USD/JPY AI Live Scan, weekly chart, Friday, 3 July 2026

Every read JAFX AI made on the USD/JPY weekly chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

19:02 UTC

Uptrend, testing multi-decade highs · RSI 66 · price 161.225

Higher highs, higher lows since Q2 2025 low.

Multi-quarter uptrend intact: USDJPY has climbed from the ~141.60 April-2025 low back to fresh 40-year highs at 162.83, with EMA(50) rising well below price — macro carry structure firmly in place. The most recent bar rejected 162.83 to close at 161.22, an inside-turn near the highs as a soft 57K US NFP and stealth-intervention fear squeezed the yen off the lows. The ~275bp BoJ-Fed rate gap keeps the trend supported, but the Finance Ministry, not the calendar, is the swing factor capping the topside.

Support: 161.00, 160.60

Resistance: 162.838

What it said to watch

  • Weekly close below the 161.00 pivot would mark the first lower-low since the recovery began
  • Rejection at 162.83 keeps the 40-yr high as the ceiling; a weekly close above opens the 163 psych level
  • MoF intervention headlines into thin US-holiday liquidity could force a sharp reversal toward 160.60

19:02 UTC

Uptrend, momentum stalling at highs · RSI 65 · price 161.225

Higher highs since Q2 2025, testing 40-yr highs.

Uptrend intact since the April 2025 low near 139.90; price sits at the upper extreme, having tapped 40-year highs at 162.84 before closing back at 161.22. EMA(50) on W1 is rising and price holds well above it — macro carry regime with the wide BoJ-Fed differential remains in force. The weekly bar shows rejection off 162.84 as soft US NFP and MoF intervention fear squeezed the pair back toward the 161.00 pivot.

Support: 160.00

Resistance: 162.84

What it said to watch

  • Weekly close back above 162.84 extends the multi-quarter uptrend
  • Acceptance below 160.00 round number would mark the first real crack in the uptrend
  • MoF intervention headlines could force a sharp reversal into 160.60
  • FOMC Minutes Wed could shift the USD leg of this read

All markets that day · Today’s USD/JPY Live Scan in the terminal