The USD/JPY currency pair is ending the trading week with a strong rise near the 158.30 area. Moving averages indicate a bullish trend. Prices have broken above the signal lines, indicating upward pressure from US dollar buyers and potential continued price growth from current levels. Currently, we should expect an attempt at a price correction and a test of the support level near the 155.95 area. This should then lead to an upward rebound and continued growth above the 166.45 level.
USD/JPY Weekly Forecast May 18 – 22, 2026
An additional signal favoring the USD/JPY pair’s growth this trading week will be a rebound from the ascending trendline on the relative strength indicator. A second signal will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of the 152.65 area would cancel out the USD/JPY uptrend this trading week (May 18-22, 2026). This would indicate a breakout of the support area and a continuation of the pair’s decline on the Forex market below 150.05. A breakout of the resistance area and a price close above 162.75 would confirm the USD/JPY pair’s growth.
USD/JPY Weekly Forecast May 18 – 22, 2026 suggests an attempt at a bearish correction and a test of support near 155.95. From there, we should expect the pair to continue rising above 166.45. A test of the trendline on the relative strength indicator (RSI) would be an additional signal of growth. A decline and a break of 152.65 would cancel out the upside scenario. This would indicate continued decline with a potential target below 150.05.
