The quotes of the Dollar Yen USD/JPY currency pair continue to move within the framework of the fall and have left the bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 146.74. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area with signal lines downwards, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast of the Japanese Yen exchange rate for September 2, 2025, we should expect an attempt to continue the decline in quotes and a test of the support area near the level of 147.15. Next, the price will bounce up and the USD/JPY pair will continue to grow to the area above 150.85.
USD/JPY Forecast Japanese Yen for September 2, 2025
An additional signal in favor of the fall of the USD/JPY currency pair will be a test of the support line on the relative strength indicator. The second signal will be a rebound from the lower border of the bullish channel. The cancellation of the growth option for the Dollar/Yen currency pair will be a fall and a breakout of the 146.05 level. This will indicate a breakout of the support area and a continuation of the fall of the Dollar/Yen currency pair. In this case, we should expect a continuation of the decline of the pair to the area below 144.75. We should expect confirmation of the price growth with a breakout of the resistance level and a price consolidation above 148.45.
USD/JPY Forecast Japanese Yen for September 2, 2025 suggests an attempt to develop a bearish correction with a test of the support zone near the level of 147.15. Then, the continuation of the development of the bullish impulse of quotes to the area above the 150.85 mark. The test of the trend line on the relative strength indicator will be in favor of the growth of the pair. The cancellation of the growth option will be a drop in quotes and a breakout of the 146.05 area. This will indicate a breakout of the support level and a continuation of the fall of the pair with a potential target below the level of 144.75.
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