The USD/JPY currency pair is ending the trading week with a bullish correction within a downward channel near the 147.35 area. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from US dollar sellers and a potential continuation of the decline from current levels. Now, we should expect an attempt at a bullish price correction and a test of the resistance level near the 147.85 area. Then, a rebound downwards and a continuation of the pair’s decline to the area below the 135.45 level.
USD/JPY Weekly Forecast July 14 — 18, 2025
An additional signal in favor of a decline in the dollar-yen pair for the current trading week will be a test of the downward trend line on the relative strength indicator. The second signal will be a rebound from the upper border of the “Triangle” pattern. A strong rise and a breakout of the 150.45 area will cancel the decline of the USD/JPY pair in the current trading week of July 14 — 18, 2025. This scenario will indicate a breakout of the resistance area and a continuation of the pair’s growth on Forex to an area above the 153.85 level. Confirmation of the decline in the USD/JPY pair will be a breakout of the support area and the closing of the price below the level of 140.85, which will indicate a breakout of the lower border of the “Triangle” model and the beginning of the pattern’s implementation with targets below.
USD/JPY Weekly Forecast July 14 — 18, 2025 suggests an attempt at a bullish correction and a test of the resistance level near the 147.85 area. From there, we can expect the pair to continue falling to below the 135.45 level. An additional signal in favor of a decline will be a test of the trend line on the relative strength indicator. A strong rise and a breakout of the 150.45 level will cancel the decline scenario. This will indicate a continuation of the pair’s rise with a potential target above the 153.85 area.
