Sgd/jpy Currency Pair Forecast

Hold candidate since Jun 09, 2026

The SGD/JPY currency pair price gained 0.220% on the last trading day (Tuesday, 9th Jun 2026), rising from JP¥124.32 to JP¥124.59. During the last trading day the currency pair fluctuated 0.733% from a day low at JP¥124.56 to a day high of JP¥125.47. The price has been going up and down for this period, and there has been a -0.07% loss for the last 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 1 thousand shares were bought and sold for approximately JP¥138.30 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The currency pair is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect SGD/JPY currency pair with a 90% probability to be traded between JP¥123.24 and JP¥125.10 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and currency pairs seldom manage to go directly from the bottom of a trend up to the top. Currency pairs turning up in the middle of a horizontal trend are therefore considered to be potential runners.

SGDJPY Signals & Forecast

The SGD/JPY currency pair holds buy signals from both short and long-term Moving Averages giving a positive forecast for the currency pair. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at JP¥124.59 and JP¥124.35. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -0.303%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for SGD/JPY currency pair

SGD/JPY finds support from accumulated volume at JP¥124.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the currency pair tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the currency pair During the last day, the currency pair moved JP¥0.91 between high and low, or 0.733%. For the last week the currency pair has had daily average volatility of 0.761%

Our recommended stop-loss: JP¥119.99 (-3.69%) (This currency pair has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (SGDJPY) For The Upcoming Trading Day Of Wednesday 10th

For the upcoming trading day on Wednesday, 10th we expect SGD/JPY to open at JP¥124.87, and during the day (based on 14 day Average True Range), to move between JP¥124.12 and JP¥125.06, which gives a possible trading interval of +/-JP¥0.94 (+/-0.76%) up or down from last closing price. If SGD/JPY takes out the full calculated possible swing range there will be an estimated 0.76% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at JP¥124.67 (0.06%) than the support at JP¥124.19 (0.32%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is SGD/JPY currency pair A Buy?

SGD/JPY holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this currency pair since the last evaluation from a Sell to a Hold candidate.

Current score: 0.359 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 10, 2026 - JP¥124.87 ( 0.226%).

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