empty
 
 
30.05.2022: Forex Analysis & Reviews: Trading plan for USDJPY on May 30, 2022
loader
Forex forecast 18/12/2025: EUR/USD, USD/JPY, GBP/USD, Oil, Gold and Bitcoin
2025-12-18 UTC+3
Forex forecast 17/12/2025: EUR/USD, USD/JPY, GBP/USD, USDX, Gold and Bitcoin
2025-12-17 UTC+3
Forex forecast 11/12/2025: EUR/USD, USD/JPY, GBP/USD, SP500, Oil, Gold and Bitcoin
2025-12-11 UTC+3
Forex forecast 10/12/2025: EUR/USD, USD/JPY, GBP/USD, USDX, Gold and Bitcoin
2025-12-10 UTC+3
Forex forecast 09/12/2025: EUR/USD, AUD/USD, USD/JPY, GBP/USD, SP500, Gold and Bitcoin
2025-12-09 UTC+3
Forex forecast 08/12/2025: EUR/USD, USD/JPY, GBP/USD, USDX, Gold and Bitcoin
2025-12-08 UTC+3
Forex forecast 05/12/2025: EUR/USD, USD/JPY, GBP/USD, SP500, Gold and Bitcoin
2025-12-05 UTC+3
Forex forecast 04/12/2025: EUR/USD, USD/JPY, GBP/USD, SP500, Gold and Bitcoin
2025-12-04 UTC+3
Forex forecast 03/12/2025: EUR/USD, USD/JPY, GBP/USD, USDX, Gold and Bitcoin
2025-12-03 UTC+3
Forex forecast 02/12/2025: EUR/USD, USD/JPY, GBP/USD, SP500, Oil, Gold and Bitcoin
2025-12-02 UTC+3
Forex forecast 01/12/2025: EUR/USD, USD/JPY, GBP/USD, SP500, Gold and Bitcoin
2025-12-01 UTC+3
Forex forecast 28/11/2025: EUR/USD, USD/JPY, GBP/USD, SP500, Gold and Bitcoin
2025-11-28 UTC+3
Forex forecast 27/11/2025: EUR/USD, USD/JPY, GBP/USD, Gold, SP500, INDU, NDX and Bitcoin
2025-11-27 UTC+3
Forex forecast 26/11/2025: EUR/USD, USD/JPY, GBP/USD, Gold and Bitcoin
2025-11-26 UTC+3
Forex forecast 25/11/2025: EUR/USD, USD/JPY, GBP/USD, SP500, Gold and Bitcoin
2025-11-25 UTC+3
Forex forecast 24/11/2025: EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF, Gold and Bitcoin
2025-11-24 UTC+3
Forex forecast 21/11/2025: EUR/USD, USD/JPY, GBP/USD, Gold, Oil, Ethereum and Bitcoin
2025-11-21 UTC+3
Forex forecast 20/11/2025: EUR/USD, USD/JPY, GBP/USD, SP500, USDX, Gold and Bitcoin
2025-11-20 UTC+3

analytics629459012ef94.jpg

Technical outlook:

USDJPY has been drifting sideways since May 24, after printing swing lows around 126.36. Contracting triangle consolidation seems to be complete around 126.86 during the Asian session on Monday. Bulls will be poised to regain control and push through the 129.40-50 zone in the next few trading sessions. A break above 127.35 will accelerate.

USDJPY dropped between 131.34 and 126.36, carving a meaningful downswing as seen on the 4H chart. The currency pair is working on the above boundary and setting up for a counter-trend rally towards 129.40. It is the Fibonacci 0.618 retracement of the downswing and the 1.618 extension of the proposed counter-trend.

UDJPY is expected to produce a strong bearish bounce around 129.40 due to the above Fibonacci convergence. Bears would be back in control thereafter and drag towards 124.50 and up to 123.30 going forward. Only a consistent break above 131.34 will change the structure and nullify the bearish scenario.

Trading plan:

Potential short-term rally towards 129.40, then lower to 124.50 against 131.50

Good luck!

*Disclaimer: The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Oscar Ton,
Analytical expert of InstaForex
© 2007-2025
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback