The USD/JPY currency pair is ending the trading week with gains within a bullish channel near 154.58. Moving averages indicate a bullish trend. Prices have broken above the signal lines, indicating upward pressure from US dollar buyers and potential continued growth from current levels. Currently, we expect an attempt at a bearish price correction and a test of support near 152.65. This should be followed by an upward rebound and continued growth above 163.85.
USD/JPY Weekly Forecast November 17 – 21, 2025
An additional signal in favor of growth for the USD/JPY pair this trading week will be a test of the bullish trend line on the relative strength indicator. The second signal will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of the 148.25 area would cancel out the USD/JPY uptrend during the current trading week (November 17-21, 2025). This would indicate a breakout of the support area and a continuation of the pair’s decline on Forex below 144.75. A breakout of the resistance area and a price close above 156.65 would confirm an uptrend in the USD/JPY pair, indicating a breakout of the upper boundary of the descending channel.
USD/JPY Weekly Forecast November 17 – 21, 2025 suggests an attempt to develop a bearish correction and a test of the support level near 152.65. From here, we can expect the pair to continue rising above 163.85. A test of the trendline on the relative strength indicator (RSI) would be an additional signal in favor of an upside move. A decline and a break of 148.25 would invalidate the pair’s upward trend. This would indicate continued decline with a potential target below 144.75.
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