USD/JPY(20251211)Today's AnalysisMarket News:
On December 11th, the Federal Reserve lowered its benchmark interest rate by 25 basis points to 3.50%-3.75% by a 9-3 vote, marking the third consecutive rate cut at its meeting. The policy statement removed the description of a "low" unemployment rate. The latest dot plot maintains its forecast of a 25 basis point rate cut in 2026. Additionally, the Fed will purchase $40 billion in Treasury bills over the next 30 days, beginning December 12th, to maintain an ample supply of reserves.
Technical News:
Today's Buy/Sell Threshold:
156.24
Support and Resistance Levels:
157.38
156.95
156.68
155.80
155.53
155.10
Trading Strategy:
A break above 156.24 could be a buy signal, with a first target price of 156.68.
A break below 155.80 could be a sell signal, with a first target price of 155.53.
