Market Fundamental Analysis by RoboForex

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USDJPY hits new lows: the yen returns to last year’s levels

The yen continues to strengthen, with the USDJPY pair falling to a seven-month low. The USDJPY rate currently stands at 153.47. 

USDJPY forecast: key takeaways

• Japan’s GDP data did not affect the USDJPY rate
• The likelihood of a Federal Reserve rate hike in September has risen to around 62%
• The market is awaiting the release of US inflation data on Friday

Fundamental analysis

Fundamental analysis for 9 September 2026 shows that Japan’s GDP data strengthens the fundamental case for further yen appreciation and puts pressure on the USDJPY pair. According to the released data, Japan’s economy grew by 0.4% quarter-on-quarter in Q2, compared to a forecast of 0.3%, although the pace of growth slowed slightly from the previous 0.5%.

This factor is negative for the USDJPY rate. Rising rates in Japan are gradually narrowing the significant yield gap between US and Japanese assets, which in previous years was one of the main drivers of the yen’s weakness.

RoboForex Market Analysis & Forex Forecasts

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

Edited Wednesday at 11:36 AM by RBFX Support

[RBFX Support]

JP 225 falls for the third consecutive session amid rising oil prices and bond yields

The JP 225 index is declining for the third consecutive trading session, driven by rising oil prices, higher US bond yields, and a stronger yen. The price currently stands at 64,683.

JP 225 forecast: key takeaways

• Rising oil prices are fuelling inflation risks and expectations of an imminent interest rate hike
• Additional pressure on Japanese stocks comes from higher US Treasury yields and the yen strengthening to a nearly seven-month high
• JP 225 forecast for 10 September 2026: 63,650

Fundamental analysis

The Nikkei 225 index is down by around 1% on Thursday, trading below 64,600 and marking its third consecutive session of declines. Rising oil prices are adding to pressure on the Japanese market, increasing inflation risks and supporting expectations of near-term monetary policy tightening.

Another negative factor is the weak performance of US stock indices. US Treasury yields rose after the US Treasury announced plans to buy back up to 6 billion USD of long-term debt. 

RoboForex Market Analysis & Forex Forecasts

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

Edited Thursday at 10:57 AM by RBFX Support

[RBFX Support]

US Tech rebounds from the lower boundary of the consolidation range

The US Tech is attempting to end a three-day losing streak, with the price currently at 29,279.

US Tech forecast: key takeaways

• Expectations for Federal Reserve rate cuts are being reassessed, increasing risks for the technology sector
• High oil prices are intensifying inflation risks, which could limit the Federal Reserve’s room to ease monetary policy

Fundamental analysis

The US Tech index is attempting to recover after declining for three consecutive trading sessions. The price has almost reached the key support level at 29,000 and is attempting to recoup yesterday’s losses. Pressure on the technology sector increased after US government bond yields rose and stronger-than-expected wholesale price data was released.

The primary driver of the previous session’s sell-off was an acceleration in the annual growth rate of the US Producer Price Index (PPI) to 5.4% in August.

RoboForex Market Analysis & Forex Forecasts

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

Edited Friday at 01:12 PM by RBFX Support

[RBFX Support]

BTCUSD continues to hold key support

BTCUSD is under pressure amid growing expectations of a Federal Reserve rate hike, with the price currently hovering at 77,842. 

BTCUSD forecast: key takeaways

• The likelihood of a Federal Reserve interest rate hike has risen to 86%
• Investors are reducing positions in risk assets amid changing expectations for US monetary policy
• BTCUSD forecast for 14 September 2026: 73,825

Fundamental analysis

The BTCUSD price is recovering after testing the key support level at 76,505 USD, although selling pressure persists. The main negative factor for the cryptocurrency market remains the shift in expectations regarding Federal Reserve monetary policy following the release of fresh US inflation data. 

Additional pressure on Bitcoin comes from outflows from US spot ETFs. From 8 to 11 September, the funds recorded combined net outflows of around 462.6 million USD, marking a notable reversal following strong inflows earlier in the month.

RoboForex Market Analysis & Forex Forecasts

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

Edited 59 minutes ago by RBFX Support