USD/JPY briefly traded in the 159 range during morning trading. Having broken above the 200-day moving average, the pair is expected to test higher levels on a technical basis.
The report was prepared at 7:40 a.m. on 25 September 2026. The forecast range for USD/JPY is ¥158.000 to ¥159.800.
In a review of the previous day's trading, USD/JPY rose approximately 0.3% based on the closing price, as dollar buying and yen selling intensified amid rising US long-term interest rates and movement in oil prices, pushing the pair up to around ¥159.03.
USD/JPY is said to have clearly broken above its 200-day moving average, creating a technical backdrop conducive to further gains, although concerns about possible intervention by the Bank of Japan remain.
This morning's report encourages readers to check the latest USD/JPY chart and market information, and directs them to review the full report from 外為どっとコム.