USD/JPY: Elliott Wave Analysis and Forecast for 12.12.25 – 19.12.25

Major Takeaways Main scenario: Consider short positions from corrections below the level of 157.00 with a target of 151.73 – 150.20. A sell signal: the price holds below 157.00. Stop Loss: above 157.45, Take Profit: 151.73 – 150.20. Alternative scenario: Breakout and consolidation above 157.00 will allow the pair to continue rising to the levels of 162.00 – 165.00. A buy signal: the level of 157.00 is broken to the upside. Stop Loss: below 156.60, Take Profit: 162.00 – 16