The USD/JPY currency pair is ending the trading week with a strong rise within a bullish channel near the 152.73 area. Moving averages indicate a bearish 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 the support level near the 149.45 area. This should then lead to an upward rebound and continued growth above the 158.75 level.
USD/JPY Weekly Forecast October 13 – 17, 2025
An additional signal for the USD/JPY pair to rise this trading week will be a test of the bullish trendline on the relative strength indicator. A second signal will be a rebound from the upper boundary of the descending channel. A decline and breakout of the 145.05 area would cancel out the USD/JPY upside during the current trading week (October 13-17, 2025). This would indicate a breakout of the support area and a continuation of the pair’s decline on Forex below 142.45. A breakout of the resistance area and a price close above 155.85 would confirm an upside for the USD/JPY pair, indicating a breakout of the upper boundary of the descending channel.
USDJPY Weekly Forecast October 13 – 17, 2025 suggests an attempt at a bearish correction and a test of support near 149.45. From there, we should expect the pair to continue rising above 158.75. A test of the trendline on the relative strength indicator (RSI) would be an additional signal of upside. A decline and a break of 145.05 would invalidate the pair’s upward trend. This would indicate continued decline with a potential target below 142.45.
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