The USD/JPY currency pair continues to move within a growing trend and a bullish channel. At the time of publication of this forecast, the US Dollar to Japanese Yen exchange rate is 158.94. Moving averages indicate a short-term bullish trend for the pair. Prices have broken above the area between the signal lines, indicating upward pressure from US Dollar buyers and potential continued price growth from current levels. The Japanese Yen exchange rate forecast for March 18, 2026, anticipates an attempt at further growth and a test of the resistance area near 158.15. Next, a price rebound upward and continued growth in the USD/JPY pair to above 161.45.
USD/JPY Forecast Japanese Yen for March 18, 2026
An additional signal in favor of a rise in the USD/JPY currency pair will be a test of the support line on the relative strength indicator. A second signal will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of 157.15 will cancel the upward trend in the USD/JPY currency pair. This will indicate a breakout of the support area and continued decline in the USD/JPY currency pair. In this case, we should expect a continued decline below 155.05. Confirmation of the price increase should be expected with a breakout of the resistance level and a consolidation above 159.65.
USD/JPY Forecast Japanese Yen for March 18, 2026 suggests an attempt to develop a bullish correction with a test of the support zone near 158.15. Then, the bullish momentum in quotes will continue to develop above 161.45. A test of the trendline on the relative strength indicator (RSI) will support the pair’s growth. A decline in quotes and a breakout of 157.15 will cancel out the upward trend. This will indicate a breakout of the support level and a continued decline in the pair, with a potential target below 155.05.
