Higher lows off double bottom, re-testing week high.
USD/JPY carved a double bottom near 161.28 late last week and has ground back above the H1 EMA(20), reclaiming 162.40 as the yen stayed pinned near four-decade lows on the wide rate gap and firm energy prices. Price is now re-testing this week's high band with RSI(14) around 61 and pullbacks holding above 162.10. The 162.70–162.80 zone — twice-rejected 40-year high — remains the ceiling capping the recovery.
Support: 162.10, 161.28
Resistance: 162.70, 162.80
What it said to watch
H1 close above 162.80 opens the path toward 163.70; also raises MoF/BoJ intervention risk
Failure to hold 162.10 (ema20) would break the higher-low sequence
Loss of 161.28 would negate the double bottom read
USD/JPY rebounded off the 161.28 week low, reclaiming EMA20 and grinding back to 162.44 through this week's sessions on the persistent US-Japan rate gap. The recovery has stalled just below the 162.48-162.62 resistance shelf, with RSI(14) cycling near 60 on pullbacks. The 162.80 four-decade high remains the ceiling that has capped two prior attempts.
Support: 162.10, 161.75, 161.28
Resistance: 162.48, 162.62, 162.80
What it said to watch
H1 close above 162.80 40yr high signals momentum toward 163.70
Failure to hold 162.10 ema20 opens the 161.75 swing low
MoF/BoJ intervention rhetoric near the 40yr high could force a sharp JPY squeeze
22:02 UTC
Recovery uptrend off the week's low · RSI 62 · price 162.457
Higher lows since 161.28 double-bottom base.
USD/JPY has clawed back the mid-week flush to 161.28, with price grinding higher through the last two sessions as the yen stayed pressured on the wide rate gap and firmer energy costs. Twin lows near 161.28 formed a base, and the recovery now sits back above both EMAs with RSI(14) cycling in the 55-62 band. The 162.70 week high and the 162.80 four-decade high remain the capping zone overhead.
Support: 162.00, 161.73, 161.28
Resistance: 162.70, 162.80
What it said to watch
H1 close above 162.80 opens the path toward 163.70; elevated MoF intervention risk at that level
Failure to hold 162.00 exposes the 161.73 swing low and breaks the rising support
US June CPI and Warsh testimony are the next macro catalysts that could reset this read
Higher lows off last week's low, retesting range top.
USD/JPY has recovered the full drop from last week's 161.28 low, grinding back above both EMAs on a chain of higher lows into the NY session. JPY stayed pinned near four-decade lows on the wide rate gap and energy costs, leaving spot within reach of the 162.71 week high and the 162.80 four-decade cap. RSI(14) cycling in the 55-62 band on pullbacks reflects steady demand rather than an extended move.
Support: 162.10, 161.73, 161.28
Resistance: 162.71, 162.80
What it said to watch
Sustained H1 close above 162.80 (40-yr high) would extend the recovery
Failure to hold 162.10 swing low reopens 161.73
MoF/BoJ intervention rhetoric near the 162.80 cap could sharply shift this read
Higher lows since Friday's double bottom, back into week's upper range.
USD/JPY has clawed back the mid-week plunge to 161.28, where price twice found demand to form a double bottom, and has ground higher through this week's sessions to sit above both EMA20 and EMA50 with RSI near 60. The recovery is driven by the wide US-Japan rate gap and a US-Iran risk premium keeping the yen offered near 40-year lows. Price is now testing the 162.45 intraday cap, with the week high at 162.70 and the four-decade high at 162.84 overhead.
Support: 162.02, 161.28
Resistance: 162.70, 162.84
What it said to watch
H1 close above 162.70 opens the path to the 162.84 40-yr high, where MoF intervention risk rises
Failure to hold 162.02 breaks the rising higher-low sequence off the double bottom
Proximity to 162.84 raises intervention risk that could trigger a sharp squeeze
21:02 UTC
Uptrend, grinding higher into range top · RSI 62 · price 162.453
Higher lows since week open, recovered the prior dip.
USD/JPY reopened near 161.68 after the weekend gap and has ground higher through the week, printing a chain of higher lows and recovering nearly all of the prior slide from 162.71 to 161.28 — fresh Iran/energy headlines and the wide US-Japan rate gap keeping the yen offered. Price holds above EMA20 with RSI(14) cycling in the 55-65 band on each pullback. The 162.71 prior high caps here, with the 162.84 four-decade high just above as the level drawing intervention chatter.
Support: 162.10, 161.68, 161.28
Resistance: 162.71, 162.84
What it said to watch
H1 close above 162.71 opens the path to the 162.84 40-yr high
Proximity to 162.84 raises MoF intervention risk — a sharp reversal would break the higher-low structure
Failure to hold 162.10 EMA20 would stall the week's grind
Higher lows off Friday's low, capped near 162.46-55.
USDJPY has clawed back the entire Friday flush, rebounding off a double bottom near 161.28 to trade back above 162.40 as safe-haven USD demand on US-Iran risk and firm Fed-hike pricing weighed on the yen. Price holds above EMA20 with RSI(14) cycling in the upper half; the 162.55 prior high has capped the latest push, with the week high at 162.71 and the four-decade high at 162.84 above. Intervention rhetoric ahead of Marine Day is the counterweight into that ceiling.
Support: 162.10, 161.73, 161.28
Resistance: 162.55, 162.71, 162.84
What it said to watch
H1 close above 162.55 opens the path to the 162.71 week high and 162.84 40yr high
Failure to hold 162.10 (ema20) exposes the 161.73 swing low
Verbal/actual MoF intervention near the 40yr high could trigger a sharp reversal
Higher lows since Friday's low, grinding into range top.
USD/JPY has recovered off Friday's 161.28 low back above EMA20 and EMA50, with rate-gap-driven JPY selling resuming after US-Iran escalation firmed the dollar. RSI(14) sits in the low-60s as price grinds toward this week's 162.70 high and the 40-year ceiling at 162.84. The 162.48 session high has capped the latest push in the NY session.
Support: 162.10, 161.75, 161.28
Resistance: 162.48, 162.70, 162.84
What it said to watch
Hourly close above 162.84 40yr high opens fresh highs
Failure to hold 162.10 consolidation reopens 161.75 swing low
MoF/BoJ intervention headlines into Marine Day could trigger a sharp squeeze
19:02 UTC
Recovery uptrend, near range top · RSI 59 · price 162.367
Higher lows since Friday's base, pressing week highs.
USDJPY has rebuilt off Friday's 161.28 low, twice basing near 161.28-161.83 before grinding back above 162.00 through the NY session, with price now holding over EMA20 and EMA50. The move fits the rate-gap plus energy/Iran safe-haven theme keeping JPY on the back foot, though the 40-yr high at 162.84 is the key ceiling into view. RSI(14) sits mid-range near 59, leaving room before overbought.
Support: 162.00, 161.83, 161.28
Resistance: 162.84
What it said to watch
Break and hold above 162.84 40-yr high raises intervention-headline odds
Failure to hold 162.00 psych reopens 161.83 swing low
Loss of 161.83 targets the 161.28 friday low
19:02 UTC
Uptrend resuming after pullback · RSI 56 · price 162.367
Recovered off Friday's low, grinding back toward week highs.
USDJPY bottomed twice near 161.28 into Friday's NY session before recovering back above both EMA20 and EMA50, with the rate-gap and energy/Iran safe-haven bid keeping the pair firm near 162.40. RSI(14) is cycling in the mid-50s as price grinds toward the week high at 162.70, with the four-decade high at 162.84 the standout ceiling. Pullbacks this week have found demand near the EMA20 around 162.10.
Support: 162.10, 161.75, 161.28
Resistance: 162.70, 162.84
What it said to watch
H1 close above 162.84 clears the 40-yr high
Loss of 162.10 ema20 opens 161.75 swing low
Break of 161.28 week low invalidates the double bottom
Intervention rhetoric near 40-yr high could force a sharp squeeze lower
18:02 UTC
Recovery uptrend, near week high · RSI 64 · price 162.463
Double bottom recovery, retracing week's drop.
USDJPY sold off from 162.71 into a 161.28 double bottom mid-week, then recovered almost the entire move to trade back above EMA(20) near 162.46 as USD held bid on safe-haven and Fed-hike pricing while JPY stayed soft near its 40-yr high. RSI(14) is cycling in the low-60s and price is pressing the 162.55 session high with 162.71 the week's ceiling. Pullbacks have held higher lows since the base.
Support: 161.73, 161.28
Resistance: 162.55, 162.71, 162.84
What it said to watch
H1 close above 162.71 opens path to the 162.84 40-yr high
US CPI Tue 12:30 UTC could materially shift this read
Loss of 161.73 reopens the 161.28 double bottom
Intervention rhetoric ahead of Marine Day a JPY-squeeze risk
USDJPY has recovered the entire Friday selloff from 161.28, grinding back above 162.00 as rate-gap-driven JPY selling resumed through the NY session. Price sits above both EMAs with RSI(14) cycling in the 55-62 band on pullbacks, and the 162.70 week high is the last barrier before the 162.84 four-decade high. Higher lows off Friday's base keep the near-term structure constructive into the CPI catalyst.
Support: 162.00, 161.28
Resistance: 162.70, 162.84
What it said to watch
US CPI Tue 12:30 UTC could materially shift this read
A close above 162.84 40-yr high opens the path higher and raises MoF intervention risk
Failure to hold 162.00 psych level breaks the higher-low sequence
Intervention rhetoric ahead of Marine Day could trigger a fast squeeze toward 161.00
USD/JPY opened Monday near 161.68 after Friday's flush to a 161.28 double bottom, and has ground back above 162 through the NY session on the wide US-Japan rate gap and firm dollar. RSI(14) sits near 63 with price above both EMAs, retracing most of the drop; the 162.62 prior high is the immediate cap into the 162.84 four-decade peak. Recovery structure holds as long as the higher-lows sequence off Monday's open stays intact.
Support: 162.00, 161.68, 161.28
Resistance: 162.62, 162.84
What it said to watch
H1 close above 162.62 opens the path back to the 162.84 40yr high
Failure to hold 162.00 psych reopens the 161.68 weekly open and 161.28 weekly low
MoF/BoJ intervention risk builds near 162.84 and could sharply shift this read
Higher lows off double bottom, re-testing week's highs.
USDJPY has clawed back most of the midweek flush that printed a double bottom near 161.28, grinding back above 162.00 through the NY session with RSI(14) cycling into the low-60s. The rate-gap and energy/Iran safe-haven backdrop keeps the yen offered, and price is now pressing the week's swing high at 162.62 with the 40-year high at 162.84 the standout cap. Pullbacks have held the rising higher-low sequence off 161.28.
Support: 162.00, 161.28
Resistance: 162.62, 162.84
What it said to watch
Close above 162.84 40-yr high sharply raises MoF/BoJ intervention risk
Failure to hold 162.00 psych reopens the 161.28 double bottom
BoJ intervention rhetoric ahead of Marine Day holiday could force a fast squeeze
Double bottom off 161.28, higher lows into Monday.
USD/JPY carved a double bottom near 161.28 late Friday and has climbed steadily since Monday's open, back above both EMA(20) and EMA(50) with RSI(14) cycling in the high-50s. The rate-gap bid and safe-haven/energy backdrop keep the pair pressing toward the 162.70 prior high, with the 40-year high at 162.84 the standing cap. Session high at 162.41 has capped the latest push.
Support: 161.75, 161.28
Resistance: 162.41, 162.70, 162.84
What it said to watch
H1 close above 162.41 opens the path to 162.70 and the 162.84 40-year high
Approach to 162.84 sharply raises MoF/BoJ intervention risk
Failure to hold 161.75 week open reopens the 161.28 week low
USDJPY twice held the 161.28 week low late last week before a weekend gap and a steady climb back through 162.00 into the NY session, with JPY soft across the board on the wide rate gap. Price is now pressing the 162.41 day high with RSI(14) around 60 and holding above both EMAs. The 40-year high at 162.84 caps the structure and sits at the centre of intervention chatter.
Support: 162.00, 161.72, 161.28
Resistance: 162.41, 162.84
What it said to watch
Break and hold above 162.84 40yr high raises MoF/BoJ intervention risk
Failure to hold 162.00 round threatens the recovery back toward 161.72
US CPI and Warsh testimony could materially shift this read
15:02 UTC
Uptrend, grinding higher · RSI 62 · price 162.372
Higher lows off week low, testing range top.
USDJPY reopened after the weekend gap above 161.73 and has ground steadily higher through the NY session to 162.37, reclaiming the 162.00 psych pivot with RSI(14) holding in the low-60s. The dominant move earlier in the week was the selloff from the 162.70 week high to 161.28, and price has now retraced most of that on USD safe-haven flows and the wide rate gap keeping the yen pressured. The week high at 162.70 is the next structural marker below the 40-year high at 162.84.
Support: 162.00, 161.73, 161.28
Resistance: 162.70, 162.84
What it said to watch
US CPI Tue 12:30 UTC then Warsh testimony — binary risk for USD
Close above 162.70 opens the path to the 40yr high at 162.84
162.84 also the flagged MoF intervention trigger — sharp reversal risk
Loss of 162.00 pivot would stall the recovery
15:02 UTC
Uptrend, grinding into range highs · RSI 61 · price 162.372
Recovered off double bottom, higher lows.
USD/JPY rebounded from a double bottom at 161.28 and has climbed steadily since Monday's session open, now trading above both EMA20 and EMA50 near the week's high. The pair retraced most of the prior 162.70-to-161.28 drop, with safe-haven USD demand and the wide rate gap keeping the yen on the back foot. The 40-year high at 162.84 stands as the upside marker; supply capped price at 162.70 earlier this week.
Support: 162.00, 161.75, 161.28
Resistance: 162.70, 162.84
What it said to watch
H1 close above 162.70 opens the path to the 162.84 40yr high
Failure to hold the 162.00 pivot exposes 161.75
US CPI Tuesday 12:30 UTC is the week's binary risk for this pair
MoF/BoJ intervention rhetoric near 162.84 could snap the trend
USDJPY has clawed back the sharp mid-week drop that dumped it to 161.28 twice — a double bottom forming after Friday's brief JPY squeeze on GPIF/pension-repatriation talk faded. Price is grinding higher along a rising sequence of higher lows and now sits above both EMAs, with RSI(14) cycling in the mid-range as the 162.35 prior high caps the current push. Broad USD bid and JPY softness keep the multi-decade high near 162.84 in view.
Support: 162.00, 161.75, 161.28
Resistance: 162.35, 162.70, 162.84
What it said to watch
H1 close above 162.35 opens the path back to the 162.70 week high
Failure to hold 162.00 exposes the 161.75 session base
Intervention rhetoric near the 162.84 40-yr high could trigger a sharp JPY squeeze
Higher lows off Monday base after last week's selloff.
USDJPY carved a double bottom near 161.28 late last week and has recovered through Monday's session, printing higher lows off the 161.75 base with price back above EMA20 and EMA50. RSI(14) sits mid-50s as the pair retraces the Monday impulse; the 162.35 week high capped the first push. Yen stayed soft on the rate-gap and energy backdrop, keeping the bid intact near multi-decade highs.
Support: 161.75, 161.28
Resistance: 162.35, 162.70
What it said to watch
US CPI Tue 12:30 UTC is the key USD catalyst and could reset this read
Close above 162.35 opens the path back toward the 162.70 prior high
Loss of 161.75 monday base re-exposes the 161.28 double bottom
Holding above 162.00 within a 162.00-162.35 range.
USD/JPY has clawed back roughly 60% of Friday's ~140pip flush to 161.28, with safe-haven USD demand from Mideast headlines lifting the pair back above the 162.00 pivot into Monday's NY hours. Price is now consolidating in a tight 162.00-162.35 band after a small weekend gap, RSI cycling around the mid-50s. The 40-year high at 162.84 remains the ceiling, with the week high at 162.70 capping ahead of it.
Support: 162.00, 161.75, 161.30
Resistance: 162.35, 162.70, 162.84
What it said to watch
H1 close above 162.35 opens the path to 162.70 then the 162.84 40yr high
162.84 40yr high is a known intervention/jawboning tripwire — prone to sharp reversals
Loss of 161.75 prior support reopens the 161.30 Friday low
USD/JPY has clawed back most of Friday's ~100pip policy-driven reversal to 161.28, trading back above the 162.00 psych level on the renewed USD safe-haven bid. Price is consolidating just under the 162.35 session high with RSI(14) mid-range near 53, holding above EMA(20) and EMA(50). The week high at 162.71 and the 40-year high at 162.84 cap the upside, the latter an intervention tripwire.
Support: 162.00, 161.75, 161.28
Resistance: 162.35, 162.71, 162.84
What it said to watch
H1 close above 162.35 reopens the path to the 162.71 week high
Failure to hold 162.00 exposes 161.75 prior support then the 161.28 friday low
162.84 40-yr high is a natural intervention/jawboning tripwire capping rallies
Waller remarks ~16:30 UTC could shift the USD read intraday
12:02 UTC
Recovery within broader range · RSI 55 · price 162.112
Double bottom off week low, higher lows since.
USDJPY carved a double bottom at 161.30 mid-week and has clawed back above 162.00, holding near the 61.8% retrace of the 162.70-161.28 drop as USD stays firm on the Iran-driven safe-haven bid. Recovery stalled at 162.35 in this session with RSI hovering mid-range; the 40-year high at 162.84 remains the intervention flashpoint overhead. Price is tracking EMA(20) with pullbacks so far shallow.
Support: 161.75, 161.30
Resistance: 162.35, 162.70, 162.84
What it said to watch
US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
H1 close above 162.35 opens the path to 162.70 then the 162.84 40yr high
Failure to hold 161.75 reopens the 161.30 week low
MoF intervention headlines near 162.84 raise two-way whipsaw risk
12:02 UTC
Recovery within broader uptrend · RSI 55 · price 162.112
V-recovery off double bottom, back above 162.00.
USDJPY has clawed back above 162.00 after Friday's Katayama-driven dip to a double bottom at 161.28, with buyers stepping in twice near that zone. Price rallied to 162.35 at Monday's open before easing back, RSI(14) cycling in the mid-50s as it holds above EMA(20). The 40-year high at 162.84 remains the ceiling capping the pair.
Support: 161.75, 161.30
Resistance: 162.35, 162.84
What it said to watch
US CPI Tue 12:30 UTC is the week's dominant catalyst and could reset this read
H1 close above 162.35 opens the path back toward the 40yr high at 162.84
Failure to hold 161.75 reopens the 161.30 double bottom
Intervention risk intensifies on any approach to 162.84
USDJPY carved a double bottom at 161.28 after the mid-week flush from 162.70, and has since ground back above 162.00 on the persistent US-Japan yield gap and a firm USD. Buyers stepped in twice at the 161.75 cluster, and RSI(14) has recovered to the mid-50s without pushing overbought; the week high at 162.35 has capped the latest attempt. Price sits just above EMA20 with the 40-year high at 162.84 the next reference overhead.
Support: 161.75, 161.28
Resistance: 162.35, 162.84
What it said to watch
US June CPI Tue 12:30 UTC is the week's key catalyst and could reshape this read
A break above 162.84 opens fresh intervention-risk territory
Failure to hold 161.75 reopens the 161.28 double-bottom low
11:02 UTC
Recovering after Friday selloff · RSI 55 · price 162.066
Higher lows off double bottom, back above 162.00.
USD/JPY sold off hard Thursday-Friday into a 161.28 double bottom as Katayama's repatriation push lifted the yen, then recovered through the weekend gap to reclaim 162.00 on the Monday USD safe-haven bid. RSI(14) has cycled back to the mid-50s and price is holding above EMA(20) and EMA(50), with higher lows building since the base. The 162.33 session high has capped this week's rebound so far.
Support: 161.75, 161.28
Resistance: 162.33, 162.70, 162.84
What it said to watch
US CPI Tue 12:30 UTC is the week's key catalyst and could reset this read
Close above 162.33 opens the path toward 162.70 and the 162.84 40yr high
Failure to hold 161.75 reopens the 161.28 double bottom
162.84 40yr high — area to watch for intervention headline risk
10:02 UTC
Recovering off the lows, back above 162 · RSI 53 · price 162.004
Double bottom near 161.30, retesting 162.
USD/JPY based twice near 161.30 — a double bottom — before recovering back above 162 on renewed dollar safe-haven demand tied to Mid-East risk. Price is now hovering around the EMA20 after being capped at the 162.35 swing high, with prior s/r at 161.75 acting as the recovery pivot. The 162.50 multi-decade high remains the ceiling, with intervention risk flagged above it.
Support: 161.75, 161.30
Resistance: 162.35, 162.50
What it said to watch
H1 close above 162.35 swing high opens the path to the 162.50 decade high
Failure to hold 161.75 prior s/r reopens the double btm near 161.30
US CPI Tue 12:30 UTC could materially shift this read
Double bottom off 161.28, consolidating under 162.50.
USD/JPY rebounded off the 161.30 area twice last week and re-opened above 162.00 through the weekend gap, dollar carried by the Iran safe-haven bid and firm Fed pricing. Price is holding above EMA20 but the 162.35 session high has capped this week's recovery, with RSI(14) cycling mid-range near 52. Supply into the 162.50 multi-decade high remains the dominant cap.
Support: 161.75, 161.30
Resistance: 162.35, 162.50
What it said to watch
US CPI Tue 14 Jul 12:30 UTC could materially shift this read
A sustained break above 162.50 lifts intervention risk into the decade high
Failure to hold 161.75 gap area reopens the 161.30 week low
09:02 UTC
Recovering after sharp selloff · RSI 57 · price 162.085
Double bottom off 161.28, higher lows.
USD/JPY was slammed from the 162.70 week high down to a 161.28 double bottom as the yen caught a bid on Katayama's pension-repatriation talk and intervention chatter. Price has since clawed back above EMA(20) and EMA(50) with RSI(14) cycling back near 57, but the 162.34 swing high has capped the latest push. The recovery is holding higher lows off 161.28.
Support: 161.75, 161.28
Resistance: 162.34, 162.50, 162.70
What it said to watch
H1 close above 162.34 opens the path back toward the 162.50 multi-decade high
Loss of 161.75 support cluster re-exposes the 161.28 double bottom
US CPI Tue 12:30 UTC is the key rate-gap catalyst and could reshape this read
Double bottom off week low, consolidating under range top.
USD/JPY sold off from the 162.70 week high to a 161.28 double bottom as JPY caught a bid on Katayama's pension-repatriation talk and intervention chatter, before recovering through the week back above EMA20/EMA50. Price now consolidates around 162.08, holding below the 162.50 multi-decade high with RSI(14) cycling in the mid-50s. The 162.35 recent high has capped the latest push.
Support: 161.75, 161.68, 161.28
Resistance: 162.35, 162.50, 162.70
What it said to watch
H1 close above 162.50 tests the decade high and raises intervention risk
Failure to hold 161.75 reopens the 161.28 double bottom
US CPI Tue 12:30 UTC is the key rate-gap catalyst and could reset this read
Friday's session dumped USDJPY from 162.40 to 161.28 on Katayama repatriation talk, with Monday reopening at 161.68 and grinding back above EMA20 through the NY session to retest 162.35. Price now sits near the 61.8% retrace of that drop, capped so far under the 162.50 multi-decade high. RSI(14) has cycled back to the mid-50s as the recovery matured, but the pair remains boxed between 161.75 support and the 162.35–162.50 ceiling.
Support: 161.75, 161.28
Resistance: 162.35, 162.50
What it said to watch
H1 close above 162.50 tests intervention-risk territory flagged in context
Loss of 161.75 support cluster reopens the 161.28 swing low
US CPI Wed 12:30 UTC is the dominant catalyst and could reset this range read
Double bottom at 161.28, retracing prior week's drop.
USD/JPY faded from Wednesday's 162.70 week high to 161.28 on FinMin Katayama's pension-repatriation comments, carving a double bottom that has since drawn buyers back toward 162.10 through Monday's session. Price has reclaimed EMA20 with RSI(14) recovering into the mid-50s. The 162.50 multi-decade high still caps the week and remains an intervention-sensitive zone.
Support: 161.75, 161.28
Resistance: 162.50, 162.70
What it said to watch
H1 close above 162.50 tests the multi-decade high and invites intervention headlines
US CPI Wed 12:30 UTC is the dominant rate-gap catalyst for this pair
Loss of 161.75 reopens the 161.28 double-bottom low
07:02 UTC
Rebound within weekly range · RSI 60 · price 162.236
Double bottom near 161.28, retesting mid-range.
Price sold off from last week's 162.70 high to a 161.28 double bottom after FinMin Katayama's pension-repatriation remarks lifted JPY broadly. Since then USDJPY has carved higher lows and reclaimed both H1 EMAs, recovering to 162.24 with RSI(14) back near 60. The 162.50 multi-decade high remains the capping level overhead — the same zone flagged as an MoF intervention trigger.
Support: 161.75, 161.28
Resistance: 162.50, 162.70
What it said to watch
US CPI Tue 12:30 UTC (core MoM f/c 0.3%) could materially shift this read
H1 close above 162.50 clears the mof zone and reopens the week high
Failure to hold 161.75 puts the 161.28 double bottom back in play
07:02 UTC
Recovering off Friday's low · RSI 60 · price 162.236
Double bottom base, higher lows into range top.
USDJPY sold off ~140 pips into Friday to a 161.28 low after Katayama's pension-repatriation remarks and a softer USD, but a matched low near 161.28 formed a double bottom that has held. Price gapped higher into this week's open and has ground back above EMA(20)/EMA(50) toward the 162.50 multi-decade cap that stalled last week. RSI(14) sits near 60 with the recovery intact.
Support: 161.80, 161.50, 161.28
Resistance: 162.50
What it said to watch
Hourly close above 162.50 opens the multi-decade high zone and MoF intervention risk
Failure to hold 161.80 exposes the 161.50 friday low and 161.28 double bottom
US CPI Tue 12:30 UTC could materially reset this read via the yield gap
Double bottom near 161.28, higher lows into Monday.
USDJPY sold off hard late last week from the 162.70 week high down to a double bottom near 161.28 as FinMin Katayama's repatriation talk and a softer USD forced a partial carry unwind. Monday's session has ground the pair back up through 161.75 to 162.24, printing higher lows with RSI(14) recovering toward 60. The 162.50 multi-decade high remains the ceiling and intervention-trigger area; recovery holds while 161.75 caps as support.
Support: 161.75, 161.28
Resistance: 162.50, 162.70
What it said to watch
US CPI Tue 12:30 UTC is the week's dominant catalyst and could reset this read
Push back above 162.50 spikes MoF intervention headline risk
Loss of 161.75 pivot re-exposes the 161.28 double bottom
USDJPY sold off sharply into Friday's session, dropping from 162.70 to 161.28 as JPY was bid on Katayama's domestic-repatriation talk alongside a softer USD. Price has since recovered above EMA(20) through this week's open, reclaiming 162.24 with RSI(14) back near 60. The 161.28 double bottom held twice and 162.50 remains the capped ceiling.
Support: 161.75, 161.28
Resistance: 162.50, 162.70
What it said to watch
H1 close above 162.50 marks a week-high retest and raises MoF intervention headline risk
Failure to hold 161.75 pivot reopens the 161.28 week low
US CPI Tue 12:30 UTC is the week's dominant catalyst for the yield gap
05:02 UTC
Recovering from midweek low, capped below record high · RSI 57 · price 162.07
Double bottom at 161.28, 161.75 pivot reclaimed.
USDJPY sold off from the 162.70 week high to a double bottom near 161.28 midweek before the Katayama repatriation story and a soft dollar drove the yen bounce; price has since recovered through the 161.75 pivot to 162.07. Post-weekend bars have printed higher lows above EMA20 with RSI(14) cycling back near 57. The 162.50 multi-decade high remains the ceiling — an area to watch given intervention risk.
Support: 161.75, 161.28
Resistance: 162.50, 162.70
What it said to watch
H1 close back below 161.75 reopens the 161.28 double bottom
US CPI Tue 12:30 UTC is the main catalyst for the yield-gap read
05:02 UTC
Recovering off last week's sell-off low · RSI 61 · price 162.07
V-shaped bounce below multi-decade high.
USDJPY sold off hard late last week from the 162.70 multi-decade high to a 161.28 low as Katayama's repatriation talk and a softer USD pressured the pair. This week opened near 161.68 and has ground back to 162.07, retracing roughly half of that drop with RSI(14) recovering through 60. The 162.50 multi-decade high and intervention zone caps the upside; 161.75 former support now underpins the rebound.
Support: 161.75, 161.28
Resistance: 162.50
What it said to watch
US CPI Tue 12:30 UTC — soft monthly print threatens the carry bid and this recovery
Push back above 162.50 spikes MoF intervention headline risk rather than clean extension
Failure to hold 161.75 reopens the 161.28 swing low
USD/JPY sold off sharply late last week, cutting through 161.30 as FinMin Katayama's domestic-reallocation talk handed the yen a bid, before a double bottom near 161.28 stemmed the decline. Price has recovered into the new session, reclaiming EMA(20) and printing higher lows off the base, though it is still working back toward the EMA(50). The 162.40-162.50 intervention zone remains the ceiling that capped last week's advance.
Support: 161.68, 161.28
Resistance: 162.50
What it said to watch
H1 close above 162.50 re-enters the intervention trigger zone
Loss of 161.68 weekly open reopens the 161.28 double bottom
US CPI Jul 14 12:30 UTC a material risk to this read
USDJPY topped near the 162.70 multi-decade high mid-week before a sharp two-session selloff to 161.28 as FinMin Katayama's domestic-reallocation talk and a softer dollar gave the yen a bid. Price has since clawed back to 162.07 into the Asia session, with RSI(14) recovering through the mid-line and price back above EMA20/50. The 161.28 low held twice, while the 162.50 area caps upside as the flagged intervention zone.
Support: 161.80, 161.28
Resistance: 162.50, 162.70
What it said to watch
US CPI Tue 12:30 UTC is the fulcrum for the carry gap and could materially shift this read
H1 close above 162.50 pushes into the intervention trigger zone
Loss of 161.80 pivot re-exposes the 161.28 week low
03:02 UTC
Recovering off week lows, short-term up · RSI 60 · price 162.074
Double bottom off 161.28, higher lows since.
USDJPY sold off sharply from the 162.70 week high to 161.28 as Katayama's domestic-reallocation comments and a softer dollar gave the yen a bid, printing a clean double bottom near 161.28. Price has since recovered above EMA20 with higher lows building and RSI(14) cycling back toward 60. The 162.45 prior high — the flagged intervention zone — capped last week's advance and remains the upside pivot.
Support: 161.50, 161.28
Resistance: 162.45, 162.70
What it said to watch
US CPI Tue 12:30 UTC is the week's key catalyst and can materially shift this read
Reclaim of 162.45 re-enters the multi-decade high / intervention zone
Loss of 161.50 pivot voids the double-bottom recovery and reopens 161.28
03:02 UTC
Recovery off mid-week low · RSI 58 · price 162.074
Double bottom, retracing the week's drop.
JPY strengthened mid-week on Katayama's domestic-reallocation talk, dragging USDJPY from the 162.70 week high down to a 161.28 double bottom over two sessions. Price has clawed back above EMA20 and EMA50 after the weekend gap, retracing roughly half the drop with RSI cycling back near 58. The 162.40-162.50 intervention zone that capped last week remains the ceiling.
Support: 161.28
Resistance: 162.45, 162.70
What it said to watch
Sustained move into 162.40-162.50 intervention zone risks MoF verbal/actual response
Loss of 161.28 double bottom opens a fresh lower low
US CPI Tue 12:30 UTC is the week's key catalyst for this pair
Double bottom off Friday low, higher lows into new week.
USDJPY peaked near 162.70 mid-week before a sharp Friday break through 162 to 161.28, driven by FinMin Katayama's repatriation comments and softer FOMC minutes. Twin lows at 161.28/161.32 mark a double bottom; the new week opened 161.677 and has recovered toward the 162.17 day high with RSI(14) cycling back to neutral. Price sits above EMA(20) but capped under EMA(50), keeping this a recovery within the broader multi-decade-high approach.
Support: 161.75, 161.677, 161.28
Resistance: 162.17, 162.50
What it said to watch
Hold above 161.75 pivot keeps the recovery higher-lows intact
H1 close above 162.17 day high opens the path back toward 162.50
162.50 multi-decade high is the intervention zone — area to watch for rejection
US CPI Tue 12:30 UTC is the week's key catalyst for this pair
Double bottom near 161.28, recovering into week open.
USDJPY topped at 162.71 midweek before a sharp two-leg sell-off through 162.00 after FinMin Katayama's GPIF repatriation comments firmed the yen, bottoming twice near 161.28. Price has since recovered off those lows and reclaimed the 161.75 pivot into the new week's open, printing 162.10 before easing back to 161.97 — roughly the 50% retrace of the midweek drop.
Support: 161.75, 161.28
Resistance: 162.10, 162.50, 162.71
What it said to watch
US CPI Tue 12:30 UTC is the week's key catalyst and can materially shift this read
H1 close above 162.10 opens the path back toward the 162.50 intervention zone
Failure to hold 161.75 re-exposes the 161.28 double-bottom lows
USDJPY topped near 162.70 midweek then dropped hard through 162 toward the 161.28 week low after FinMin Katayama's pension-repatriation comments Friday. Two matched lows at 161.28/161.32 built a double bottom, and price has since recovered through the weekend gap back above EMA20/EMA50 to 162.13 — roughly the 61.8% retracement of the drop. RSI(14) has cycled back to the mid-50s as buyers stepped in off the lows.
Support: 161.75, 161.28
Resistance: 162.50, 162.70
What it said to watch
US CPI Tue 12:30 UTC is the week's key catalyst and could reset this read
162.50 intervention zone — area to watch for rejection or break
Failure to hold 161.75 reopens the 161.28 week low
01:02 UTC
Recovering off week low · RSI 58 · price 162.132
Double bottom, mid-range rebound.
USDJPY sold off through 162 on Friday after FinMin Katayama's pension-repatriation comments, printing a double bottom near 161.28 as intervention jitters capped the weak-yen grind. Price has recovered to 162.13 into Monday's Asia session, back above the reclaimed 161.75 pivot with RSI(14) lifting off oversold toward the mid-50s. The 161.28–162.70 band still frames the week; 162.50 marks the multi-decade high and cited intervention zone above.
Support: 161.75, 161.28
Resistance: 162.50, 162.70
What it said to watch
US CPI Tue 12:30 UTC is the week's key catalyst and could reset this read
H1 close above 162.50 re-enters the intervention zone toward 162.70 week high
Failure to hold 161.75 pivot reopens the 161.28 double bottom
Lower highs after Friday reversal; double bottom base at 161.28.
USD/JPY reversed sharply Friday after FinMin Katayama's pension-repatriation comments, dragging the pair off the 162.70 week high down to a double bottom at 161.28. The new week opened with a modest bounce that stalled at the 162.06 session high and faded back toward 161.90. Price sits just under EMA50 with RSI(14) recovering to the midline after the flush.
Support: 161.28
Resistance: 162.06, 162.50, 162.70
What it said to watch
H1 close back above 162.50 re-enters the intervention line zone
Loss of the 161.28 double bottom confirms a lower low
US CPI Tue 12:30 UTC could materially shift this read
The week climbed to a 162.70 high mid-week before Friday's Katayama pension-repatriation talk triggered a sharp reversal down to the 161.28 week low. Price has since twice held near 161.28, forming a double bottom, and the bounce has reclaimed EMA20 while EMA50 near 162.05 still caps. RSI(14) has recovered back to the mid-50s off oversold as the recovery stalls just under 162.
Support: 161.28
Resistance: 162.05, 162.50
What it said to watch
Reclaim of 162.05 ema50 opens the path back toward the 162.50 intervention line
Failure to hold 161.28 week low confirms a lower low and breaks the double bottom
US CPI Tue 12:30 UTC is the week's swing event and could materially shift this read