The USD/JPY currency pair continues to move as part of a downward trend and the formation of a bullish “Wolfe Wave” pattern. At the time of publication of this forecast, the US Dollar to Japanese Yen exchange rate is 146.31. Moving averages indicate a short-term bearish trend for the pair. Prices have broken below the signal lines, indicating downward pressure from US Dollar sellers and potential further price declines from current levels. The Japanese Yen exchange rate forecast for September 18, 2025, anticipates an attempt to continue the decline and a test of the support area near 145.65. Next, a price rebound upward and continued growth of the USD/JPY pair to above 148.25.
USD/JPY Forecast Japanese Yen for September 18, 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 Wolfe Wave pattern. A decline and a breakout of 145.05 will cancel out the upward trend for 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 the pair to continue to decline below 143.65. Confirmation of the price increase should be expected with a breakout of the resistance level and a consolidation above 147.25, which will indicate a breakout of the upper boundary of the bullish Wolfe Wave pattern.
USD/JPY Forecast Japanese Yen for September 18, 2025 suggests an attempt at a bearish correction with a test of the support zone near 145.65. Then, the bullish momentum in quotes will continue to develop above 148.25. 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 145.05 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 143.65.
