USDJPY(H1) Unconstrained predictions for the future and ... - Navi+ - GogoJungle | Auto Trading - Market Analysis

Based on market data for USDJPY (H1: 1-hour chart) as of February 3, 2026 (Tuesday), this explains the forecast for the next week and the technical analysis (trendline) that underpins it.

1. Forecast conclusion: Uptrend to continue (bullish)

Predicted range:¥154.70 to ¥157.00
Main scenario:From the previous week's low near 152.50 on January 28, a clear higher low has been established. On February 2, the price held the support near ¥154.70 and surged to the recent high around ¥155.75. With this strong buying pressure, this week is expected to seea stabilization in the ¥156 area and a move toward ¥157, continuing the uptrend.

2. Supporting technical analysis

The main basis for this forecast rests on the following three points.

① Higher lows (Uptrend signal in Dow Theory)

Looking at the 1-hour chart, the price action structure has shifted from decline to rise.

January 28 low:Near ¥152.50 (local bottom)
February 2 low:Near ¥154.68 (pullback)

② Breakthrough from resistance to support (role reversal)

The barrier near¥154.70that had been capped in January 30 was clearly broken to the upside in February. More importantly, during the February 2 decline, this former wall (¥154.70) became a floor (support) and became the starting point for the rebound. This support-resistance reversal suggests a higher level of confidence in the uptrend.

③ New near-term high

During US hours on February 2, the price updated the near-term swing high and reached around ¥155.75. As long as highs keep being made, trend-following (long) buying remains dominant.

3. Trendline and chart image

The trendline underlying the forecast has been visually represented. The most notable is the supportive

“Upward Trendline (Support Line)”【USDJPY H1 Simple Chart Image】

Plaintext

Price (JPY)
  ^
  |                                     (Current: around 155.55)
156.00 +                                      /  <-- Target: 156.50-157.00
  |                                  ___/   /
155.50 +                       High (Feb 2) /
  |                            155.75      /
  |                           /           /
155.00 +                     /           /
  |                         /           /
154.50 +  [Resistance] -> [Support!]   / <--- (2) Support confirmed
  |       (Jan 30 High)    (Feb 2 Low) /
  |          154.70          154.68  _/
154.00 +           \            ___/
  |                 \       ___/
153.50 +             \  ___/
  |                   \/
153.00 +              (1) Upward Trendline (Support Line)
  |                  This line remains a buying bias as long as it holds
152.50 +   Low (Jan 28)
  |       152.50
  |
  +----------------------------------------------------> Time

Chart drawing recommendations

In your charting tool (MT4, etc.), connect the following two points to draw the line that will be this week's lifeline trendline.

Starting point:January 28 low (around ¥152.50)
Passing point:February 2 low (around ¥154.68)

As long as price stays above this line, a dip-buying strategy is considered effective.

Important points moving forward (risk scenario)

If the above support line and¥154.60are clearly broken to the downside, the upside scenario would be invalidated for now. In that case, a return to the 153s would need to be watched for a potential downside correction.

We recommend monitoring this “¥154.70 support line” as an important filter within your own trading system and indicator settings.