The USD/JPY currency pair is ending the trading week with a decline within a bullish channel near the 147.51 area. Moving averages indicate a bearish trend. Prices have broken below the signal lines, indicating downward pressure from US dollar sellers and a potential continuation of the decline from current levels. Currently, we should expect an attempt at a bullish price correction and a test of the resistance level near the 149.25 area. This should then lead to a downward rebound and a continued decline below the 141.65 level.
USD/JPY Weekly Forecast October 6 — 10, 2025
An additional signal for a decline in the USD/JPY pair this trading week will be a test of the bearish trendline on the relative strength indicator. A second signal will be a rebound from the upper boundary of the Triangle pattern. A strong rally and a breakout of the 151.75 area would cancel out the USD/JPY decline this trading week (October 6-10, 2025). This would indicate a breakout of the resistance area and continued growth in the Forex market above 153.65. A decline in the USD/JPY pair would be confirmed by a breakout of the support area and a price close below 145.05, which would indicate a breakout of the lower boundary of the Triangle pattern and the beginning of the pattern with targets below.
USD/JPY Weekly Forecast October 6 — 10, 2025 suggests an attempt at a bullish correction and a test of resistance near 149.25. From there, we should expect the pair to continue falling below 141.65. A test of the trendline on the relative strength indicator (RSI) would be an additional signal of decline. A strong rally and a breakout of 151.75 would cancel out the downside scenario. This would indicate continued upside with a potential target above 153.65.
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