The USD/JPY currency pair is ending the trading week with a strong rise near the 157.69 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 to continue the decline and a test of the support level near the 153.75 area. This should be followed by an upward rebound and continued growth above 163.65.
USDJPY Weekly Forecast February 23 – 27, 2026
An additional signal in favor of the USD/JPY pair’s growth this trading week will be a rebound from the trend line on the relative strength indicator. The second signal will be a rebound from the lower boundary of the bullish channel; it’s worth noting that the upper boundary of the Triangle pattern is also located here. A decline and a breakout of the 148.65 area will cancel out the USD/JPY uptrend during the current trading week (February 23-27, 2026). This would indicate a breakout of the support area and a continued decline in the Forex pair below 146.05. A breakout of the resistance area and a price close above 158.05 would confirm a rise in the USD/JPY pair.
USDJPY Weekly Forecast February 23 – 27, 2026 suggests an attempt at a bearish correction and a test of support near 153.75. From there, we should expect the pair to continue rising above 163.65. A test of the trendline on the relative strength indicator (RSI) would be an additional signal of upside. A decline and a break of 148.65 would invalidate the pair’s upward trend. This would indicate continued decline, with a potential target below 146.05.
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