The USD/JPY currency pair is ending the trading week with gains near the 163.80 area. Moving averages indicate a bullish trend. Prices have broken above the signal lines, indicating upward pressure from US dollar buyers and potential further price growth from current levels. Currently, we expect an attempt to continue the upward movement and a test of the resistance level near the 163.15 area. This should be followed by an upward rebound and continued growth above the 170.25 level.
USD/JPY Weekly Forecast July 27 – 31, 2026
An additional signal in favor of a rise in the Dollar/Jpy pair this trading week will be a rebound from the support line on the relative strength indicator. The second signal will be a rebound from the upper boundary of the bullish channel. A decline and a breakout of the 161.25 area would cancel out the USD/JPY uptrend during the current trading week (July 27-31, 2026). This would indicate a breakout of the support area and a continued decline in the Forex pair below 157.45. A breakout of the resistance area and a price close above 164.45 would confirm the USD/JPY uptrend.
USDJPY Weekly Forecast July 27 – 31, 2026 suggests an attempt at a bearish correction and a test of the support level near 163.15. From there, we should expect the pair to continue rising above 170.25. An additional signal in favor of an uptrend would be a test of the trend line on the relative strength indicator. The pair’s upward trend would be cancelled if it falls and breaks below 161.25. This would indicate continued decline with a potential target below 157.45.
