Greetings Traders, Today we bring you the latest USDJPY Forecast and Trading Signal. Let’s move on to the analysis.

📉 USDJPY Forecast Today – Political Uncertainty Pressures the Yen

In today’s USDJPY forecast, significant political developments in Japan have added volatility to the market. Japan’s Prime Minister Ishiba has announced his resignation, citing responsibility for a recent election defeat. This resignation adds a new layer of political uncertainty, which typically results in weakness in the Japanese yen, as investors seek more stable assets.

Despite this, USDJPY has been seen declining, moving along a well-defined downward trendline on the chart. Price action suggests that the pair is currently retesting this trendline from below, showing potential hesitation among buyers. Moreover, the 50-period moving average (MA) is acting as a dynamic resistance, reinforcing the current bearish pressure.

🔍 USDJPY Forecast Technical Outlook

From a technical standpoint, the USDJPY pair is trading between two key zones: resistance at 146.60 and support at 146.30. A breakout in either direction will likely dictate the pair’s next move.

• ✅ If the price breaks above 146.60, we could expect a short-term bullish move toward 147.10.
• ✅ On the flip side, if the price drops below 146.30, it may accelerate the decline down to 145.80.

This dual-scenario setup presents an excellent opportunity for range or breakout traders, depending on how the market reacts to this geopolitical shift and technical structure.

📌 USDJPY Forecast Trade Idea

• 🔼 Buy USDJPY if price breaks and consolidates above 146.60
  🎯 Target: 147.10
• 🔽 Sell USDJPY if price falls below 146.30
  🎯 Target: 145.80

The presence of both political pressure and technical resistance suggests that traders should remain cautious and wait for a clear confirmation before taking action. Watching volume and price momentum near the breakout zones can also improve trade accuracy.

🗨️ USDJPY Forecast Conclusion

The USDJPY forecast today highlights a sensitive situation fueled by Japanese political instability and technical resistance levels. Traders are advised to monitor these key zones closely for a confirmed breakout. As always, proper risk management is essential.

👇 What’s your take on the current USDJPY move?
💬 Share your views in the comments!
👍 Hit like if you think it’s bullish. ❤️ Click if you’re bearish!