USD/JPY Price Forecast: Breaks Above 145.00 As Trade Hopes Lift USD

By Christian Borjon Valencia of FX Street

Editor • Jun 10, 2025 at 7:24 PM EDT

USD/JPY clears Monday’s high and trades near 145.20 amid upbeat risk tone.

Yen, Money, Wealth, Japanese Yen

Yen. Image Source: Pixabay

The USD/JPY pair advances for the first time in the week, clearing Monday’s high of 144.95, as the US Dollar (USD) climbs on speculation that Washington and Beijing might reach a trade agreement in London. This has pushed the major above 145.00, posting gains of over 0.24%.

USD/JPY Price Forecast: Technical outlook

Consolidation is the name of the game. USD/JPY is trapped on the downside by the confluence of the bottom of the Ichimoku Cloud (Kumo), the 200-day Simple Moving Average (SMA) at 144.26 and the June 9 close near 144.00. Topside, the first resistance is the Senkou Span B at 145.18, followed by the Kijun-sen at 145.38.

The Relative Strength Index (RSI) is bullish. Hence, the pair may resume its uptrend in the near term, once it clears key resistance levels.

If USD/JPY buyers claim 145.38, the next target is 146.00. A decisive break will expose the 100-day SMA at 147.72. Otherwise, if the pair tumbles below 144.00, the first support would be the June 3 low at 142.37 and the May 27 swing low at 142.11.

USD/JPY Price Chart – Daily

(Click on image to enlarge)

More By This Author:

Silver Price Forecast: XAG/USD Pulls Back From $37.00 As U.S. Dollar Rebounds On U.S.-Sino Talks
Gold Price Steadies Above $3,300 As Markets Cheer Progress In U.S.-China Talks
EUR/USD Climbs Above 1.14 On Risk-On Mood, ECB Turns Hawkish

Disclaimer:

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Comments

Back to all articles