03.06.202505:17 Forex Analysis & Reviews: Forecast for USD/JPY on June 3, 2025

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

On Monday, the yen strongly broke through the MACD line support and the target level at 143.45, moving 134 pips. The Marlin oscillator has settled into the bearish territory.

If the price fails to climb back above 143.45, it will next work toward testing the 141.70 support. A drop below this level would open the path toward the 139.59 target (the low from September 2024).

On the four-hour scale, the price has consolidated below the 143.45 level. Before the price could retest it as resistance, the MACD line had already dipped below the level, reinforcing it. The probability of the price rising above 143.45, which the Marlin oscillator had indicated, has significantly decreased. We expect the downward trend to continue.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.