USD/JPY AI Live Scan, 1-hour chart, Tuesday, 14 July 2026
Every read JAFX AI made on the USD/JPY 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:02 UTC
Choppy, recovering off lows · RSI 53 · price 162.234
Range between wk low and wk high.
USDJPY has chopped sideways this week: a double bottom near 161.28 held twice, then price recovered toward the 162.47 week high where two attempts stalled. Thursday's slide to the session low around 161.60 was bought back and demand stepped in again near 161.90, leaving spot consolidating in the low-162.20s just under the 40-yr high at 162.84. The pullback to 162.20s reflects a softer USD after the broad June CPI miss, with intervention risk elevated at these levels.
Support: 161.90, 161.60, 161.28
Resistance: 162.47, 162.84
What it said to watch
Hourly close above 162.47 opens the path toward the 40yr high 162.84
Failure to hold 161.90/161.60 re-exposes the 161.28 double bottom
US PPI cluster Wed 12:30 GMT could materially shift this read
23:02 UTC
Range-bound near 40-yr high · RSI 52 · price 162.234
Choppy consolidation, two dips bought.
USDJPY is consolidating in the low 162.00s after two flushes this week — first toward 161.28, then a NY-session drop to 161.60 that was bought back. The softer June US CPI print capped dollar upside, but persistent yen weakness keeps price pinned just under the 162.48 cap and the four-decade high at 162.84. RSI(14) sits mid-range around 52 with price hugging EMA20.
Support: 162.00, 161.60, 161.28
Resistance: 162.48, 162.84
What it said to watch
H1 close above 162.48 opens the path to the 162.84 40-yr high
Failure to hold 161.60 confirms a lower low toward 161.28
US PPI Wed 12:30 GMT could materially shift this read
USDJPY flushed to 161.28 early in the window then recovered the whole move to retest 162.48, and has since coiled in the low-162s. A sharp NY-session dip to 161.60 came as the dollar softened on the broad June US CPI miss, but the pair reclaimed 162 into the close. Price sits just above EMA20/EMA50 with RSI hovering near 51 — a balanced range, not an impulse.
Support: 161.60, 161.28
Resistance: 162.48, 162.70
What it said to watch
Hourly close above 162.48 opens the path to the 162.70 intervention zone
Failure to hold 161.60 reopens the 161.28 week low
Fed Warsh testimony (Wed 14:00 GMT) could materially shift this read
Range-bound between 161.28 and 162.48 all week, with the soft US CPI miss driving a sharp drop to the 161.60 swing low during the NY session before buyers recovered it back above the 162.00 round number. Price now sits just above EMA(20) with RSI(14) mid-range near 53. The week high at 162.46 has capped the latest push, keeping the broader range intact.
Support: 162.00, 161.60, 161.28
Resistance: 162.46, 162.80
What it said to watch
H1 close above 162.46 week high opens the path toward the 162.80 40yr high, where intervention risk sits
Failure to hold the 162.00 round number reopens the 161.60 swing low
Core PPI and Warsh testimony Wed could materially shift this read
21:02 UTC
Range within uptrend, momentum flat · RSI 52 · price 162.259
Recovered after CPI dip, holding mid-162s.
USDJPY spiked lower to 161.60 during NY hours after the soft US June CPI miss, then clawed back into the mid-162s and is now consolidating just above EMA(20). Price remains capped well below the 162.78 supply band and the 162.84 four-decade high, with the pair boxed inside its established 160.60-163.00 weekly range. RSI(14) sits near 51, reflecting the flat, two-way tone.
Support: 162.00, 161.60, 160.60
Resistance: 162.48, 162.78, 162.84
What it said to watch
H1 close above 162.48 opens the path back to the 162.78 supply band
Failure to hold 162.00 exposes the 161.60 cpi low again
Wed PPI (12:30 UTC) and Warsh testimony (14:00 UTC) could materially shift this read
Intervention risk stays live near the 162.84 40yr high
20:02 UTC
Ranging, no clear trend this week · RSI 52 · price 162.214
Range 161.60–162.48, holding above the CPI low.
USDJPY has ranged 161.60–162.48 this week after an early slide to the 161.28 week low. Today's soft US June CPI knocked the pair down to 161.60 during the NY session before buyers recovered it back above 162.20 into the close. Price sits near EMA(20) with RSI(14) mid-range around 52; the 162.48 area has capped attempts twice this week.
Support: 161.60, 161.28
Resistance: 162.48, 162.61, 162.84
What it said to watch
H1 close above 162.48 opens 162.61 week high, then the 162.84 40-year zone flagged as intervention risk
Failure to hold 161.60 exposes the 161.28 week low; higher lows off that base intact above it
PPI Wed 12:30 GMT and Warsh testimony could materially shift this read
Choppy week inside a 161.28–162.48 range; soft US June CPI drove a sharp drop to the 161.60 area before buyers reclaimed the level back to 162.20. Price now sits on EMA20 with RSI(14) balanced near 50, capped below the 162.48 week high. The 162.84 40-year low remains the upside cap and flagged intervention zone.
Support: 161.90, 161.60, 161.28
Resistance: 162.48, 162.84
What it said to watch
Wed PPI and Warsh testimony could materially shift this read
H1 close above 162.48 opens the 162.84 intervention zone
Failure to hold 161.90 re-exposes 161.60 and the 161.28 week low
19:02 UTC
Range, recent pullback · RSI 46 · price 162.187
Capped near week highs, holding mid-range.
USD/JPY has churned within a 161.28–162.64 band all week, with the recovery off the week low twice stalling near 162.48 before this session's pullback toward 162.19. The soft US June CPI print eased the dollar, capping the rebound just shy of the week high. Price now sits back below EMA(20) with RSI(14) mid-range, keeping the read range-bound.
Support: 162.00, 161.60, 161.28
Resistance: 162.48, 162.64, 162.84
What it said to watch
H1 close above 162.48 opens the week high 162.64 and the 40yr high near 162.84
Failure to hold 162.00 exposes the 161.60 recent low
PPI Wed 12:30 GMT and intervention risk near 162.84 could shift this read
USD/JPY has spent the week boxed in a broad 161.28–162.63 range, twice failing to test the 162.84 40-year high. The soft US June CPI print drove a sharp flush to 161.60 in NY hours before buyers recovered price back to 162.19, leaving it mid-range and just under EMA(20). RSI(14) has cycled back to neutral near 49 as the recovery stalled below the week high.
Support: 162.00, 161.60, 161.28
Resistance: 162.48, 162.63, 162.84
What it said to watch
Hourly close above 162.48 reopens the path to the 162.84 40-year high
Loss of 162.00 exposes the 161.60 cpi low and week low at 161.28
PPI Wed 12:30 GMT and Warsh testimony could materially shift this read
18:02 UTC
Consolidation near range highs · RSI 48 · price 162.187
Rangebound below 162.84, higher lows off week low.
USD/JPY sold off toward 161.60 after the soft June CPI print undercut the dollar, then recovered to reclaim 162.00 and sit just under EMA20. Price remains penned in the 160.60–162.84 band with the four-decade high untested and RSI(14) neutral near 48. Rejection at 162.46 has capped the bounce so far this session.
Support: 161.90, 162.00, 161.28
Resistance: 162.46, 162.84
What it said to watch
Warsh testimony and PPI batch on Jul 15 could materially shift this read
Hourly close above 162.46 reopens the path to the 162.84 40yr high
Failure to hold 161.90 swing low reopens 161.28 week low
Intervention risk elevated into the 162.84 four-decade high
USDJPY has held a 161.28–162.55 band all week, pinned just under the 162.84 four-decade high. The soft US CPI print today drove a dip to 161.60 before demand stepped in and pulled the pair back to 162.19, leaving price near EMA(20) with RSI(14) hovering around the mid-line. Today's higher low above the week low keeps the recovery intact while resistance at 162.46 caps.
Support: 161.60, 161.28
Resistance: 162.46, 162.70, 162.84
What it said to watch
H1 close below 161.60 opens the week low at 161.28
Break above 162.46 exposes the 162.70–162.84 resistance band
Core PPI and Warsh testimony (Jul 15) could reset this range
17:02 UTC
Pullback off week high after CPI · RSI 48 · price 162.119
Week uptrend broken, consolidating below EMA20.
USDJPY climbed off Monday's open through midweek to a 162.48 week high before the soft US June CPI print knocked the dollar, driving a sharp drop to 161.60. Price has since clawed back roughly two-thirds of that move to 162.12 but sits below EMA20 with RSI cycling mid-range near 48. The week's ascending support line was broken on the CPI candle; 162.48 caps the upside while 161.83 held on the recovery.
Support: 161.83, 161.60, 161.28
Resistance: 162.48, 162.80
What it said to watch
H1 close above 162.48 week high reopens the 162.80 40yr high
Failure to hold 161.60 cpi low confirms a lower low toward the 161.28 week low
US PPI at 12:30 GMT tomorrow could revive the hawkish USD trade and shift this read
USDJPY has held a range below the 162.46 prior high all week after stalling shy of Monday's 162.64 top. The soft US June CPI print knocked price off 162.27 to the 161.60 cpi low before demand recovered it back above 162.00; price now sits just under EMA(20) with RSI(14) hovering near 50. Structure remains rangebound between 161.60 and 162.46.
Support: 162.00, 161.60
Resistance: 162.46, 162.64
What it said to watch
H1 close above 162.46 exposes the 162.64 week high
Loss of 162.00 reopens the 161.60 cpi low
US PPI and Fed Williams tomorrow could shift this range read
USD/JPY has churned inside the 161.28-162.63 range all week, with the soft June US CPI print capping the dollar and easing the pair back off the recent 162.46 highs. A drop into the NY session took price to 161.60 before it recovered to 162.16, now sitting just under the EMA(20) at 162.25. RSI(14) near 47 reflects the two-way, rangy tone rather than clear direction.
Support: 161.603, 161.284
Resistance: 162.25, 162.465, 162.636
What it said to watch
Reclaim of EMA20 162.25 and prior high 162.465 needed to re-attempt the range top
Hourly close below 161.60 swing low opens 161.28 week low toward the 160.60 range floor
US PPI on Jul 15 12:30 UTC could materially shift this read
Intervention risk near the 162.84 high caps upside on any break
16:02 UTC
Range-bound near 40-yr highs · RSI 45 · price 162.161
Range, pullback off session high.
USD/JPY has held a 161.28-162.65 range all week, pinned near four-decade highs as the soft US June CPI capped the dollar just as it firmed on hawkish Waller commentary and higher oil. Price was rejected at 162.48 into the NY session before a sharp high-volume drop to 161.60, from which it has since recovered to 162.16. RSI(14) sits mid-range around 45 with price back below EMA20 but holding above EMA50.
Support: 161.60, 161.28
Resistance: 162.48, 162.65, 162.84
What it said to watch
H1 close above 162.65 week high opens the 162.84 40-yr high, where intervention risk rises
Failure to hold 161.60 swing low exposes the 161.28 week low
US core PPI on Jul 15 12:30 UTC could materially shift this read
15:02 UTC
Pullback from weekly highs after CPI · RSI 41 · price 161.994
Lower highs, testing week low.
USDJPY held above 162 for most of the week and stalled repeatedly into 162.48 before June's soft US CPI print dragged the dollar lower, driving an H1 impulse down to 161.60 on heavy activity. Price has since steadied around 161.99, sitting below both EMA20 (~162.25) and EMA50 after the break of the week's range. RSI(14) has cycled into the low 40s, tracking the reversal off the weekly high.
Support: 161.60, 161.28
Resistance: 162.25, 162.48
What it said to watch
H1 close below 161.28 confirms a lower low versus the week low
Reclaim of the 162.25 EMA20 would negate the CPI pullback
Wed PPI (12:30 GMT) and ongoing Fed testimony could shift this read
USDJPY has spent the week boxed between the 161.28 week low and the 162.67 weekly open, with a midweek recovery stalling at the 162.48 session high. The soft US June CPI print knocked price off 162.37 to a 161.60 today low before a shallow bounce back to 161.99, leaving it under EMA20 with RSI cycling into the low 40s. The rebound off Friday's 161.28 base keeps the range intact but momentum has rolled over on this leg.
Support: 161.60, 161.28
Resistance: 162.37, 162.48, 162.67
What it said to watch
Hourly close below 161.28 confirms a lower low and breaks the week range
Reclaim of 162.37 day high needed to re-open the 162.48/162.67 top
Fed speakers this afternoon and Wed PPI could materially shift this read
162.70/162.84 remains a documented intervention zone
14:02 UTC
Uptrend stalling, pulling back · RSI 33 · price 161.911
Range near 40yr highs, downside break.
USDJPY held a 162.0-162.5 range near the 40-yr-high zone all week, then broke lower into the NY session to 161.60 after soft June US CPI undercut the USD rally. Price now sits below both EMA20 and EMA50 with RSI(14) into oversold at ~33. The 162.25 range floor flips to overhead resistance while 161.28 (Friday's low) is the next structural support.
Support: 161.60, 161.28
Resistance: 162.25, 162.48, 162.70
What it said to watch
H1 close back above 162.25 range floor reopens the 162.48 session high and 162.70 intv zone
Failure to hold 161.28 fri low confirms a lower low
Warsh testimony and Wed US PPI could materially shift this read
14:02 UTC
Range breaking lower, momentum down · RSI 40 · price 161.911
Week's range top rejected, price back at range floor.
USDJPY spent the week penned in a 161.28-162.48 band before the soft US CPI print knocked it off 162.20 into a 161.60 session low, closing back at the range floor near 161.91. Price is now below both EMA20 and EMA50 with RSI(14) rolling under 40, the first sustained downside pressure of the week. The 162.48 top was rejected twice before this leg lower.
Support: 161.60, 161.28
Resistance: 162.20, 162.48, 162.84
What it said to watch
H1 close below 161.28 confirms a lower-low versus Friday
Reclaim of 162.20 puts the range read back in play
Warsh testimony / Wed US PPI could materially shift this read
162.70/162.84 remains the flagged intervention zone on any squeeze
USDJPY ground higher from Monday's open toward the 162.48 swing high but was rejected there, then broke the two-day 162.28-162.48 range with a sharp drop into the US CPI print, tagging 161.60. The soft/in-line CPI reaction pressured the dollar and dragged price back below both EMAs, with RSI(14) rolling under 50. The prior range floor at 162.28 now caps as resistance.
Support: 161.60, 161.28
Resistance: 162.28, 162.48
What it said to watch
Loss of 161.60 session low opens the path toward 161.28 week low
Reclaim of 162.28 prior range floor would neutralise the breakdown
Fed Warsh testimony at 14:00 UTC could materially shift this read
13:02 UTC
Uptrend stalling, rolling over · RSI 41 · price 161.875
Consolidation below 162.48, breaking lower.
USDJPY spent midweek grinding in a 162.20–162.48 band just shy of the 40-yr top, but sold off sharply on the 12:00 UTC bar as the soft US June CPI print offered the dollar. Price sliced back below EMA20 to tag 161.60 before stabilising near 161.88, with RSI(14) rolling toward 40. The prior-high shelf at 162.48 has now capped the week and is the pivot to reclaim.
Support: 161.60, 161.28
Resistance: 162.48, 162.84
What it said to watch
US CPI just released drove the drop; Warsh testimony at 14:00 UTC could materially shift this read
Hourly close below 161.60 session low opens 161.28 week low
Reclaim of 162.48 prior high re-opens the 162.84 40-yr top
The recovery off Monday's 161.28 weekly low back toward the 162.48 week high has stalled, with two attempts capped there before this pullback. RSI has cooled toward the mid-40s and price has slipped under EMA(20), though it holds above EMA(50). USD/JPY stays pinned near 40-year highs, the pair offered into US June CPI.
Support: 162.05, 161.28
Resistance: 162.48, 162.84
What it said to watch
US June CPI at 12:30 UTC could materially shift this read
Close above 162.48 week high opens the path to the 162.84 40yr high
Failure to hold 162.05 swing low reopens the range floor at 161.28
Higher lows off Thursday's dip, capped below 162.48.
USD/JPY has clawed back from Thursday's flush to 161.28, grinding higher through the last two NY sessions on the wide rate gap and firmer dollar. Price stalled at 162.48 and has since eased to 162.20, slipping under EMA(20) as RSI(14) cools toward 45. The week's recovery structure holds above EMA(50), but the pullback keeps price boxed between 162.48 resistance and the 162.05 swing low.
Support: 162.05, 161.63, 161.28
Resistance: 162.48, 162.70
What it said to watch
US June CPI at 12:30 UTC (15:30 broker) is the main near-term catalyst and could reset this read
H1 close above 162.48 reopens the path toward the 162.70 prior high
Failure to hold 162.05 confirms a lower-low and exposes 161.63
11:02 UTC
Consolidation after mid-week recovery · RSI 47 · price 162.266
Ranging below week high, easing under EMA20.
Price recovered off last week's 161.28 low and pressed the 162.48 week high before stalling, with two attempts there capped. It has since slipped back under the EMA20 near 162.33 as the dollar squared up ahead of US CPI, leaving spot mid-range around 162.27 and holding the 162.05 swing low.
Support: 162.05, 161.28
Resistance: 162.33, 162.48, 162.84
What it said to watch
US June CPI at 12:30 GMT is the immediate driver for this pair
Hourly close above 162.48 opens the path back to the 162.84 40yr high
Failure to hold 162.05 swing low exposes a retest toward the 161.28 week low
Reclaiming the EMA20 near 162.33 would firm the recovery structure
Recovered off midweek low, consolidating below range top.
USDJPY rebuilt from Wednesday's 161.28 week low and pressed back toward 162.48, where supply capped the move into yesterday's NY session. Price has since eased below EMA20 and is drifting in the 162.05–162.48 band with RSI(14) mid-range as the dollar squares up ahead of US CPI. The 40-year high at 162.84 caps the broader structure.
Support: 162.05, 161.75, 161.28
Resistance: 162.48, 162.70, 162.84
What it said to watch
H1 close above 162.48 opens the path toward the 162.70 week high and 162.84 40yr high
Failure to hold 162.05 exposes the 161.75 swing low
US CPI at 12:30 GMT and Warsh testimony at 14:00 GMT could materially shift this read
Intervention risk near 162.84 remains a squeeze catalyst
Higher lows off week low, capped below recent high.
USDJPY carved a rounded recovery from the 161.28 week low through Wednesday-Thursday, reclaiming 162.00 psych and stretching to a 162.48 recent high before this NY-session pullback dragged price back to 162.17 and under EMA(20). RSI(14) has cooled to the mid-40s as the advance loses steam, but higher lows remain intact above 161.63. The week high at 162.70 and the 162.84 40-year high still cap the topside.
Support: 162.00, 161.63, 161.28
Resistance: 162.48, 162.70, 162.84
What it said to watch
US June CPI at 12:30 GMT and Warsh testimony at 14:00 GMT could materially shift this read
H1 close below 162.00 psych exposes 161.63 and the 161.28 week low
Reclaim of 162.48 recent high reopens the path to 162.70 and the 162.84 40yr high
USDJPY rebuilt from the mid-week low at 161.28 to cap twice near 162.48 before rolling back to 162.17, keeping the pair pinned just under the 40-year high zone as JPY stays structurally weak. Price has slipped below the EMA(20) with RSI(14) easing toward mid-40s, and the recent low at 162.05 is now the pivot the pullback is leaning on. The dominant risk is US June CPI at 12:30 GMT.
Support: 162.05, 161.63, 161.28
Resistance: 162.48, 162.70
What it said to watch
US CPI at 12:30 GMT can materially shift this read
H1 close below 162.05 opens the path toward 161.63 week low
Reclaim of 162.48 week cap reopens 162.70 week high
USDJPY has clawed back from the mid-week flush to 161.28 and is grinding sideways just under the 162.48 recent high, holding above EMA(50) but slipping back beneath EMA(20) on the latest pullback. Higher oil and the wide rate gap kept JPY the underperformer, though the pair stalls shy of the 40-year 162.80 high. RSI(14) has cooled toward mid-range as the recovery loses pace.
Support: 162.00, 161.30
Resistance: 162.48, 162.80
What it said to watch
US June CPI at 12:30 UTC could materially shift this read
Hourly close above 162.48 opens the path to the 162.80 40yr high
Failure to hold 162.00 exposes the 161.30 week low
Recovered off week low, capped below session highs.
USD/JPY recovered from Monday's flush to 161.28 and ground higher through the week, but stalled around 162.30 after two rejections at the 162.47 session high. The pair remains pinned near the 40-year 162.80 high with JPY the G10 underperformer on the wide rate gap and higher oil. Price has slipped back under EMA(20) with RSI cycling near neutral into today's US CPI.
Support: 162.05, 161.75, 161.28
Resistance: 162.47, 162.80
What it said to watch
US CPI at 12:30 UTC is the main near-term driver via the USD leg
Close above 162.47 opens the path to the 162.80 40yr high
Failure to hold 162.05 exposes the weekly open at 161.75
08:02 UTC
Recovery off lows, momentum flattening near range top · RSI 50 · price 162.348
Consolidation below weekly high after Thursday's washout.
USDJPY has clawed back Thursday's flush to 161.28 and is consolidating in the low-162.00s, holding above EMA50 but capped by the 162.48 week high on repeated NY-session attempts. Price sits right on EMA20 with RSI hovering near 50, reflecting a stalled recovery rather than fresh momentum. The 40-year high at 162.80 remains the overhead barrier the market has yet to challenge, with US June CPI at 12:30 UTC the near-term binary for the USD side.
Support: 162.00, 161.75, 161.28
Resistance: 162.48, 162.80
What it said to watch
Hourly close above 162.48 opens the path to the 162.80 40yr high
Failure to hold 162.00 round number puts 161.75 base back in play
US June CPI at 12:30 UTC could materially shift this read
Intervention headlines near 162.80 a recurring downside risk
USD/JPY carved a double bottom near 161.28 late last week and recovered above EMA(20) through Monday's session, retracing most of the mid-week dip that came off 162.70. Price is now consolidating in the low-162.30s just under the 162.48 recent high, with the yen pinned near 40-year lows as the wide rate gap and Hormuz-driven energy costs weigh. RSI(14) has flattened near 49, reflecting the stall into the highs.
Support: 162.23, 161.83, 161.28
Resistance: 162.48, 162.62, 162.80
What it said to watch
US June CPI at 12:30 UTC is the near-term binary and could materially shift this read
H1 close above 162.48 opens the path back to the 162.62 prior high and 162.80 40-yr high
Loss of 162.23 session low exposes the 161.83 higher low
07:02 UTC
Recovering, momentum flat near range top · RSI 49 · price 162.361
Rebound off week low, consolidating below 162.48.
USDJPY carved a midweek low at 161.28 as Friday's verbal-intervention wobble faded, then ground back above 162 on the wide US-Japan rate gap and firmer USD. Price is now consolidating just under the 162.48 week high with RSI(14) neutral around 49 and sitting on EMA20. The 162.80 psych zone remains the twice-rejected ceiling flagged in the wider read.
Support: 162.23, 161.28
Resistance: 162.48, 162.80
What it said to watch
US June CPI at 12:30 UTC is the binary catalyst for this pair
Close above 162.48 opens the path back toward the 162.80 psych area
Failure to hold 162.23 session low reopens the higher-lows support line
Any MoF intervention rhetoric near the highs could force a sharp snapback
Higher lows since Thursday low, consolidating below week highs.
USDJPY has recovered off Thursday's 161.28 low — a near-identical double base — and reclaimed the 162 handle as the wide US-Japan rate gap and oil/Iran risk kept the yen soft into this week's open. Price is now grinding in a 162.20–162.48 band, with two attempts at 162.48 capped and RSI(14) sitting neutral near 49. The 40-year high at 162.80 remains the twice-rejected structural ceiling overhead.
Support: 162.00, 161.83, 161.28
Resistance: 162.48, 162.70, 162.80
What it said to watch
Hourly close above 162.48 opens the path back to 162.70/162.80
Failure to hold 162.00 exposes the 161.83 higher-low line
US June CPI at 12:30 UTC is the binary catalyst that could break this range
USDJPY sold off mid-week to a 161.28 week low as the intervention-driven pop faded, then recovered steadily back to 162.48 before stalling. Price is now consolidating around 162.30, holding above EMA(50) but drifting just under EMA(20) with RSI(14) back to mid-range. US June CPI at 12:30 GMT is the decisive catalyst for the next leg.
Support: 162.23, 161.73, 161.28
Resistance: 162.48, 162.70, 162.84
What it said to watch
US CPI at 12:30 GMT could materially shift this read
Close above 162.48 reopens 162.70 and the 162.84 40yr high
USDJPY based twice at 161.28 late last week — a double bottom — then recovered back through 162.00 into this week's session. Price has since stalled below the 162.48 week cap and is consolidating just under EMA20 with RSI mid-range. JPY soft near four-decade lows keeps the broader tone firm, but US CPI today is the decisive catalyst.
Support: 162.10, 161.75, 161.28
Resistance: 162.48, 162.70
What it said to watch
H1 close above 162.48 opens the path toward the 162.70 prior high
Loss of 162.10 swing low reopens the 161.75 base
US CPI at 12:30 GMT could materially shift this read
USD/JPY recovered off the 161.28 week low back into the 162.23–162.48 band, grinding higher along rising higher-lows with the pair pinned near 40-year highs on the wide rate gap and a firm Dollar into CPI. The 162.48 prior high has capped attempts twice, and price now hovers just under EMA(20) with RSI(14) cycling around the mid-line. Momentum has flattened into Tuesday's Asia session.
Support: 162.23, 161.83, 161.28
Resistance: 162.478, 162.705
What it said to watch
H1 close above 162.48 opens the 162.62–162.70 week high
Loss of 162.23 range low exposes the 161.83 pullback low
US CPI at 12:30 UTC could materially shift this read
05:02 UTC
Range recovery, momentum flat · RSI 49 · price 162.311
Broad range, holding above week low.
USD/JPY carved a double bottom near 161.28 mid-week and recovered through the NY sessions, but momentum has stalled with price back below EMA(20) and RSI(14) hovering near 48. The 162.48 NY high capped the latest push and price is consolidating in an hourly base above 162.10, with the pair grinding near multi-decade highs on the wide US-Japan rate gap and firm oil. US June CPI at 12:30 UTC is the immediate driver.
Support: 162.10, 161.83, 161.28
Resistance: 162.48, 162.70
What it said to watch
H1 close above 162.48 ny high reopens the 162.70 week high
Loss of 162.10 hourly base exposes 161.83 swing low
US CPI at 12:30 UTC could break the range in either direction
USD/JPY based twice at 161.28 midweek (double bottom) and has retraced roughly 70% of the prior decline, but the bounce stalled near 162.48 into the NY session and the pair is now easing back below EMA(20) toward 162.10. Oil strength and the wide rate gap have kept the pair firm below the 162.80 40-year high band. RSI(14) has cooled back near neutral as the recovery loses steam.
Support: 162.10, 161.73, 161.28
Resistance: 162.48, 162.80
What it said to watch
H1 close above 162.48 opens the path to the 162.80 40yr high band
Failure to hold 162.10 exposes 161.73 week low
US June CPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
USDJPY carved a double bottom near 161.28 mid-week and clawed back above 162.00, with oil and the wide rate gap keeping the yen pressured near four-decade lows. The NY session pushed to 162.48 before this pullback, and price now sits just under a flattening EMA(20) with RSI(14) easing back to the mid-40s. The 162.80 band tied to the 40-year high still caps the broader structure.
Support: 162.00, 161.63, 161.28
Resistance: 162.48, 162.70, 162.80
What it said to watch
H1 close above 162.48 reopens the path to the 162.70/162.80 band
Loss of 162.00 exposes the 161.63 swing low and questions the recovery
US June CPI at 12:30 UTC could materially shift this read
USDJPY reclaimed 162.00 after Friday's intervention-driven dip to the 161.28 week low fully faded, with the soft yen and wide rate gap keeping the pair near multi-decade highs. Price recovered to the 162.48 session high through the NY session and is now consolidating just below it, hovering at the EMA20 with RSI(14) back to neutral near 50. The 162.70/162.80 resistance band remains the ceiling that capped earlier attempts.
Support: 162.10, 161.73, 161.28
Resistance: 162.48, 162.70, 162.80
What it said to watch
H1 close above 162.48 opens the path to the 162.70 week high and 162.80 band
Failure to hold 162.10 exposes 161.73 and re-tests the recovery
June US CPI (12:30 UTC) and intervention risk near 162.80 could shift this read
Higher lows since week open, back into prior range.
USDJPY has climbed steadily since this week's open near 161.68, retracing most of the prior week's slide to the 161.28 low and reclaiming 162 on a firm dollar and wide rate gap. Resistance at 162.48 capped the NY session, with the 162.80 multi-decade high band still overhead; RSI(14) is cycling mid-range and price holds above EMA(20). The recent pullback to 162.32 is finding the moving average.
Support: 162.10, 161.28
Resistance: 162.48, 162.80
What it said to watch
H1 close above 162.48 opens the path to the 162.80 high band
Loss of 162.10 session low breaks the higher-low sequence
US CPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
Intervention risk near 162.80 remains a check on upside
02:02 UTC
Uptrend, recovery leg maturing · RSI 58 · price 162.393
Higher lows since Monday's dip, back above 162.
USDJPY has clawed back above 162 after Monday's flush to the 161.28 week low, with the weekend gap higher confirming demand into the recovery leg; the yen stays soft on the wide rate gap and a firm USD. RSI(14) sits mid-50s as price grinds along higher lows, and the week high at 162.47 has capped the last two NY attempts. The 40-year high at 162.80 remains the structural ceiling overhead.
Support: 162.10, 161.73, 161.28
Resistance: 162.47, 162.80
What it said to watch
US CPI at 12:30 UTC then Warsh testimony 14:00 UTC could break the read
H1 close above 162.47 opens the path to the 162.80 40yr high
Failure to hold 162.10 intraday low reopens 161.73 swing low
Intervention headlines near 162.80 a recurring upside check
USDJPY reclaimed 162.00 after Friday's intervention-driven flush to 161.28 fully faded, with the wide rate gap and firmer USD keeping the yen soft. Price has ground back up on rising higher lows since that low and now sits above both EMA(20) and EMA(50), consolidating 162.10–162.48. The 162.55 session high and 162.70 week high remain the caps below the 162.80 multi-decade peak.
Support: 162.10, 161.73, 161.28
Resistance: 162.55, 162.70, 162.80
What it said to watch
Hourly close above 162.70 opens the path toward the 162.80 40yr high
Failure to hold 162.10 consolidation exposes 161.73 prior swing
Intervention/verbal signals near the 40yr high could sharply reverse this recovery
USDJPY has ground back up from the 161.28 double bottom carved out Thursday, reclaiming 162 through the NY session and holding above EMA20/50 into Asia. JPY stays pressured on the rate gap and firmer oil, with the 162.48 week high capping the latest push. RSI(14) is cycling mid-range around 57, consistent with a controlled grind rather than an impulsive extension.
Support: 161.98, 161.28
Resistance: 162.48, 162.80
What it said to watch
A close above 162.80 resistance opens the path toward the 4-decade high area
Failure to hold 161.98 higher-low breaks the recovery structure
US June CPI at 12:30 UTC and Warsh testimony later could materially shift this read
MOF/BoJ verbal intervention risk rises with each new high into Marine Day
Price twice held 161.28 mid-week and has since recovered above both EMAs, grinding back toward the week open into the NY-Asia handover. The rate-gap and oil-driven JPY weakness noted in the macro read keeps 162.80 (near the 4-decade high) as the capping resistance, with 162.48 the immediate session high. RSI(14) sits around 60 as the double-bottom breakout gets absorbed near range highs.
Support: 162.00, 161.28
Resistance: 162.48, 162.80
What it said to watch
H1 close above 162.80 opens the path toward the 4-decade high extension
Loss of the 162.00 psych level and the higher-lows line would neutralise the double-bottom read
US June CPI (12:30 UTC) then Warsh testimony could materially shift this read
Higher lows since double bottom, back near week high.
USD/JPY has clawed back the midweek dip, climbing from a 161.28 double bottom toward the 162.70 week high as JPY weakness reasserts on the wide rate gap. Price holds above EMA20 with RSI cycling in the mid-50s on each pullback. The 162.70–162.80 band capped price earlier in the week and is the area to watch for rejection or break.
Support: 162.00, 161.75, 161.28
Resistance: 162.70, 162.80
What it said to watch
H1 close above 162.80 opens the path toward 163.70 and sharply raises MoF intervention risk
Loss of 162.00 would break the rising higher-low sequence back toward 161.75
Intervention rhetoric into the Marine Day holiday could trigger a fast yen squeeze
Higher lows since week open, retracing last week's drop.
USD/JPY has rebuilt the whole of last week's drop, grinding from Friday's 161.28 low back above 162.00 as the wide rate gap and energy-driven yen weakness reasserted. Price has retraced roughly 80% of the 162.70-to-161.28 decline and is now pressing 162.55, with the 162.80 double-top the multi-decade cap. RSI(14) sits mid-60s and pullbacks this week have held the rising-lows line.
Support: 162.00, 161.28
Resistance: 162.55, 162.80
What it said to watch
Hourly close above 162.80 opens the path toward 163.70
Failure to hold 162.00 breaks the week's rising-lows structure
Intervention/MoF rhetoric near 40yr highs could trigger a sharp reversal toward 160.40