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 150.22. Moving averages indicate a short-term bullish trend for the pair. Prices have broken above the signal line area, indicating upward pressure from US Dollar buyers and potential for continued price growth from current levels. The Japanese Yen exchange rate forecast for October 7, 2025, anticipates an attempt to continue the decline and a test of the support area near 149.65. Next, a price rebound upward and continued growth in the USD/JPY pair to above 151.85.
USD/JPY Forecast Japanese Yen for October 7, 2025
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 148.95 will cancel the upward trend in the USD/JPY pair. This will indicate a breakout of the support area and continued decline in the USD/JPY pair. In this case, we should expect a continued decline below 146.85. Confirmation of the price increase should be expected with a breakout of the resistance level and a consolidation above 150.65.
USD/JPY Forecast Japanese Yen for October 7, 2025 suggests an attempt at a bearish correction with a test of the support zone near 149.65. Then, the bullish momentum in quotes will continue to develop above 151.85. A test of the trendline on the relative strength indicator (RSI) will support the pair’s upside. A decline in quotes and a breakout of 148.95 will cancel out the upward trend. This will indicate a breakout of the support level and continued decline in the pair, with a potential target below 146.85.
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