Market Technical Analysis by RoboForex

[RBFX Support]

USDJPY forms a corrective wave: the market awaits determination from the BoJ

Amid economic data from Japan, the USDJPY rate may form a downward wave towards the 149.30 area before resuming growth. Find out more in our analysis for 26 September 2025.

USDJPY technical analysis

On the H4 chart, the USDJPY pair tested the upper Bollinger Band and formed a Shooting Star reversal pattern while trading around 149.70. At this stage, it may continue its corrective wave following the signal from the pattern. The USDJPY rate broke above the upper boundary of the ascending channel, suggesting that there are solid chances for a pullback to the broken level near 149.30.

Japan’s economic instability is making its mark; against this backdrop, USDJPY technical analysis suggests a correction towards the 149.30 support level before resuming growth.

Read more - USDJPY Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team