NEWS: USDJPY price is increasing 0.7% following the election of the new Japaneese prime minister Sanae Takaichi and her attitude against interest rate hikes by the Bank of Japan
Possible Scenarios:
If USDJPY fails to breach through R1 of 150.71, our Research Department expects the USDJPY to undergo a short- term downward correction.
If USDJPY manages to break above its R1 of 150.71, our Research Department expects the USDJPY to extend its gains to its R2 of 151.04.
Support and Resistance Levels:
USDJPY |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
149.19 |
149.52 |
149.85 |
150.28 |
150.71 |
151.04 |
151.37 |
Potential Profit or Potential Loss Calculations:
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $66.64 |
(+/-) €57.08 |
(+/-) £49.57 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.16759
***GBP/USD = 1.34435
Calculations for exchange rate used as of Monday, October 6, 2025, 09:05 GMT+1