USD/JPY forecast next week
USD/JPY goes into the week of 2 to 6 November 2026 at 157.57, after a 0.47% rise last week. The newest Forexuro edition watches 158.23 above and 156.75 below. The main scheduled event: US non-farm payrolls, Friday 6 November.
Updated · By Forexuro Desk · Editorial policy
Switches to the new edition every Sunday. This one covers 2 to 6 November 2026; the next is due on Sunday 8 November 2026.
Free on Telegram. USD/JPY levels and the week's US and Japanese releases are flagged in the free Forexuro channel.
Free, opens TelegramUSD/JPY follows the gap between US and Japanese interest rates more closely than almost any other pair, so US yields, the Bank of Japan and any hint of intervention from Tokyo decide most weeks. Here you get the newest edition's levels with their distance from Friday's close in pips, the week's releases in UK and Eastern time, and how traders in yen futures are positioned.
USD/JPY next week at a glance
| Item | Figure |
|---|---|
| Week covered | 2 to 6 November 2026 · full edition for 2 to 6 November 2026 |
| Last close | 157.57 (30 Oct) |
| Change last week | +0.47% |
| Range to watch | 156.83 to 158.31 |
| First resistance | 158.23 |
| First support | 156.75 |
| Main scheduled event | US non-farm payrolls (October data) · Friday 6 November |
Levels to watch next week
From the full edition, measured from the 157.57 Friday close in our hourly feed.
| Level | Type | Distance from the close |
|---|---|---|
| 160.00 | Resistance · round number just below the three month fixing high of 160.24. | +1.54% (243 pips) |
| 158.23 | Resistance · Wednesday's high in our feed. | +0.42% (66 pips) |
| 156.75 | Support · Monday's low, the bottom of last week's range. | -0.52% (82 pips) |
| 156.00 | Support · the next round number below. | -1.00% (157 pips) |
The two paths in this edition
- Upside: the edition's upside path runs to 158.23, then 160.00.
- Downside: the downside path runs to 156.75, then 156.00.
What would trigger each path, release by release, is in the full edition.
Neither path is a prediction.
Events that can move USD/JPY next week
- Friday 6 November, 13:30 UK time (8:30am ET): US non-farm payrolls (October data)
All releases of the week, with UK times: economic calendar.
How large speculators are positioned (COT)
In the CFTC report of 27 October 2026, large speculators held a net long of 101,591 contracts in yen futures, up 31,713 on the week. On our three year COT index that is 79 out of 100. A long in yen futures is a bet on a stronger yen, which points to a lower USD/JPY.
History and charts: USD/JPY COT page.
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Free, opens TelegramHow last week's forecast played out
The full edition for 26 to 30 October 2026 started from a close of 156.83. In our hourly price feed USD/JPY then traded between 156.75 and 158.23 and closed the week at 157.57, +0.47% on the week.
| Level in that edition | What happened |
|---|---|
| 158.59 · Resistance | Not reached (week's high 158.23) |
| 156.07 · Support | Held (week's low 156.75) |
Every closed trade: USD/JPY results page.
Past weekly editions
More: USD/JPY forecast this week (full text) · USD/JPY today · USD/JPY signals · USD/JPY results · Gold forecast next week · EUR/USD forecast next week
Questions
When is the next USD/JPY forecast published?
On Sunday 8 November 2026, UK time, for 9 to 13 November 2026. This page switches to it as soon as it is live.
What range is the USD/JPY forecast watching next week?
156.83 to 158.31, around the 157.57 close, in the edition for 2 to 6 November 2026. First resistance is 158.23 and first support 156.75.
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