The USD/JPY currency pair continues to move within a growing and bullish channel. At the time of publication of this forecast, the US Dollar to Japanese Yen exchange rate is 160.08. Moving averages indicate a short-term bullish trend for the pair. Prices have broken the area between the signal lines, indicating pressure from US Dollar buyers and potential for continued price growth from current levels. The Japanese Yen exchange rate forecast for September 1, 2026, anticipates an attempt at a bearish price correction and a test of the support area near 149.85. This will then lead to an upward price rebound and continued growth in the USD/JPY currency pair above 160.85.
USDJPY Forecast Japanese Yen for September 1, 2026
An additional signal in favor of the USD/JPY currency pair will be a test of the support line 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 159.45 will cancel out the upward trend in the USD/JPY currency pair. This will indicate a breakout of the support area and a continued decline in the USD/JPY currency pair. In this case, we should expect a continued decline below 157.65. Confirmation of the price increase should be expected with a breakout of the resistance level and a consolidation above 160.65.
USDJPY Forecast Japanese Yen for September 1, 2026 suggests an attempt at a bearish correction with a test of the support zone near 149.85. Then, the bullish momentum in quotes will continue to develop above 160.85. A test of the trendline on the relative strength indicator (RSI) will support the pair’s upside. A decline in quotes and a breakout of 159.45 will cancel out the upward trend. This will indicate a breakout of the support level and continued decline in the pair, with a potential target below 157.65.
