USD/JPY made a big gain in November, why it will continue in December

December is the fourth best month for USD/JPY longs over the past 10 years with an average gain of 0.27% (February is easily the best month).

In November, USD/JPY gained 3.4%. In months with 2.5% gains or more over the past 10 years, USD/JPY continued to climb the following months in 13 of the past 17 instances.

USDJPY seasonals Dec 2 hot chart

USDJPY with months of 2.5% gains highlighted