangle” model. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 144.90. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area with signal lines downwards, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast for the Japanese Yen exchange rate for July 4, 2025, we should expect an attempt to develop an increase in quotes and a test of the resistance area near the level of 146.25. Then, a price rebound downwards and a continuation of the fall of the USD/JPY pair to the area below the level of 140.25.
USD/JPY Forecast Japanese Yen for July 4, 2025
An additional signal in favor of the fall of the USD/JPY currency pair will be a test of the resistance line on the relative strength indicator. The second signal will be a rebound from the lower border of the bullish channel. The cancellation of the fall option of the Dollar/Yen currency pair will be strong growth and a breakout of the 148.15 level. This will indicate a breakout of the resistance area and a continuation of the rise of the Dollar/Yen currency pair. In this case, we should expect the pair to continue growing to the area above the 149.95 level. We should expect confirmation of the price fall with a breakout of the support level and the price consolidation below the 141.35 level, which will indicate a breakout of the lower border of the “Triangle” pattern and the beginning of the implementation of the pattern with targets below.
USD/JPY Forecast Japanese Yen for July 4, 2025 suggests an attempt to develop a bullish correction with a test of the resistance zone near the level of 146.25. Then, the continuation of the development of the bearish impulse of quotes to the area below the 140.25 mark. A test of the trend line on the relative strength indicator will be in favor of the decline of the pair. A strong growth of quotes and a breakout of the 148.15 area will cancel the fall option. This will indicate a breakout of the resistance level and continued growth of the pair with a potential target above the level of 149.95.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
