USD/JPY AI Live Scan, 4-hour chart, Tuesday, 7 July 2026

Every read JAFX AI made on the USD/JPY 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

21:03 UTC

Uptrend, consolidating near cycle high · RSI 55 · price 162.081

Higher lows into 162.84 supply.

USDJPY remains in an uptrend near 40-year highs, grinding sideways around 162.00 after supply capped the move at the 162.84 cycle high and triggered a sharp flush to 160.90. Buyers have since rebuilt a higher-low sequence back toward 162.42, keeping price above EMA20 and EMA50. ATR is off its spike from the 160.90 washout, and FOMC minutes Wednesday is the next catalyst for this rate-differential-driven pair.

Support: 161.65, 160.90

Resistance: 162.42, 162.84

What it said to watch

  • H4 close above 162.84 exposes cycle high and raises MoF intervention risk
  • Failure to hold 161.65 breaks the rising higher-low sequence
  • FOMC minutes Wed 18:00 UTC could materially shift this read

21:02 UTC

Uptrend, pullback recovering · RSI 56 · price 162.081

Higher lows, holding above 161.00 base.

Uptrend intact off the early-window base; price pushed to the 162.84 cycle high before a sharp flush to the 161.00 consolidation base, and has since recovered through 162.00 on broad USD strength and wide rate differentials. Higher-low structure holds and price sits back above both EMAs, retesting the mid-162 supply that capped the pullback. The 162.84 area doubles as the de-facto MoF intervention line, a natural friction point on any extension.

Support: 161.00

Resistance: 162.84

What it said to watch

  • Close above 162.84 opens the path higher but marks the intervention line
  • FOMC minutes Wed 18:00 UTC is the key near-term catalyst for this read
  • Failure to hold the 161.00 base would signal a deeper pullback

17:02 UTC

Uptrend, consolidating below highs · RSI 55 · price 161.912

Higher lows intact, capped under 162.40.

USDJPY holds a higher-low uptrend but stalled after a sharp rejection from the 162.84 40-year high, which flushed to 160.60 before buyers recovered the move back to 162.40. Price is now consolidating around 161.90 with the yen structurally soft on the carry story, and 162.40 remains the cap into the 162.84 cycle high. ATR(14) around 30 pips reflects a compressing regime after the swing.

Support: 161.00, 160.60

Resistance: 162.40, 162.84

What it said to watch

  • H4 close above 162.40 opens the path to the 162.84 40yr high
  • Loss of the 161.00 range low exposes the 160.60 cycle low
  • FOMC minutes Wed 18:00 UTC could materially shift this read
  • Intervention risk rises sharply near 162.84

17:02 UTC

Uptrend, momentum cooling · RSI 53 · price 161.912

Higher lows intact, consolidating below supply.

Uptrend intact with higher lows built since the early-month base near 160.3; price pushed toward the 162.84 40-year high before a sharp one-bar flush to 160.9 and a subsequent recovery, reflecting entrenched JPY softness on carry. It now consolidates near 161.9, capped by the 162.43 swing-high supply. ATR is moderate and pulling in, consistent with a pause rather than a trend break.

Support: 161.50, 160.90

Resistance: 162.43, 162.84

What it said to watch

  • H4 close above 162.43 reopens the 162.84 cycle high and intervention zone
  • Failure to hold 161.50 exposes the 160.9 swing low
  • FOMC minutes Wed 18:00 UTC could materially shift this read

13:02 UTC

Uptrend, momentum slowing · RSI 47 · price 161.914

Higher lows intact, lower high forming below 40-yr peak.

Uptrend structure holds with higher lows since the early-month base near 159.54, but the rally stalled at 162.42 — a lower high versus the 162.84 40-year peak — and price has drifted back to 161.9. The mid-window slide to 160.90 marked the intervention scare that was quickly bought back, keeping the rate-differential grind alive. ATR near 34 pips shows contained ranges as price coils below the ceiling into Wednesday's FOMC minutes.

Support: 161.65, 160.90

Resistance: 162.42, 162.84

What it said to watch

  • H4 close above 162.42 reopens the 162.84 40-yr high, with MoF intervention risk into that zone
  • Failure to hold 161.65 exposes the 160.90 swing low
  • FOMC minutes Wed 18:00 UTC could materially shift this read

13:02 UTC

Uptrend, capped below 40-yr high · RSI 52 · price 161.914

Higher highs/lows, consolidating under ceiling.

Higher-high, higher-low structure intact since early June, with price grinding up toward the 162.84 40-year high before a sharp intervention-scare drop from 162.43 to the 160.90 area, since largely recovered. Price now consolidates around 161.90 between the spike low and the ceiling, with JPY pinned near multi-decade lows on carry and rate-differential flow. ATR near 40 pips reflects moderate, two-way conditions ahead of Wednesday's FOMC minutes.

Support: 160.49

Resistance: 162.43, 162.84

What it said to watch

  • H4 close above 162.84 opens intervention-watch toward 163.00
  • Failure to hold 160.49 confirms a lower low
  • FOMC minutes Wed 18:00 UTC could materially shift this read

09:02 UTC

Uptrend, grinding higher · RSI 55 · price 161.95

Higher highs and higher lows since the drop-low recovery.

USDJPY holds an uptrend of higher lows, with carry-driven JPY weakness keeping price magnetised toward the 162.84 40-year high. The sharp flush to 161.02 was fully absorbed and reclaimed, leaving that spike a false break rather than a structural top. Price now consolidates around 161.95 below the 162.43 recent high after a shallow pullback.

Support: 161.02

Resistance: 162.43, 162.84

What it said to watch

  • H4 close above 162.84 40-yr high opens fresh cycle extension; intervention risk grows there
  • Failure to hold 161.02 drop low would break the higher-low sequence
  • FOMC minutes Wed 18:00 UTC is the key rate-differential catalyst and could reset this read

09:02 UTC

Uptrend, grinding higher · RSI 54 · price 161.95

Higher lows intact, pressing range top.

Uptrend intact with higher lows since the early-month 159.54 base, price grinding back toward the 162.84 40-year high on persistent JPY carry weakness. A sharp drop to 160.90 was fully absorbed and price rebuilt above 161.00, with the recent 162.42 swing high the last cap before the cycle top. FOMC minutes Wednesday is the key rate-differential catalyst for this pair.

Support: 161.00, 160.50, 159.54

Resistance: 162.42, 162.84

What it said to watch

  • H4 close above 162.84 confirms breakout to fresh cycle highs
  • Failure to hold 160.50 breaks the higher-low structure
  • FOMC minutes Wed 18:00 UTC could materially shift this read

05:02 UTC

Uptrend, near multi-decade highs, momentum slowing · RSI 57 · price 161.876

Higher-lows intact but stalling below 162.84.

USDJPY remains in an H4 uptrend pinned near 40-year highs, with the dollar staying broadly firm despite last week's soft NFP as the higher-for-longer narrative holds and JPY sits near multi-decade lows. Price tagged 162.84 midweek, sold off to the 160.48 area on Friday's intervention-speculation dip, then rallied back to a lower high at 162.42 before easing to 161.876. ATR is easing off the intervention-day spike, and the lower high suggests upside momentum is cooling just under the record.

Support: 160.60, 160.48

Resistance: 162.42, 162.84

What it said to watch

  • H4 close above 162.84 opens path higher but sits in the MoF/BoJ intervention zone
  • Close below 160.60 pivot would shift the near-term read JPY-positive
  • FOMC Minutes Wed 18:00 UTC could materially move this pair

05:02 UTC

Uptrend near multi-decade highs, momentum easing · RSI 54 · price 161.876

Higher lows since the 160.48 washout, capped below 162.42.

USDJPY remains in a broad uptrend near 40-year highs, with the carry-driven, firm-USD backdrop intact after the dollar shrugged off last week's soft NFP. Price washed out to 160.48 mid-window then rebuilt higher lows and pushed back to 162.42, where supply capped and the pair rejected toward 161.88. ATR has cooled from the NFP spike, leaving the pair coiling below the 162.42/162.84 ceiling.

Support: 161.02, 160.60, 160.48

Resistance: 162.42, 162.84

What it said to watch

  • Approach to the 40-year high at 162.84 keeps Tokyo intervention risk in focus
  • Failure to hold 161.02 opens the path back to the 160.60 friday low
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

01:02 UTC

Uptrend, near multi-year high · RSI 57 · price 162.105

Higher highs and higher lows, retracement fully recovered.

USDJPY holds an uptrend of higher highs and higher lows, and has fully recovered last week's sharp dip to 160.48 — the move framed as suspected MoF intervention — climbing back to retest the 162.42 swing high beneath the 162.84 40-year peak. ATR near 33 pips reflects a firm but not runaway grind, with price parked above EMA20 and EMA50. Carry demand keeps the pair pinned to the highs into Wednesday's FOMC minutes.

Support: 161.00, 160.60

Resistance: 162.42, 162.84

What it said to watch

  • Acceptance above 162.84 40yr high extends the trend; intervention risk elevated in that zone
  • H4 close below 161.00 range floor, then 160.60 pivot, would break the higher-low sequence
  • FOMC minutes Wed 18:00 UTC could materially shift this read

01:02 UTC

Uptrend, near multi-decade highs · RSI 61 · price 162.105

Higher highs/lows; capped below 162.84.

USDJPY grinds higher within a firm uptrend, price back at 162.10 after fully recovering the mid-window spike to 160.48 tied to the soft NFP print and suspected MoF activity. That flush was faded aggressively, leaving a sweep-and-reclaim through the range floor near 161.00 and price now retesting the 162.42 swing high beneath the 162.84 40-year peak. ATR has compressed off the intervention-day spike, consolidating just under the topside.

Support: 161.00, 160.60, 160.40

Resistance: 162.42, 162.84

What it said to watch

  • Close above 162.84 40yr high opens the path toward 165
  • Intervention risk into the 162.80 zone could force a sharp reversal
  • Close below 160.60 pivot opens 160.00
  • FOMC minutes Wed 18:00 UTC could materially shift this read

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