CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.52% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

USD/JPY

Special Reports - 02/12/2025

02 December, 2025

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

USD/JPY Weekly Special Report based on 1.00 Lot Calculation:

EVENTS:

  • WEDNESDAY, DECEMBER 3 AT 13:15 GMT: ADP NONFARM EMPLOYMENT CHANGE (NOVEMBER). This report gives an early look at how many jobs the U.S. economy is adding. Job growth has been slowing for months, so another weak reading would increase expectations for more Fed rate cuts and could push the dollar down.
  • FRIDAY, DECEMBER 5 AT 15:00 GMT: US PERSONAL CONSUMPTION EXPENDITURE (PCE) PRICE INDEX (SEPTEMBER). The Fed’s preferred inflation measure has been slowing gradually, with Core PCE holding at 0.2% month-on-month and 2.9% year-on-year. This ongoing easing trend keeps inflation moving in the right direction and gives the Fed more room to cut rates. A lower reading on Friday would support that trajectory and could put additional pressure on the dollar.

CENTRAL BANKS' INTEREST RATE DECISIONS: US FEDERAL RESERVE

  • WEDNESDAY, DECEMBER 10 AT 19:00 GMT: US FEDERAL RESERVE INTEREST RATE CUT DECISION. The benchmark interest rate currently stands at 4.00%, and according to market expectations, it is expected to be cut to 3.75% on December 10, 2025. The Federal Reserve faces growing pressure to ease policy as the U.S. labor market shows clear signs of weakness. This could put negative pressure on the US dollar.
  • US PRESIDENT TRUMP IS EXPECTED TO ANNOUNCE NEW FED CHAIR BEFORE CHRISTMAS (DECEMBER 25). According to CNBC, Treasury Secretary Scott Bessent said President Trump is expected to announce the next Fed chair before Christmas (December 25). Kevin Hassett, who is close to Trump and supportive of lower interest rates, is seen by Bloomberg as the front-runner. This could put additional negative pressure on the US dollar.

CENTRAL BANKS' INTEREST RATE DECISIONS: BANK OF JAPAN

  • FRIDAY, DECEMBER 19 AT 03:00 GMT: BANK OF JAPAN INTEREST (BOJ) RATE DECISION. The Bank of Japan’s base rate is currently 0.50%, and markets expect the BOJ to raise rates by 0.25% at this meeting. Investors will be watching closely, as a hike would support the yen and could add further downside pressure on USD/JPY. BOJ governor Ueda suggested that the central bank could raise interest rates later this month. According to Reuters, Ueda sounded more confident about Japan’s outlook, saying easing tariff concerns are helping conditions fall into place for another rate increase.

TECHNICAL ANALYSIS:

  • STRONG RESISTANCE: 160 - 155. This area has acted as a major resistance since April 2024. The USD/JPY has tested this area three times over the past year and a half.
  • 14-WEEK RELATIVE STRENGTH INDEX (RSI) POINTS TO OVERBOUGHT STATUS: According to the weekly graph below, the USD/JPY could be anticipated to experience a downward correction as the 14-Week RSI has already tested its overbought threshold of 70.

GRAPH (Weekly): November 2023 – December 2025

Please note that past performance does not guarantee future results

USD/JPY, December 2, 2025.
Current Price: 156.10

USD/JPY

Weekly

Trend direction

DOWN

Resistance 3

160

Resistance 2

159

Resistance 1

158

Support 1

154

Support 2

152

Support 3

150

Example of calculation base on weekly trend direction for 1.00 Lot1

USD/JPY

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

-2,498

-1,858

-1,217

1,345

2,627

3,908

Profit or loss in €2

-2,152

-1,600

-1,048

1,159

2,262

3,365

Profit or loss in £2

-1,893

-1,407

-922

1,019

1,990

2,960

Profit or loss in C$2

-3,498

-2,601

-1,704

1,883

3,677

5,471

  1. 1.00 lot is equivalent of 100,000 units
  2. Calculations for exchange rate used as of 12:25 (GMT) 02/12/2025

There is a possibility to use Stop-Loss and Take-Profit.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one.
  • Trailing stop technique could protect the profit.
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