Thin Sunday reopen gapped USD/JPY down to 157.15 before a double bottom at 157.00 held twice. Buyers reclaimed the range into the session high at 157.87, RSI(14) firming near 61 on light Asian volume.
Support: 157.00, 157.06
Resistance: 157.87, 158.00
What it said to watch
M15 close above 157.87 opens the path to 158.00
Failure to hold 157.00 reopens the downside toward the pre-gap lows
Weekend reopen gapped down to 157.15 and dipped to the 157.00 session low before a thin Asia bid recovered price to a 157.87 session high. RSI(14) mid-60s with a clean higher-low chain off the low; price has reclaimed EMA20 but sits below EMA50.
Support: 157.00, 157.15
Resistance: 157.87, 158.00
What it said to watch
M15 close above 157.87 opens the path to the 158.00 psych level
Failure to hold 157.15 reopens the 157.00 session low
JPY Labor Cash Earnings Aug 4 23:30 UTC could reset this read
23:32 UTC
Downtrend, bouncing off lows · RSI 54 · price 157.692
Recovery off session low after weekend gap.
Weekend gap lower opened near 157.15, extending the slide from 160. Buyers stepped in twice at 156.997 to form a double bottom, and price has since recovered to 157.69 with RSI(14) lifting to ~54. Soft USD post-FOMC and a firmer yen frame the backdrop.
Support: 157.00, 156.997
Resistance: 157.859, 158.00
What it said to watch
M15 close above 157.859 session high opens the 158.00 psych level
Failure to hold 157.00 psych reopens the 156.997 session low
Japan Labor Cash Earnings Aug 4 is the next scheduled JPY risk
Weekend gap lower carried USD/JPY into the new week's Asia open, printing 156.997 before demand stepped in and lifted price back to 157.69 on thin volume. RSI(14) recovering from oversold as a small higher-low base forms; the 157.86 session high is the immediate cap after last week's BoJ-hold selloff from 160.
Support: 157.00
Resistance: 157.86, 158.00
What it said to watch
Reclaim of 157.86 opens the path to the 158.00 psych level
Failure to hold 157.00 confirms a fresh lower low
Thin Asia-open liquidity can exaggerate moves until volume returns
23:16 UTC
Downtrend, bouncing off lows · RSI 42 · price 157.579
Steep decline from 160.7, early-Asia base building.
Asia session opened with a weekend gap down from Friday's 157.65 close, extending the slide off 160+. A double bottom formed at 156.997 and price bounced to the session high at 157.617; RSI(14) recovering off oversold territory into the mid-40s.
Support: 156.997
Resistance: 157.617, 158.00
What it said to watch
M15 close above 157.62 opens the path to 158.00
Failure to hold 156.997 confirms a fresh lower low
Labor Cash Earnings Aug 4 23:30 UTC could shift the JPY read
23:16 UTC
Downtrend, bounce off lows · RSI 46 · price 157.579
Steep sell-off, basing near 157.00.
Prior session drove a steep sell-off from ~160.70 to 157.50 on broad yen strength after the BoJ hold and intervention scare. New week opened with a dip to 156.997, swept, then a recovery to 157.58 — RSI(14) climbing back near 46 from the lows. Price still trades below EMA20/50.
Support: 156.997
Resistance: 158.00
What it said to watch
M15 close below 156.997 confirms a lower low
Reclaim of 158.00 would ease the downside pressure
ISM Manufacturing PMI Mon 14:00 UTC could shift this read
23:01 UTC
Downtrend, consolidating after gap · RSI 44 · price 157.262
Gapped lower, ranging 157.00-157.57.
USDJPY gapped lower over the weekend from Friday's 157.65 close, extending the 160-to-157 slide, and has ranged 157.00-157.57 into early Asia. Price swept the 156.997 low then recovered to 157.26, RSI(14) mid-40s and neutral; volumes are thin at the session open.
Support: 156.997, 157.00
Resistance: 157.569, 157.49
What it said to watch
M15 close below 156.997 extends the lower-low sequence
Reclaim of 157.57 session high would flip the post-gap range
ISM Manufacturing PMI Mon 14:00 UTC could shift this read
23:01 UTC
Downtrend, basing near lows · RSI 42 · price 157.262
Lower highs / lower lows, weekend gap down.
Persistent M15 downtrend dragged USDJPY from 160.70 toward 157 as post-FOMC dollar softness weighed. The week reopened with a gap lower to 157.15 and price probed 157.00 twice, holding both times; RSI(14) near 42 with the tape consolidating 156.99–157.57.
Support: 156.997, 157.00
Resistance: 157.57
What it said to watch
M15 close below 156.99 confirms continuation of the lower-low sequence
Reclaim of 157.57 would break the reopen range and ease downside pressure
ISM Manufacturing PMI (Mon 14:00 UTC) could shift this read
USDJPY extended its post-BoJ slide, reopening after the gap near 157.15 and printing a double bottom at the 156.997 round level where buyers stepped in twice. RSI(14) is oversold near 29 and turning up as price recovered to 157.29, but the session high at 157.57 still caps.
Support: 156.997, 157.00
Resistance: 157.57
What it said to watch
M15 close above 157.57 breaks the session high and eases the downside pressure
Failure to hold 157.00 confirms a fresh lower low toward 156.50
Labor Cash Earnings Aug 4 is a JPY catalyst that could reshape this read
USDJPY gapped down into the new week and extended the slide off 160.70, spiking to a 156.997 low before buyers absorbed the move. Price is now hugging the 157.00 round level with the session high capped at 157.57; RSI(14) has lifted off oversold to the low-40s as the drop decelerates.
Support: 157.00, 156.90
Resistance: 157.569
What it said to watch
M15 close below 157.00 confirms a fresh lower low and reopens 156.90
Reclaim of 157.57 session high needed to ease downside pressure
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
22:32 UTC
Downtrend, stabilizing after gap · RSI 41 · price 157.296
Lower lows, gap-down week open.
The week opened with a gap down from Friday's 157.65 close to around 157.15, extending the breakdown off the 160 area. Early Asia swept the 157.00 round number to 156.997 before recovering to 157.30; session high sits at 157.57. Volume is thin at the open and price is holding just above the swept low.
Support: 156.997, 157.00
Resistance: 157.57, 157.65
What it said to watch
M15 close below 156.99 confirms a fresh lower low
Reclaim of 157.65 fills the weekend gap and shifts the near-term read
ISM Manufacturing PMI Mon 14:00 UTC could materially move this read
22:31 UTC
Downtrend, gap-driven · RSI 37 · price 157.296
Lower lows, weekend gap down.
A weekend gap lower extended Friday's collapse off the 160-handle; USDJPY opened Asia near 157.15 and swept the 157.00 round number twice before recovering to 157.30. RSI(14) hovering in the mid-30s after the drop, ATR ~32 pips reflecting the recent whipsaw. Thin Asia-session volume, no directional development yet above 157.57.
Support: 157.00
Resistance: 157.57
What it said to watch
M15 close back above 157.57 session high would reverse the intraday lower-high sequence
Failure to hold the 157.00 session low confirms continuation lower
Japan Labor Cash Earnings Aug 4 could reprice the JPY read
Thin Sunday/Asia reopen; USD/JPY gapped lower and broke the 157.40–157.57 consolidation, printing 156.997 on the last bar as the intraday downtrend extends. RSI(14) sub-35 and ATR near 38 pips; yen firmness tracks the more hawkish BoJ inflation outlook.
Support: 156.997, 157.00
Resistance: 157.569
What it said to watch
A close back above 157.57 would negate the range-break read
Holding below 157.00 confirms continuation lower
ISM Manufacturing PMI Mon 14:00 UTC could reset this read
Intervention risk flagged in the 158–163 band
22:16 UTC
Downtrend, RSI oversold · RSI 18 · price 157.007
Lower highs and lows, gapped lower.
USDJPY sold off hard through the Friday–Asia transition, gapping lower and breaking to a fresh 156.997 low as yen strength dominated after the muted post-BoJ reaction. RSI(14) is deep near 18, so momentum is stretched to the downside with no basing yet; 157.49 is the nearest lower high capping any bounce.
Support: 156.997
Resistance: 157.49
What it said to watch
Reclaim of 157.49 needed to break the lower-high chain
Loss of 156.997 confirms continuation of the downtrend
Labor Cash Earnings (Aug 4) could shift the JPY read
22:02 UTC
Downtrend, thin reopen · RSI 39 · price 157.31
Gap-down, weak bounce fading.
Sunday reopen gapped ~50 pips lower to 157.15 after Friday's slide from 160.50 down to 157.65 on broad yen strength. Thin-liquidity bounce stalled at 157.57 and faded back to 157.31; volume is light and the Friday close at 157.65 caps the recovery.
Support: 157.15
Resistance: 157.57, 157.65
What it said to watch
M15 close below 157.15 extends the reopen slide
Reclaim of 157.65 negates the gap-down read
Liquidity is thin at the Asia reopen — moves may be exaggerated
Japan Labor Cash Earnings Aug 4 23:30 UTC could reshape the JPY read
22:01 UTC
Downtrend, thin Sunday open · RSI 37 · price 157.31
Lower highs/lower lows, gapped lower into the week.
Friday's selloff from 160.7 extended a clean downtrend of descending highs, and the week opened with a gap lower below Friday's 157.65 close to 157.15 amid yen-strength/intervention chatter. Price is now coiling in thin Sunday liquidity between 157.15 and 157.57, well below EMA20/50.
Support: 157.15, 157.00
Resistance: 157.57, 157.65
What it said to watch
Reclaim of the 157.65 gap fill would neutralise the gap-down read
Break below the 157.15 session low opens the path toward 157.00
Labor Cash Earnings Aug 4 23:30 UTC could reprice JPY sharply
Weekend gap down, tight consolidation off the low.
Fresh week opened with a gap down near 157.15, extending Friday's slide from 160 toward the 157.65 spike-low zone. Price is now consolidating in a tight 157.15–157.57 band on thin Sunday-open volume, RSI(14) recovering off oversold as the decline stalls.
Support: 157.146
Resistance: 157.569, 157.92
What it said to watch
M15 close above 157.57 opens the path back to 157.92
Failure to hold 157.15 session low resumes the decline
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
21:46 UTC
Downtrend, extended into oversold · RSI 19 · price 157.478
Lower highs, lower lows; weekend gap down.
Sustained M15 downtrend accelerated through the 158.00 handle late in the prior session, and a weekend gap opened near 157.15 — below the 158.54 spike-low. RSI(14) is deeply oversold near 19; the first bars of the new session are small and green, ticking back to 157.48.
Support: 157.146
Resistance: 158.00, 158.54
What it said to watch
Reclaim of 158.00 would ease the downside pressure
Failure to hold the 157.15 gap low confirms continuation of the lower-low sequence
Thin early-session liquidity can exaggerate moves until London develops
21:32 UTC
Downtrend, bouncing off gap low · RSI 41 · price 157.465
Lower highs into Friday close, weekend gap down.
USDJPY sold off through the 158.00 area into Friday's close and gapped lower over the weekend to 157.146 on the Sunday reopen. Thin early-session bars have recovered to 157.46 with RSI(14) near 41; price sits well below EMA20/50.
Support: 157.146
Resistance: 158.00
What it said to watch
Reclaim of 158.00 needed to repair the break lower
Failure to hold the 157.146 gap low extends the downtrend
ISM Manufacturing Mon 14:00 UTC could shift USD tone
21:31 UTC
Downtrend, gap-down open recovering · RSI 36 · price 157.465
Lower highs, lower lows; weekend gap down.
USDJPY fell hard through Friday's session and gapped down at the Sunday Asia reopen below the 157.654 pre-gap close, extending the JPY strength that followed the BoJ hold and prior intervention whipsaw. Price is now grinding back to 157.465 on thin holiday-open volume, holding just above the 157.146 gap low with RSI(14) near 36.
Support: 157.146
Resistance: 157.569, 157.654
What it said to watch
M15 close back above 157.654 pre-gap level would fill the weekend gap
Failure to hold 157.146 gap low confirms a fresh lower-low
ISM Manufacturing Mon 14:00 UTC could reprice USD and shift this read
21:17 UTC
Downtrend, gapped lower · RSI 41 · price 157.50
Lower highs and lows, weekend gap down.
USDJPY sold off steadily into the weekend, printing lower highs from the 160.50 area down to 157.50, then gapped lower to 157.15 at the new-week open. Price is basing just above the session low near 157.50 on thin liquidity, RSI(14) recovering from oversold as the two opening bars ticked green.
Support: 157.146
Resistance: 158.00
What it said to watch
A close back above 158.00 would challenge the gap-down structure
Failure to hold 157.15 opens continuation lower
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
21:16 UTC
Downtrend, bouncing off lows · RSI 38 · price 157.552
Lower highs, lower lows; weekend gap lower.
USD/JPY stays offered, sliding from 160.70 to a 157.15 low as the yen firmed post-BoJ; an early intervention-style spike from 160.15 to 158.54 set the tone before the trend extended. Price gapped lower into the new week below 158.00 and is grinding a small recovery to 157.55, RSI(14) near 38.
Support: 157.15
Resistance: 158.00, 158.54
What it said to watch
M15 close back above 158.00 challenges the downtrend read
Failure to hold 157.15 confirms a fresh lower low
Labor Cash Earnings Aug 4 and ISM Manufacturing Mon could reset this move
USDJPY sold off hard through the session, slicing the 158.00/158.54 spike-low support and printing a fresh low at 157.512 with RSI(14) near 27. The decline is steep with ATR elevated around 44 pips; 158.00 now caps as prior support turned resistance.
Support: 157.512, 157.00
Resistance: 158.03
What it said to watch
M15 close back above 158.03 would ease the breakdown read
Failure to hold 157.512 confirms continuation lower toward 157.00
Labor Cash Earnings Aug 4 23:30 UTC plus lingering MoF intervention risk could sharply shift this read
21:02 UTC
Downtrend, extended · RSI 27 · price 157.654
Lower highs, lower lows.
USDJPY sold off hard through the back half of the window, slicing the 158.00 spike-low support and printing a fresh session low at 157.51, RSI(14) pinned near 27. The pair remains capped by a chain of lower highs with the 158.72 swing the nearest supply, sellers extending the post-intervention whipsaw lower.
Support: 157.512, 157.50
Resistance: 158.03, 158.72
What it said to watch
M15 close back above 158.03 invalidates the breakdown of spike-low support
Failure to hold 157.50 psych confirms continuation lower
Labor Cash Earnings Aug 4 23:30 UTC could reprice the JPY leg