The USD/JPY currency pair continues to move within a developing correction and a bullish channel. At the time of publication of this forecast, the US Dollar to Japanese Yen exchange rate is 153.46. Moving averages indicate a short-term bullish trend for the pair. Prices have broken above 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 November 7, 2025, anticipates an attempt to develop a correction and test the support area near 152.65. Subsequently, a price rebound upward and continued growth of the USD/JPY pair to above 156.65.
USD/JPY Forecast Japanese Yen for November 7, 2025
An additional signal supporting the USD/JPY pair’s growth will be a test of the support line on the relative strength indicator. A rebound from the lower boundary of the bullish channel will serve as a second signal. A decline and a breakout of 151.35 will cancel out the upside potential for the USD/JPY pair. This will indicate a breakout of the support area and a continued decline in the USD/JPY pair. In this case, we should expect the pair to continue its decline below 148.45. Confirmation of the price increase should be expected with a breakout of the resistance level and a consolidation above 155.45.
USD/JPY Forecast Japanese Yen for November 7, 2025 suggests an attempt at a bearish correction with a test of the support zone near 152.65. Then, the bullish momentum in quotes will continue to develop above 156.65. 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 151.35 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 148.45.
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