The USD/JPY currency pair is ending the trading week with a decline near the 156.22 area. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, indicating pressure from US dollar buyers and potential continued growth from current levels. Currently, we expect an attempt to continue the upward movement and a test of the resistance level near 157.55. This should be followed by a downward rebound and a continued decline below 146.75.
USDJPY Weekly Forecast September 7 – 11, 2026
An additional signal for a decline in the USD/JPY pair this trading week will be a rebound from the resistance line on the relative strength indicator. The second signal will be a rebound from the upper boundary of the Head and Shoulders reversal pattern. A decline and a breakout of the 161.25 area would cancel out the USD/JPY uptrend during the current trading week (September 7-11, 2026). This would indicate a breakout of the resistance area and a continued rise in the Forex market above 165.75. A decline in the USD/JPY pair would be confirmed by a breakout of the support area and a price close below 153.45, which would indicate a breakout of the lower boundary of the bullish channel.
USDJPY Weekly Forecast September 7 – 11, 2026 suggests an attempt to develop a bullish correction and a test of the resistance level near 157.55. From there, a continued decline to below 146.75 is expected. An additional signal supporting a decline would be a test of the trend line on the relative strength indicator. A strong rally and a breakout of 161.25 would cancel out the pair’s downward trend. This would indicate continued upward movement with a potential target above 165.75.
