{
  "id": 4579925,
  "title": "USD/JPY Price Forecast: Retreats from one-month top as bullish bias remains below 160.00",
  "url": "https://urgent.news/2026/08/31/usd-jpy-price-forecast-retreats-from-one-month-top-as-bullish-bias",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T05:40:17.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/usd-jpy-price-forecast-retreats-from-one-month-top-as-bullish-bias-remains-below-16000-202608310540"
  },
  "original_language": "en",
  "account": "The USD/JPY currency pair has retreated from its one-month high near 160.20, following a five-day streak of gains. Throughout the Asian trading session, prices slipped to the 159.80-159.75 zone, although downside potential appeared limited. A slight weakening of the US Dollar is believed to have put some downward pressure on the USD/JPY pair, as traders anticipate more aggressive interest rate hikes by the Bank of Japan. However, expectations of a Fed rate hike next month and heightened tensions between the US and Iran may deter aggressive bearish bets. The widening US-Japan interest rate gap and Japan's deteriorating fiscal situation suggest that the Japanese Yen will not appreciate significantly, which helps to contain losses for the USD/JPY pair. A decisive sell-off is required to confirm that the recent recovery from the monthly low of 155.25-155.20 has ended. The pair currently holds a mild bullish outlook above both the 100-period Simple Moving Average and the 50% Fibonacci retracement of the recent decline from its four-decade high. The MACD indicator is slightly positive, while the RSI is near 59, indicating constructive but not overextended upside momentum. The USD/JPY pair is likely capped by the 200-period SMA at 160.33, with the next bullish target at the 61.8% Fibonacci level at 166.2 and the 78.6% retracement at 162.09. Initial support can be found at the 50% retracement at 159.58, with the 100-period SMA at 159.13 providing further bullish support. Only a decline towards the cycle low near 155.20 would seriously question the current optimistic view, potentially leading to substantial downside for the USD/JPY pair.",
  "summary": "The USD/JPY pair retreats from the 160.20 area, or a one-month high retested earlier this Monday, and, for now, seems to have snapped a five-day winning streak. Spot prices slide to the 159.80-159.75 region during the Asian session, though the downside potential seems limited.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "AUD/JPY Price Forecast: Declines to near 114.50, but maintains bullish tone above 100-day SMA",
        "url": "https://urgent.news/2026/08/31/aud-jpy-price-forecast-declines-to-near-114-50-but-maintains-bullish",
        "published": "2026-08-31T04:29:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}