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 154.09. 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 October 31, 2025, anticipates an attempt at a correction and a test of the support area near 153.65. Next, a price rebound upward and continued growth of the USD/JPY pair to above 155.75.
USD/JPY Forecast Japanese Yen for October 31, 2025
An additional signal in favor of 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 152.35 will cancel out the upward trend of the USD/JPY pair. This will indicate a breakout of the support area and continued decline of the USD/JPY pair. In this case, we should expect a continued decline below 148.05. Confirmation of the price increase should be expected with a breakout of the resistance level and a consolidation above 154.75.
USD/JPY Forecast Japanese Yen for October 31, 2025 suggests an attempt at a bearish correction with a test of the support zone near 153.65. This should then lead to continued bullish momentum in quotes above 155.75. A test of the trendline on the relative strength indicator (RSI) would support the pair’s upside. A decline in quotes and a breakout of 152.35 would cancel out the upward trend. This would indicate a breakout of the support level and a continued decline in the pair with a potential target below 148.05.
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