The USD/JPY currency pair finished the trading week with a decline near the 155.98 area. Moving averages indicate the presence of a bullish trend. The price broke above the area between the signal lines, signaling buying pressure from US Dollar buyers and the potential continuation of growth from current levels. At this stage, further upward movement is expected with a test of the resistance area near 156.65. After that, a rebound downward is likely, followed by continued decline toward levels below 148.65.
USD/JPY Weekly Forecast March 2 – 6, 2026
An additional signal in favor of the decline will be a rebound from the descending trend line on the RSI indicator. The second signal will be a rebound from the lower boundary of the bullish channel, which was previously broken downward by sellers. The bearish scenario will be canceled by strong growth and a breakout above 158.05. This would indicate a breakout of resistance and continued growth on the Forex market toward levels above 160.05. Confirmation of the decline will come from a breakout of the support area and a close below 154.05.
USD/JPY Weekly Forecast March 2 – 6, 2026 suggests a bullish correction toward 156.65, followed by continued decline below 148.65. A breakout above 158.05 would cancel the bearish scenario and open the way for growth above 160.05.
