Analysis of the USDJPY currency pair for October 16, 2025

Analysis of currency pairs based on a modified wave analysis, Fibonacci levels, and price channels.

October 16, 2025
USDJPY

The trend is upward. The currency pair is trading between the 365 and 135 EMA ranges. The downward wave pattern is truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator indicates oversold conditions.

Trading idea:
Buy upon the formation of an upward wave structure, where wave (A) breaks through the downward channel of the truncated correction.

Stop Loss: 150.490
Target levels: 152.340; 153.000