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09.06.202505:07 Forex Analysis & Reviews: USD/JPY Forecast for June 9, 2025

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In the previous yen analysis, we mentioned that the 145.08 level serves as an intermediate barrier to the main target of 146.11. However, by this morning, the situation for the bulls looks critical—a reversal occurred right after the 8th Fibonacci time line, marking the end of the sideways structure between the 7th and 8th lines. Now, it is possible that the downward trend will strengthen, continuing the decline observed from May 13 to 23.

Exchange Rates 09.06.2025 analysis

The daily Marlin oscillator is showing signs of moving into negative territory. A drop in the price below the 143.45 level would negate Friday's efforts and open the path for an attack on the MACD line (142.20) and further to the target support at 141.70, with the intention of working towards the 139.59 support level.

Exchange Rates 09.06.2025 analysis

On the four-hour chart, the price also reversed from the upper boundary of the local price channel. Marlin also shows an intention to return to negative territory. Currently, we believe a bearish reversal has occurred for the short-term perspective. The yen has once again decided to move toward strengthening.

Laurie Bailey
Analytical expert of InstaForex
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