USD/JPY Price Forecast and Currency Rate Prediction (2020)

The US Dollar to Japanese Yen (USD/JPY) exchange rate is a Forex major pair and one of the world’s most traded currency pairings.

In this article we make a US-Dollar / Japanese Yen price prediction and longterm forecast. We would like to give an assessment of the further price development of US-Dollar / Japanese Yen. We look at the long term charts for USD/JPY, which are the yearly, quarterly and monthly charts. The basis of our analysis is the Price Action and Technical Chart Analysis.

The charts used are from TradingView and the prices are from FXCM.

USD/JPY Yearly Chart

USD/JPY Yearly Chart

Important Highs and Lows

HighsLows
125.85 – June 5, 201598.78 – June 24, 2016
112.40 – April 24, 2019104.44 – August 26, 2019

If we look at the yearly chart of the USD/JPY currency pair, we see this major forex pair moving sideways in a big trading range between the 2015 high at 125.85 and the 2016 low at 98.78. The yearly volatility is shrinking and USD/JPY shows no clear price directions

The blue line on the chart is a 20-year moving average. Price of USD/JPY seems to find support at the moving average.

Next let us look on the quarterly chart.

USD/JPY Quarterly Chart

USD-JPY quarterly chart
Quarterly chart of USD/JPY
HighsLows
125.85 – June 5, 201598.78 – June 24, 2016
112.40 – April 24, 2019104.44 – August 26, 2019

In the 3-month chart above, we see a sideways sloping 20-period moving average (blue line) inside the trading range since the second quarter of 2015. USD/JPY is not showing any clear direction.

Let us continue our review with a look at the monthly chart.

USD/JPY Monthly Chart

USDJPY Monthly Chart
USD/JPY Monthly Chart

With the monthly chart we continue to go into the details for the long-term price development of US-Dollar/Japanese Yen. Again, we see the price action moving sideways around the 20 month moving average (blue line).

USD/JPY price prediction and longterm forecast February 2020

The forex currency pair USD/JPY is in a stable sideways trend in all major time units. The probability for prices to continue moving sideways is approx. 60%.

As long as USD/JPY remains below the 2019 high of 112.40, the long-term forecast remains neutral. Only a price increase well above 114.55 would turn the forecast to cautiously positive.

What is the current price of USD/JPY ?

The current price of USD/JPY you can see here.

About USD/JPY

The Currency Pair USD/JPY is the shortened term for the US-Dollar against Japanese Yen, or cross for the currencies of the United States (USD) and Japan (JPY). … For example, if the pair is trading at 110.50, it means it takes 110.50 Japanese Yen to buy 1 US-Dollar.

*This price prediction is based on the data collected from various sources. This should not be considered as an investing parameter and user should do their own research before investing.

*This price prediction is based on the data collected from various sources. This should not be considered as an investing parameter and user should do their own research before investing.

Do you think our predictions are accurate? What are your thoughts on the methods used to reach our conclusions? Let us know in the comments below.

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