Final countdown for USDJPY: ultimatum, rumours of peace, and the threat of intervention
The USDJPY pair is balancing on the edge of a breakout above the 160.00 level and intervention by the Japanese government. Quotes are testing the 159.80 mark. Discover more in our analysis for 7 April 2026.
Technical outlook
On the H4 chart, the USDJPY pair has formed a Hammer reversal pattern near the lower Bollinger Band and is hovering around 159.70. Since the price remains within an ascending channel, it may break resistance and continue its upward trajectory following the pattern’s signal, with the upside target at 161.00.
The USDJPY pair is on the verge of a breakout above 160.00 and intervention by the Japanese government.
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
The USDJPY pair is balancing on the edge of a breakout above the 160.00 level and intervention by the Japanese government. Quotes are testing the 159.80 mark. Discover more in our analysis for 7 April 2026.
Technical outlook
On the H4 chart, the USDJPY pair has formed a Hammer reversal pattern near the lower Bollinger Band and is hovering around 159.70. Since the price remains within an ascending channel, it may break resistance and continue its upward trajectory following the pattern’s signal, with the upside target at 161.00.
The USDJPY pair is on the verge of a breakout above 160.00 and intervention by the Japanese government.
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