The USD/JPY currency pair is ending the trading week with a correction near the 159.59 area. 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 price correction and a test of the support level near the 155.75 area. This should be followed by an upward rebound and continued growth above 165.35.
USDJPY Weekly Forecast April 6 – 10, 2026
An additional signal in favor of a rise in the Dollar/Jpy pair this trading week will be a rebound from 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 154.25 area will cancel out the USD/JPY uptrend during the current trading week (April 6-10, 2026). This would indicate a breakout of the support area and a continued decline in the Forex pair below 151.05. A breakout of the resistance area and a price close above 162.55 would confirm a rise in the USD/JPY pair.
USDJPY Weekly Forecast April 6 – 10, 2026 suggests an attempt at a bearish correction and a test of the support level near 155.75. From there, we should expect continued growth above 165.35. An additional signal in favor of growth would be a test of the trend line on the relative strength indicator. The pair’s upward trend would be cancelled if it falls and breaks below 154.25. This would indicate continued decline with a potential target below 151.05.
