USD/JPY - Analysis, Outlook and Forecasts

USD/JPY (US Dollar - Japanese Yen) outlook and forecast is presented by the team of ForexAbode's in-house analysts and is followed by the traders around the world. The outlook takes into account the various factors which can affect the future price-action of USD/JPY. The factors to analyze the outlook are geo-political news, fundamentals including major economic releases and technical factors but most importantly we focus on the price-action analysis.


The outlook reflects our views for short-term to mid-term movement. However, sometimes the analysis takes into account the price-data which may span many years for longer-term views. This is also supported by our very popular chart alerts.


The weekly analysis includes the predictions for the next week's expected moves for the US dollar and Japanese yen. However, the forecast is not only limited to the coming week but is applicable for the overall expectations for the near-term. Apart from the weekly forecasts, we also update USD/JPY daily technical analysis, which presents our views about the price-action from short-term perspective.


You may also like to check the following resources for trading USD/JPY:



USD/JPY Weekly Outlook - May 11, 2014 

Written By : || 2014-05-10 20:13:46 GMT

USD/JPY tried to break over 102.72 but failed miserably at 103.01 and fell sharply to 101.43 before closing for the week at 101.84.  The overall outlook stays neutral for USD/JPY. The pair has been in a volatile sideways mode for past 15 weeks. This range is between 100.75 to 104.13. 75 pips above the psychological level of 100 and 87 pips below the psychological 105.00 level.

USD/JPY Weekly Outlook - April 13, 2014 

Written By : || 2014-04-13 00:00:00 GMT

USD/JPY saw a continuous fall during the last week after failing at 104.13. The pair touched the low of 101.32 before closing for the week at 101.61. The previous rise beyond the previous high of 103.76 had started bringing in some bullish sentiments for the near-term but the strong fall indicated that the psychological resistance of 105 is rather strong.

Short-term bearish shadows for USD/JPY

Written By : forexabode || 2014-04-10 11:09:44 GMT

We had mentioned on March 15th that we would expect some volatile side ways moves between 100.00 and 105.00 for USD/JPY. The pair is moving that way.

Will USD/JPY break the support pattern?

Written By : himanshu || 2014-03-15 03:04:39 GMT

USD/JPY's fall from 103.76 suggested that the previous support zone had turned into resistance. This fact had brought in the first wave of bearish sentiments and those got stronger when the pair failed the resistance zone which remained in place during February 5th to February 26th.

USD/JPY Weekly Outlook - Mar 15, 2014 

Written By : || 2014-03-15 00:00:00 GMT

USD/JPY Weekly Outlook And Predictions USD/JPY fell sharply from 103.76 to go as low as 101.20 before closing for the week at 101.36.   The strong fall has brought bearish sentiments into the picture and indicate a near-term topping. The bearish outlook gets its strength as the resistance at 103.76 suggested that support zone of December 19, 2013 to January 21, 2014 has now turned into resistance.

USD/JPY Fundamentals and Economic Strength Meter - Feb 16, 2014

Written By : || 2014-02-16 00:00:00 GMT

The USD/JPY fundamentals are updated weekly. It is one of the basis for the USD/JPY weekly outlook. This is mainly derived from the recent major economic releases and news. The USD/JPY economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from the U.S. and Japan, which may affect the relative strength of U.S.

USD/JPY Daily Analysis - Feb 11, 2014

Written By : || 2014-02-11 00:00:00 GMT

USD/JPY Daily and Hourly Charts USD/JPY Hourly Chart       USD/JPY Daily Chart       The Forex technical analysis for USD/JPY is updated daily.

USD/JPY Weekly Outlook - Feb 09, 2014

Written By : || 2014-02-09 00:00:00 GMT

USD/JPY Weekly Outlook And Predictions USD/JPY recovered strongly after some uncertain moves which were continuously testing the support in the range of 100.75 to 100.80. The pair moved as high as 102.58 before closing for the week at 102.37.   The recent support was a natural support because of the psychological aspects of approaching 100.00 level.

What USD/JPY is waiting for to decide the near-term direction?

Written By : forexabode || 2014-02-06 05:09:37 GMT

USD/JPY's fall into the psychological support ranges of 100.00 has seen three strong supports so far. The first one was at 100.77, the second at 100.75 and the third at 100.80. Let's have a look on the fundamentals and the price-action patterns to see what can be expected from the pair. Fundamentals Last week's economic releases clearly favored Japanese yen's strength. This week has been again going against the U.S.

USD/JPY Weekly Outlook - Feb 02, 2014

Written By : || 2014-02-02 00:00:00 GMT

USD/JPY had tried to recover from the low of 101.76. The recovery failed at 103.44 and the subsequent fall took the pair to 101.84. Another recovery was witnessed but that failed at 102.93 to take USD/JPY to 101.95 before the weekly closing at 102.01.   The recent price-action is clearly indicating a short-term bearish pressure for consolidation.

Interest Rate difference of USD and JPY

USD to JPY Interest Rates Comparison
(For Carry Trades)
US Dollar (USD) interest rate
Japanese Yen (JPY) interest rate
USD/JPY interest rate comparison

Overall price-action trend of USD/JPY

Please refer the following monthly chart of 12-year historical price-action to check the overall USD/JPY trend.

Monthly chart of EUR/USD, indicating the overall trend.


Main observations for USD/JPY historical price-action and outlook for the near future

  • USD/JPY has been in an overall downtrend for past 12 years.
  • The recent high has been 105.44 during the end of December 2013. Since then the pair has stuck between the psychological levels of 100 and 105.
  • The resistance of 105 also brings in the additional resistances of 50% retracement of the fall from 135.14 to 75.36 at 105.25 and 61.8% retracement of the fall from 124.16 to 75.36.
  • The price action has been nearer to 100 than 105 and this fact needs cautious approach for long-positions. However, a decisive break over 105.80 should target 108.00 next.

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