USD/JPY AI Live Scan, 15-minute chart, Wednesday, 15 July 2026

Every read JAFX AI made on the USD/JPY 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

23:46 UTC

Downtrend, momentum slowing · RSI 42 · price 162.065

Lower highs, basing near session lows.

USDJPY faded from the 162.42 session high into a 161.89 session low, then bounced to 162.28 before drifting back under the ema20 near 162.15 on thin Asia-session volume. Price is basing just above the 162.00 round number with RSI(14) mid-range; no impulsive move in play.

Support: 162.00, 161.89

Resistance: 162.15, 162.28, 162.42

What it said to watch

  • M15 close above 162.28 swing high negates the lower-high sequence
  • Loss of 162.00 round number opens a retest of the 161.89 session low
  • US Retail Sales Thu 12:30 UTC could materially shift this read

23:46 UTC

Consolidation, drifting lower · RSI 43 · price 162.065

Range-bound near 40-year highs.

USD/JPY consolidating in the 161.89–162.42 band near multi-decade highs, with the session high at 162.42 rejected earlier and the bounce from 161.89 fading back toward 162.00 on thin Asia-session volume. Soft US CPI/PPI failed to lift the yen, leaving the rate-gap anchor intact; price sits below EMA20/50 with RSI(14) near 43.

Support: 162.00, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close below 162.00 opens the session low at 161.89
  • Reclaim of 162.28 puts the 162.42 session high back in play
  • US Retail Sales Thu 12:30 UTC is the next high-impact USD catalyst

23:31 UTC

Range, mild downside drift · RSI 43 · price 162.089

Consolidation below session high after rejection.

USDJPY rejected the 162.42 session high mid-window and slid to 161.89 before a bounce stalled at 162.25. Now drifting lower on thin Asia-session volume, ranging around the 162.00 handle below EMA20/50; pair pinned near 40-year highs with the rate gap intact.

Support: 162.00, 161.89

Resistance: 162.25, 162.42

What it said to watch

  • Close below 161.89 confirms a lower low and extends the drift
  • Reclaim of 162.25 prior high reopens the 162.42 session high
  • US Retail Sales Thu 12:30 UTC is the next USD catalyst that could shift this read

23:31 UTC

Consolidation, drifting lower · RSI 43 · price 162.089

Range near 40-yr highs, lower highs into thin Asia.

Thin Asian session with USD/JPY drifting off the 162.28 session high back to the 50% retrace near 162.09, volumes collapsing into rollover. Pair stays boxed just under 40-year highs — soft US PPI kept the dollar heavy but Iran/oil and the rate gap cushion the JPY. RSI(14) cooling into the mid-40s, price under both EMAs.

Support: 162.00, 161.89

Resistance: 162.28

What it said to watch

  • Close below 162.00 psych opens the 161.89 session low
  • Reclaim of 162.28 session high needed to resume upside
  • US Retail Sales Thu 12:30 UTC is the next USD catalyst

23:16 UTC

Intraday drift lower within range · RSI 43 · price 162.087

Consolidating below faded session high.

USD/JPY faded from the 162.42 NY high back through 161.89 before a bounce to 162.28, and is now drifting lower to 162.087 on thin Asia-session volume. Price sits below EMA20/50 with RSI cooling to the low 40s, holding just above the 162.00 psych level after JPY stayed heavy near 40-year lows.

Support: 162.00, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • Break below 162.00 psych then 161.89 confirms a lower low
  • Reclaim of 162.28 session high reopens the 162.42 area
  • US Retail Sales Thu 12:30 UTC is the week's key USD catalyst and could shift this read

23:16 UTC

Mild downtrend, momentum flat · RSI 43 · price 162.087

Tight consolidation off session high.

Quiet Asian session grinding in a tight 162.08–162.15 band after fading the 162.25 high, ATR compressed near 5 pips. Price sits below EMA20/50 with RSI mid-40s; USD stays soft post-CPI/PPI while JPY remains heavy near 40-year lows, leaving the pair pinned.

Support: 162.00, 161.893

Resistance: 162.253, 162.419

What it said to watch

  • Close below 162.00 psych exposes the 161.89 session low
  • Reclaim of 162.253 prior high reopens 162.419 range top
  • US Retail Sales Thu 12:30 UTC is the key USD catalyst and could break this consolidation
  • MoF intervention rhetoric could spark a sharp JPY squeeze

23:01 UTC

Range, mild downdrift into Asia · RSI 44 · price 162.112

Consolidating below 162.28 NY high.

USD/JPY faded from the 162.28 NY high and is drifting in thin Asia-session trade around 162.10, holding near 40-yr-low territory as the soft US CPI/PPI barely dented the yield-driven bid. Price sits below EMA20/50 with RSI mid-40s; no setup in play between 162.08 and 162.28.

Support: 162.08, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • Close below 162.08 asian low opens 161.89 swing low
  • Reclaim of 162.28 ny high re-targets 162.42
  • US Retail Sales Thu 12:30 UTC is the week's key USD catalyst

23:01 UTC

Ranging, drifting lower late · RSI 44 · price 162.112

Range after bounce off session low.

Thin Asia-session volume has price drifting lower off the 162.28 recent high toward the 162.08 range floor, holding well above the 161.89 session low. USD/JPY stays pinned near 40-yr lows as firmer oil and Iran headlines offset the JPY-positive US CPI/PPI misses; no intraday setup in play.

Support: 162.08, 161.893

Resistance: 162.28

What it said to watch

  • M15 close below 162.08 opens a retest of the 161.89 session low
  • Reclaim of 162.28 recent high needed to reassert upside momentum
  • Thu 12:30 UTC US Retail Sales is the week's key USD catalyst

22:46 UTC

Pullback, drifting lower · RSI 44 · price 162.107

Faded from session high, consolidating near lows.

USDJPY faded from the 162.42 session high to test 161.89 before a bounce stalled at 162.28; price now drifts back toward 162.10 on thin late-session volume. Pair sits near 40-yr lows, US CPI/PPI misses barely dented it while Iran-oil headlines keep the yen defensive.

Support: 162.00, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • Close above 162.28 reopens the 162.42 session high
  • Failure to hold 162.00 exposes the 161.89 session low
  • US Retail Sales Thu 12:30 UTC is the week's key USD catalyst

22:46 UTC

Pullback within range · RSI 44 · price 162.107

Faded off 162.28, drifting lower in thin trade.

USD/JPY bounced from 161.89 into 162.28 earlier before fading; now drifting 162.09-162.13 in thin Asia-hours trade below EMA20/50. Rejection at 162.28 held and price is retracing the move up, RSI(14) mid-range near 43.

Support: 161.98, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • Reclaim of 162.28 swing high reopens the 162.42 session high
  • Loss of 161.98 recent low exposes the 161.89 session low
  • US Retail Sales Thu 12:30 UTC is the week's key USD catalyst and could reset this read
  • MoF/BoJ intervention rhetoric near 162-163 40-yr lows a squeeze risk

22:31 UTC

Range, drifting lower into thin hours · RSI 42 · price 162.094

Capped below 162.28, holding above 161.89.

USDJPY is grinding sideways near 162.09 in thin post-NY hours, pinned near 40-yr lows as Iran-oil offsets the JPY-positive US CPI/PPI misses. After a bounce off 161.89 stalled at 162.28, price has faded back to mid-range with RSI(14) around 42; volume has collapsed into the Asian handover.

Support: 162.00, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close above 162.28 swing high reopens the 162.42 session high
  • Loss of 162.00 round exposes the 161.89 session low
  • Any MoF/BoJ intervention rhetoric near 40-yr lows could spike price sharply lower

22:31 UTC

Range, drifting lower · RSI 43 · price 162.094

Ranging 161.90–162.28, lower highs into Asia.

Quiet Asia session on thin volume; USD/JPY rejected 162.28 on the prior bounce and has retraced to the 50% fib near 162.09, pinned close to 40-yr lows as Iran/oil headlines offset the soft US CPI. Price now sits below both EMAs with RSI mid-40s, no momentum in play.

Support: 162.00, 161.893

Resistance: 162.28, 162.419

What it said to watch

  • Reclaim and close above 162.28 reopens the 162.42 session high
  • Loss of 162.00 round number exposes the 161.89 session low
  • US-Iran / oil headlines remain the main intraday JPY driver in thin conditions

22:17 UTC

Range-bound, mid-range drift · RSI 46 · price 162.133

Consolidation between 161.89 and 162.42.

USDJPY is ranging near 162.13 after a rejection at 162.42 slid the pair to a 161.89 swing low, then rebounded to 162.28. Price is now grinding mid-range on thin Asia-session volume with RSI(14) neutral around 46; the pair holds soft near 40-year lows on the wide rate gap.

Support: 162.10, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close below 162.10 opens a retest of the 161.89 swing low
  • Reclaim of 162.28 bounce high puts 162.42 session high back in play
  • US Retail Sales (Thu 12:30 GMT) could break this range

22:16 UTC

Consolidating after bounce, momentum flat · RSI 46 · price 162.133

Range-bound, fading off intraday high.

USDJPY recovered from a 161.89 session low during NY hours to a 162.28 bounce high, then faded back to 162.13 on thin Asia-session volume. Price is coiling just above the 162.09 shelf with RSI(14) flat near 46; the 162.28 rejection still caps.

Support: 162.09, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close above 162.28 reopens the 162.42 session high
  • Loss of 162.09 exposes the 161.89 session low
  • US Retail Sales (Thu 12:30 GMT) could shift the read

22:01 UTC

Pullback within broader uptrend, momentum flat · RSI 43 · price 162.108

Retrace off 162.28 session high, drifting in thin Asia trade.

USD/JPY bounced off 161.89 into the London-NY session and tagged 162.28 before rejection sent it back to 162.10 on thin, early-Asia volume. Price now sits mid the 161.89–162.28 recovery leg with RSI(14) flat near 43; Iran/oil bid and the wide rate gap keep the pair pinned near 40-year highs.

Support: 161.89

Resistance: 162.28, 162.42

What it said to watch

  • Reclaim of 162.28 opens the path back toward the 162.42 day high
  • Loss of 161.89 confirms a lower low and reopens the low-161s
  • US Retail Sales Thu 12:30 UTC could materially shift this read

22:01 UTC

Ranging, no clear direction · RSI 45 · price 162.108

Consolidation between 161.89 and 162.42.

USD/JPY grinding sideways just above 162.10 in a thin Asia session, holding near 40-year highs after oil/Iran flows offset the soft US data drag. Price bounced from 161.89 to 162.28 earlier then faded back to mid-range; volume has collapsed and no setup is in play.

Support: 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close above 162.28 reopens the 162.42 range top
  • Failure to hold 161.89 confirms a lower-low
  • US Retail Sales Thu 12:30 UTC could materially shift this read

21:47 UTC

Range, mild recovery off session low · RSI 49 · price 162.144

Bounce from 161.89 low, capped near 162.28.

USDJPY sold from the 162.42 prior high into a 161.89 session low, then recovered to 162.28 before stalling; price now drifts around 162.14 in thin late-session, rollover-hour trade. JPY stays soft near 40-year lows on oil/Iran flows, but the last few bars are near-flat with volume collapsing.

Support: 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close above 162.28 reopens the 162.42 prior high
  • Loss of 161.89 session low confirms a fresh lower-low
  • US Retail Sales Thu 12:30 UTC could materially shift this read

21:46 UTC

Choppy, recovered off session low · RSI 50 · price 162.144

Consolidation after V-recovery.

USD/JPY sold to a session low at 161.89 through the NY hours, then snapped back to 162.28 before stalling. Now grinding sideways near 162.14 on thin post-NY/early Asia volume, RSI flat around 49 — no directional setup in play.

Support: 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close below 161.89 confirms a lower low and reopens the downside
  • Break above 162.28 targets the 162.42 session high
  • US Retail Sales later Thu could reset intraday tone

21:32 UTC

Pullback after intraday bounce · RSI 44 · price 162.13

Range, sold off then recovered off session low.

USDJPY slid from 162.42 to the 161.89 session low, then recovered on the Iran/oil safe-haven bid before stalling at 162.28. Price is now drifting back to 162.13 in thin Asian trade, sitting just under EMA20 with RSI(14) mid-40s.

Support: 161.89

Resistance: 162.28, 162.42

What it said to watch

  • Close above 162.28 swing high reopens 162.42 session high
  • Loss of 161.89 session low confirms a fresh lower-low
  • US Retail Sales Thu 12:30 UTC could materially shift this read

21:31 UTC

Range, recovering off session low · RSI 46 · price 162.13

Bounced from session low, now fading in thin Asia trade.

NY afternoon slid to a session low at 161.89 before buyers lifted it to 162.28; the Asia session is now fading back to 162.13 on thin volume. RSI(14) sits neutral near 46, with price boxed in the 161.89–162.42 range.

Support: 162.00, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close below 161.89 confirms a lower low and opens the round-number 162.00 zone
  • Reclaim of 162.28 puts the 162.42 session high back in play
  • US Retail Sales Thu 12:30 UTC is the key USD risk that could break this range

21:17 UTC

Range, no clear intraday trend · RSI 49 · price 162.145

Day range 161.89–162.42, recovered off session low.

Pair sold through NY to a session low of 161.89, then recovered sharply to a 162.28 swing high before fading to 162.14 into late NY. RSI sits mid-range with no extreme; USD soft on cooling inflation but Iran/oil keeps JPY defensive, holding the pair inside the 161.89–162.42 day range.

Support: 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close below 161.89 confirms a lower low
  • Reclaim of 162.28 swing high reopens the 162.42 day high
  • US Retail Sales Thu 12:30 UTC could shift this read

21:16 UTC

Range, mild recovery off lows · RSI 51 · price 162.145

Bounced from session low, consolidating below bounce high.

USDJPY bounced from the 161.89 session low back to 162.28 during NY hours as Iran/oil flows offset the soft US inflation drag, then stalled and slipped to 162.14 into a thin Asia open. Now consolidating between 162.09 and 162.28 with RSI(14) flat near 50; no setup in play.

Support: 162.09, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close above 162.28 opens the path to the 162.42 session high
  • Loss of 161.89 session low confirms a lower low
  • US Retail Sales Thu 12:30 UTC could materially shift this read

21:02 UTC

Range, bouncing off lows · RSI 49 · price 162.186

Range-bound after a lower high.

USDJPY bounced sharply off the 161.89 session low late in the NY session, then met a rejection at 162.28 and eased back to 162.19 — the pair grinding two-way near 40-year lows as soft US data offsets Iran/oil support for the dollar. RSI(14) neutral near 49, ATR ~8 pips; price sits mid-range between 161.89 and the 162.42 day high.

Support: 161.89

Resistance: 162.28, 162.42

What it said to watch

  • Reclaim of 162.28 needed to extend the bounce toward 162.42
  • Close below 161.89 opens a fresh session low
  • Fed's Musalem speaks 23:30 UTC — could shift this read
  • US Retail Sales Thu 12:30 UTC is the next major risk for USD

21:02 UTC

Range, recovering off session low · RSI 54 · price 162.186

Double bottom at 161.89, rebound stalling under 162.28.

NY session dipped to 161.89 twice and buyers stepped in, carving a double bottom before the rally to 162.28 was rejected. Price has since eased to 162.19 as soft-USD flows and firm JPY-negative oil/Iran drivers offset each other; RSI(14) neutral near 54.

Support: 162.09, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close above 162.28 swing high opens the path to the 162.42 day high
  • Loss of the 162.09 swing low, then 161.89, negates the double bottom
  • US Retail Sales Thu 12:30 UTC could materially shift this read

20:46 UTC

Recovering off session low, momentum neutral · RSI 56 · price 162.21

V-recovery from double-bottom, consolidating near highs.

USD/JPY dipped to a session low of 161.89 during NY hours before recovering sharply to 162.28, with a twin low around 161.89 forming a double bottom. Price now consolidating near 162.21 on thinning late-session volume, JPY defensive near 40-yr lows on the wide rate gap and firmer oil.

Support: 162.00, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close above 162.28 opens the path to the 162.42 session high
  • Loss of 162.00 psych level re-exposes the 161.89 session low
  • US Retail Sales Thu 12:30 UTC could materially shift this read

20:46 UTC

Recovering from intraday low, momentum flattening · RSI 56 · price 162.21

Range after V-shaped bounce off 161.89.

Late NY session: USD/JPY bounced hard from 161.89 back to 162.28 as oil/Iran risk offset the soft US PPI drag, and price is now consolidating around 162.21 on thin end-of-session volume. RSI(14) has cooled back to the mid-50s after the recovery leg.

Support: 162.00, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • Close above 162.28 opens the path back to the 162.42 day high
  • Failure to hold 162.00 re-exposes the 161.89 swing low
  • Thin Asia-open liquidity can exaggerate moves; intervention headlines near 40-yr lows a standing risk

20:31 UTC

Recovering off lows, consolidating · RSI 56 · price 162.214

Double bottom at 161.89, higher lows into congestion.

USDJPY carved a double bottom at 161.89 in the NY session and recovered to a bounce high of 162.28, now consolidating around 162.20 as Iran/oil bid offsets the drag from soft US data. Momentum has cooled after the rebound, RSI mid-range; the earlier session high at 162.42 caps overhead.

Support: 162.09, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close below 162.09 reopens the 161.89 session low
  • Reclaim of 162.28 bounce high exposes the 162.42 session high
  • Fed's Musalem 23:30 UTC could shift the near-term read

20:31 UTC

Range, recovering off lows · RSI 55 · price 162.214

Consolidation after bounce from session low.

NY session dropped to a 161.89 session low then rebounded to 162.28, and price is now grinding around 162.21 with RSI back to neutral. USD/JPY holds its wider 161.9–162.4 range with buyers stepping in near the lows twice into the London-NY session.

Support: 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close below 161.89 confirms a lower low and breaks the range base
  • Break above 162.28 session high opens 162.42 prior high
  • US Retail Sales Thu 12:30 UTC could shift this read

20:16 UTC

Recovery bounce, momentum neutral · RSI 54 · price 162.219

Double bottom off 161.89, retracing decline.

Late NY session: USDJPY bounced off a 161.89 double bottom and has recovered to 162.22, stalling right at the 61.8% fib of the 162.42-161.89 decline. RSI(14) neutral near 54; Iran/oil safe-haven flows keep the yen soft near 40-year lows while the 162.28 swing high caps.

Support: 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close above 162.28 opens the path to the 162.42 day high
  • Failure to hold 161.89 confirms a lower low
  • US Retail Sales Thu 12:30 UTC could shift this read

20:16 UTC

Recovery off session low, momentum firm · RSI 55 · price 162.219

Double bottom at 161.89, higher lows into NY close.

USD/JPY rebounded off a 161.89 double bottom late in the NY session, rallying to 162.28 before easing to 162.22. Pair stays firm near 40-year lows as the Iran/oil safe-haven bid offsets soft US PPI; RSI(14) neutral near 55.

Support: 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close below 161.89 negates the double-bottom rebound
  • Break above 162.28 opens the 162.42 session high
  • Intervention headline risk elevated near 40-yr lows

20:01 UTC

Recovering off session low, momentum up · RSI 58 · price 162.227

Double bottom then higher lows into NY close.

NY afternoon carved a double bottom at 161.89 and rallied ~35 pips to a session high of 162.28 before easing to 162.23; RSI(14) near 58, cooling. JPY stayed soft near 40-yr lows as Iran/oil flows offset the drag from soft US CPI/PPI. Higher lows off 161.89 hold as the near-term structure.

Support: 162.10, 161.89

Resistance: 162.28, 162.42

What it said to watch

  • M15 close above 162.28 opens the path to the 162.42 prior high
  • Failure to hold the 162.10 pivot re-exposes the 161.89 double bottom
  • US Retail Sales Thu 12:30 UTC could materially shift this read

20:01 UTC

Choppy, recovering off session low · RSI 55 · price 162.227

Double bottom at 161.89, sharp bounce.

NY session probed a session low at 161.89 twice around 18:00 UTC; the double bottom held and price snapped back to 162.28 before settling at 162.23. USD/JPY grinds near 40-year highs as soft US PPI is offset by Iran/oil safe-haven bid; RSI(14) has recovered off its lows to mid-50s.

Support: 161.89

Resistance: 162.28, 162.419

What it said to watch

  • M15 close above 162.28 opens the path to the 162.42 session high
  • Loss of the 161.89 double bottom confirms a lower low
  • US Retail Sales Thu 12:30 UTC could materially shift this read

19:47 UTC

Intraday down leg, sharp recovery underway · RSI 56 · price 162.256

V-recovery off 161.89 double bottom.

USD/JPY rallied off the 161.89 session low — a double-bottom base into late NY — recovering roughly 70% of the down leg to 162.26. JPY stays soft near 40-year lows on oil/Iran flows despite the soft US PPI; RSI(14) has climbed back to mid-range from oversold.

Support: 162.10, 161.89

Resistance: 162.42

What it said to watch

  • Close above 162.42 session high negates the intraday down leg
  • Failure to hold 162.10 ema20 reopens the 161.89 session low
  • US Retail Sales Thu 12:30 UTC could shift this read

19:46 UTC

Downtrend stalling, sharp bounce · RSI 58 · price 162.256

Double bottom off 161.89, recovering.

USDJPY carved a double bottom at 161.89 into the NY session and snapped back to 162.256, JPY staying defensive near 40-yr lows on the oil/rate-gap read. Last two bars retraced roughly 70% of the 162.42-161.89 slide; the swing-high band at 162.35 is the immediate ceiling.

Support: 161.89, 162.10

Resistance: 162.35, 162.42

What it said to watch

  • Reclaim of 162.35 swing high opens the path back to 162.42 session high
  • Loss of 162.10 pivot puts the 161.89 double bottom back in play
  • US Retail Sales Thu 12:30 UTC could materially shift this read

19:32 UTC

Intraday downtrend, bounce underway · RSI 48 · price 162.127

Lower highs into double bottom, recovering.

NY session faded the London high at 162.419 in a steady chain of lower highs down to a double bottom at 161.893 ~1.5h ago, with the soft US PPI miss offset by Iran-led oil bid keeping USD/JPY pinned near 40-yr highs. Price has since bounced to 162.13 — a shallow retrace of the down leg — RSI recovering off oversold into the mid-40s.

Support: 162.00, 161.893

Resistance: 162.234, 162.419

What it said to watch

  • M15 close above 162.234 flip zone breaks the lower-high chain
  • Loss of 161.893 double bottom reopens downside toward the 162.00 psych pivot
  • Intervention rhetoric near 40-yr highs could sharply reverse this read

19:31 UTC

Downtrend, bouncing off lows · RSI 46 · price 162.127

Lower highs into a 161.89 base, corrective bounce.

M15 sold off through NY hours, printing lower highs from the 162.42 session high down to a 161.89 swing low as soft US CPI/PPI kept the USD offered. Price has since bounced to 162.13 but sits below EMA20, with the 162.20 lower-high area capping the recovery.

Support: 162.00, 161.89

Resistance: 162.20, 162.42

What it said to watch

  • M15 close above 162.20 breaks the lower-high sequence
  • Failure to hold 162.00 psych reopens the 161.89 swing low
  • US Retail Sales Thu 12:30 UTC could shift this read

19:17 UTC

Downtrend, bouncing off session low · RSI 42 · price 162.037

Lower highs, lower lows; bounce from 161.89.

NY session sold USDJPY off the 162.41 session high down to 161.89 late in the day, soft US PPI weighing on the dollar. Price has since clawed back to the 162.00 psych level with RSI(14) near 42; the recent leg is a chain of lower highs.

Support: 162.00, 161.89

Resistance: 162.20, 162.41

What it said to watch

  • Close above 162.20 swing high negates the lower-high sequence
  • Break of 161.89 session low opens further downside
  • US Retail Sales Thu 12:30 UTC could shift this read

19:16 UTC

Downtrend, bounce underway · RSI 44 · price 162.037

Lower highs into 161.89 low, corrective bounce.

NY session faded from the 162.42 session high down to 161.89, with a corrective bounce now stalling near 162.06. Price trades below EMA20/50, RSI(14) recovering from the mid-40s; USD stays soft on the disinflation read while oil/Iran headlines cushion the yen.

Support: 161.893, 161.965

Resistance: 162.06, 162.20, 162.419

What it said to watch

  • M15 close above 162.20 invalidates the lower-high downtrend read
  • Failure to hold 161.89 confirms a fresh lower-low
  • Intervention rhetoric near the 162.85 40-yr high remains a snap-back risk

19:02 UTC

Intraday downtrend, bounce off lows · RSI 42 · price 162.039

Lower highs into a triple-tap base at 161.89.

USDJPY slid through the NY session from 162.41 to repeatedly tap 161.89, where buyers stepped in three times before the bounce to 162.04. RSI(14) at 42 off oversold; price still capped below EMA20 and the 162.20 swing high, holding inside the broader 160.60–163.00 band.

Support: 162.00, 161.89

Resistance: 162.20, 162.41

What it said to watch

  • M15 close back above 162.20 negates the lower-high sequence
  • Loss of 161.89 confirms a fresh lower low
  • Reaction near 162.85 40-yr high remains the intervention flashpoint

19:01 UTC

Downtrend, bouncing off lows · RSI 43 · price 162.039

Lower highs into 161.89 low, corrective bounce.

NY session sold USD/JPY off the 162.42 high down to a 161.89 session low before buyers stepped in, lifting price back to 162.04 and reclaiming the 162.00 psych level. RSI cooling from the decline; higher oil and Iran headlines are cushioning the yen despite soft US data earlier in the week.

Support: 162.00, 161.89

Resistance: 162.20, 162.42

What it said to watch

  • Reclaim and M15 close above 162.20 would break the lower-high chain
  • Failure to hold 161.89 confirms a fresh lower low
  • US Retail Sales Thu 12:30 UTC could shift the intraday read

18:46 UTC

Downtrend, momentum slowing · RSI 42 · price 161.981

Lower highs, lower lows into session low.

NY session sold USD/JPY off the 162.42 session high down to a 161.89 session low as soft US PPI kept the dollar heavy. Price is grinding back to the 162.00 pivot with RSI(14) recovering from the low 30s; the lower-high, lower-low sequence stays intact until 162.00 is reclaimed.

Support: 161.89, 161.60

Resistance: 162.00, 162.42

What it said to watch

  • M15 close below 161.89 session low extends the lower-low sequence toward the 161.60 lower band
  • Reclaim of the 162.00 pivot needed to negate the downtrend read
  • US Retail Sales Thu 12:30 UTC could materially shift this read

18:46 UTC

Intraday downtrend, at session low · RSI 34 · price 161.981

Lower highs, lower lows; testing 161.89.

USDJPY faded from the 162.42 session high through the NY session, breaking 162.00 and printing a fresh low at 161.89. RSI(14) near 34, not yet washed out; soft US PPI is keeping the dollar heavy. Lower-high, lower-low chain intact.

Support: 161.893, 162.00

Resistance: 162.419

What it said to watch

  • A close back above 162.10 breaks the lower-high chain
  • Failure to hold 161.89 opens continuation lower
  • Fed's Musalem ~23:30 UTC could shift the USD read

18:31 UTC

Downtrend, lower lows into the close · RSI 31 · price 161.906

Series of lower highs and lower lows, breaking session support.

NY session drove USDJPY down from the 162.41 high to a fresh session low at 161.89, breaking the 162.00 psych pivot with RSI(14) near 31. Price is sitting on session lows into the close, chaining lower highs and lower lows despite the softer USD tone from the PPI miss.

Support: 161.89, 161.60

Resistance: 162.00, 162.41

What it said to watch

  • Reclaim above 162.00 would negate the downside leg
  • Failure to hold 161.89 confirms continuation toward 161.60
  • US Retail Sales Thu 12:30 UTC could materially shift this read

18:31 UTC

Intraday downtrend, momentum building lower · RSI 33 · price 161.906

Lower highs and lower lows since NY peak.

USDJPY rolled over through the NY session, printing lower highs off the 162.42 peak and breaking the 162.00 psych level into the close at 161.906. RSI(14) near 32 as the pair leaks toward the 161.60 range low; soft US PPI weighs on the dollar but the wide rate gap has capped any yen-driven reversal.

Support: 161.89, 161.60

Resistance: 162.00, 162.42

What it said to watch

  • Reclaim of 162.00 psych negates the breakdown read
  • Break of 161.60 range low extends the lower-low sequence
  • US Retail Sales Thu 12:30 UTC could shift this read

18:16 UTC

Downtrend, momentum accelerating into session low · RSI 34 · price 161.957

Lower highs, lower lows off 162.42.

USDJPY rolled off the 162.42 session high through NY hours and broke the 162.20 congestion, printing a fresh session low at 161.89 with RSI(14) near 33. Yen stayed heavy despite the soft US PPI print, but the pair is now stretched to the downside after a clean sequence of lower highs and lower lows.

Support: 161.893, 161.60

Resistance: 162.20, 162.42

What it said to watch

  • Reclaim of 162.20 negates the intraday lower-high sequence
  • Break of 161.89 session low opens the 161.60 range floor
  • US Retail Sales Thu 12:30 UTC could reshape this read

18:16 UTC

Downtrend, momentum accelerating · RSI 32 · price 161.957

Lower highs, breaking below session range.

USDJPY sold off through the NY afternoon from the 162.42 session high to a fresh session low at 161.89, breaking below the day's 162.10-162.20 support shelf with RSI(14) near 31. Price trades under EMA20/50 with no sign of a base yet despite the softer USD backdrop; JPY remains heavy on oil/risk flows.

Support: 161.89, 161.75

Resistance: 162.10, 162.23, 162.42

What it said to watch

  • Reclaim of 162.10 would neutralise the downside break
  • Loss of 161.89 session low opens 161.75 range floor
  • US Retail Sales Thu 12:30 UTC could reset this read

18:01 UTC

Downtrend, marking lower highs · RSI 34 · price 161.957

Lower highs off 162.42, pressing session low.

NY session ground steadily lower, carving lower highs from the 162.42 session high down to a fresh session low at 161.95, with RSI(14) cooling into the low 30s. Soft US PPI kept the dollar heavy, but sellers stalled just above the prior 161.96 swing area.

Support: 161.95

Resistance: 162.17, 162.42

What it said to watch

  • M15 close below 161.95 confirms continuation of the lower-low sequence
  • Reclaim of 162.17 breaks the descending lower-high chain
  • Thursday US Retail Sales could materially shift this read

18:01 UTC

Downtrend, at session low · RSI 33 · price 161.957

Lower highs, fresh session low.

USDJPY slid through the NY afternoon, losing the 162.10 shelf to print a fresh session low at 161.95 with RSI(14) near 32. Softer US CPI/PPI keeps the dollar offered, though yen stays heavy near 40-yr lows, capping any bounce.

Support: 161.95, 161.90

Resistance: 162.10

What it said to watch

  • Reclaim of the 162.10 broken shelf would neutralise the lower-high chain
  • Sustained trade below 161.95 extends the session low
  • Intervention headlines near the 162.85 40-yr high could spark a sharp squeeze

17:46 UTC

Intraday downtrend, near session low · RSI 38 · price 162.053

Lower highs and lower lows off 162.42.

NY session grinding lower off the 162.42 session high, printing successive lower highs into a fresh session low at 161.98 despite soft US CPI/PPI keeping the dollar broadly heavy. RSI(14) near 38, not yet stretched; price now testing the 162.00 round number with the 162.17 swing capping any bounce.

Support: 161.98, 161.96, 162.00

Resistance: 162.17, 162.42

What it said to watch

  • M15 close below 161.98 confirms a lower low and extends the downtrend
  • Reclaim of 162.17 negates the lower-high sequence
  • Intervention-risk headlines near the 162.85 40-yr high could force sharp two-way moves

17:46 UTC

Downtrend, intraday leg lower · RSI 39 · price 162.053

Lower highs, lower lows since session high 162.42.

USDJPY rolled off the 162.42 session high on a chain of lower highs, closing the NY session near the lows at 162.05 after tagging 161.98. Soft US PPI kept the dollar heavy, though price holds within the broader 160.60-163.00 consolidation and RSI(14) near 39 is not yet extended.

Support: 161.98, 161.90

Resistance: 162.20, 162.42

What it said to watch

  • Break of 161.98 session low confirms continuation lower
  • Reclaim of 162.20 prior swing negates the lower-high sequence
  • Thursday US Retail Sales (12:30 UTC) could reset this read

17:31 UTC

Intraday rollover, momentum down · RSI 38 · price 162.066

Lower highs, pressing session low.

USDJPY sold off through the NY afternoon from the 162.42 session high, now sitting on the 162.06 session low with RSI(14) near 37. Soft US CPI/PPI kept the dollar heavy, but the yen's own weakness has capped the downside — price is grinding lower off descending highs rather than breaking cleanly.

Support: 162.06, 161.98

Resistance: 162.20, 162.42

What it said to watch

  • Close below 161.98 confirms a lower-low and extends the decline
  • Reclaim of 162.20 pivot needed to break the lower-high sequence

17:31 UTC

Downtrend, sliding to session lows · RSI 40 · price 162.066

Lower highs after rejection at 162.42.

USDJPY rolled off the 162.42 session high through NY hours and is now pressing the 162.06 session low, RSI(14) sub-40 and price below both EMAs. Soft US CPI/PPI capped the dollar but rising oil keeps the yen heavy, leaving the pair grinding lower within its 40-yr-high range.

Support: 162.06, 161.98

Resistance: 162.20, 162.42

What it said to watch

  • Close below 162.06 confirms a lower-low toward 161.98
  • Reclaim of 162.20 pivot negates the downside slide
  • Intervention headlines near 162.85 could force sharp two-way volatility

17:16 UTC

Intraday pullback, lower highs · RSI 41 · price 162.112

Topped at 162.42, testing session low.

USDJPY rolled off the 162.42 session high through NY hours and is now probing the session low near 162.07, RSI cooling into the low 40s. Softer US CPI/PPI capped the dollar, but the yen stayed heavy on oil/Iran risk keeping the pair pinned in the upper 162s.

Support: 162.072, 161.981

Resistance: 162.23, 162.419

What it said to watch

  • M15 close below 162.07 opens 161.98
  • Reclaim of 162.23 needed to break the lower-high chain
  • Intervention rhetoric near the 162.85 40-yr high remains the upside cap

17:16 UTC

Range, drifting lower off highs · RSI 43 · price 162.112

Capped at 162.42, lower highs into NY.

USDJPY topped at 162.42 in the NY session and has drifted lower into 162.11, printing a sequence of lower highs; soft US PPI capped the dollar but oil/intervention risk keeps the yen heavy, holding the pair in its 161.98–162.42 band. RSI(14) mid-range at ~42 with no extreme.

Support: 162.07, 161.98

Resistance: 162.20, 162.42

What it said to watch

  • M15 close below 162.07 exposes the 161.98 session low
  • Reclaim of 162.20 ema20 neutralises the lower-high sequence
  • Thursday 12:30 UTC US Retail Sales could break the range

17:02 UTC

Intraday pullback off session high · RSI 42 · price 162.136

Lower highs since 162.42, holding above 162.07.

USDJPY rolled off the 162.42 session high through the NY afternoon and is grinding into 162.13, holding the mid-62% retrace of the 161.96-162.42 leg. Soft US PPI kept the dollar heavy but persistent yen weakness capped the downside; RSI(14) near 42 with lower highs stacking since 162.42.

Support: 162.073, 161.964

Resistance: 162.278, 162.419

What it said to watch

  • close below 162.07 swing low opens the 161.96 session low
  • reclaim of 162.28 swing high negates the lower-high sequence
  • Thursday US Retail Sales could shift this read

17:02 UTC

Pullback off session high, momentum soft · RSI 44 · price 162.136

Lower highs since 162.42, holding above 162.09.

USDJPY rejected the 162.42 session high during NY hours and has drifted back to 162.14, carving lower highs with RSI(14) around 43. Price is now chopping just above the 162.09 swing low; soft US PPI capped the dollar but oil/Iran risk keeps the yen heavy.

Support: 162.09, 161.98

Resistance: 162.27, 162.42, 162.85

What it said to watch

  • M15 close below 162.09 exposes the 161.98 session low
  • Reclaim of 162.27 swing high needed to re-target the 162.42 session high
  • Intervention headlines near the 162.85 40yr high could force sharp two-way volatility

16:46 UTC

Pullback from session high, consolidating · RSI 44 · price 162.187

Lower highs off 162.41, holding above 162.07.

NY afternoon: USDJPY rejected the 162.41 session high mid-session and sold off to 162.07 before basing. Now chopping 162.13-162.19 below EMA20/50; soft US CPI/PPI capped USD but oil-led JPY weakness keeps the pair pinned in the upper 162s.

Support: 162.13, 162.073

Resistance: 162.27, 162.419

What it said to watch

  • Close below 162.07 confirms a fresh lower low
  • Reclaim of 162.27 negates the lower-high sequence
  • Fed Beige Book at 18:00 UTC could shift this read

16:46 UTC

Pullback off session high, drifting lower · RSI 44 · price 162.187

Consolidating in lower half of intraday range.

USDJPY faded from the 162.42 NY session high and is now consolidating around 162.10-162.20 below EMA20, RSI mid-range with no extreme. Soft US CPI/PPI capped the dollar but oil and intervention chatter keep the yen heavy near four-decade lows.

Support: 162.09, 161.96

Resistance: 162.27, 162.42

What it said to watch

  • Close above 162.27 reopens the path to the 162.42 session high
  • Failure to hold 162.09 exposes the 161.96 session low
  • US Retail Sales (Thu 12:30 UTC) and intervention headlines near 162.85 could shift this read

16:31 UTC

Pullback after topping · RSI 44 · price 162.142

Lower highs off session high.

NY session rejected the session high at 162.419 and drifted lower in a chain of lower highs, now consolidating near 162.14 at the 61.8% retrace of the prior up-leg. USD/JPY had bounced from the 161.60s as firmer oil offset the soft US CPI/PPI prints; RSI(14) mid-range with no momentum extreme.

Support: 162.075, 161.964

Resistance: 162.28, 162.419, 162.85

What it said to watch

  • Close below 162.075 confirms a lower low and opens 161.96
  • Reclaim of 162.28 negates the lower-high sequence
  • 162.85 remains the intervention-rhetoric trigger zone
  • US Retail Sales Thu 12:30 UTC could reset this intraday read

16:31 UTC

Pullback from session high, momentum down · RSI 44 · price 162.142

Lower highs since 162.42 peak.

USDJPY rolled off the session high at 162.419 into a lower-high sequence, price now hovering ~162.14 after buyers stepped in at 162.073. Soft US CPI/PPI keeps the USD two-way, but the yen remains pinned near 40-yr lows and dips have stayed shallow.

Support: 162.073, 161.98

Resistance: 162.278, 162.419

What it said to watch

  • M15 close above 162.278 breaks the lower-high sequence
  • Loss of 162.073 opens the path to 161.98
  • Fed Beige Book and Warsh testimony today could shift the USD read

16:16 UTC

Intraday pullback off session high · RSI 44 · price 162.14

Lower highs since 162.42 rejection.

NY session rejected 162.42 and USD/JPY has ground back to 162.14 in a string of lower highs, RSI(14) mid-40s. Soft US PPI weighed on the dollar but the pullback is shallow near 40-yr highs; buyers keep defending the 162.09 area.

Support: 162.09, 161.98

Resistance: 162.23, 162.42

What it said to watch

  • M15 close below 162.09 opens the path toward 161.98
  • Reclaim of 162.23 negates the lower-high sequence
  • US Retail Sales Thu 12:30 UTC could materially shift this read

16:16 UTC

Intraday pullback off session high · RSI 43 · price 162.14

Lower highs since 162.42, testing 162.09 support.

USD/JPY rejected at the 162.42 session high during NY hours and has ground lower into a series of lower highs, now hovering at 162.14 with RSI(14) mid-40s. Pair stays pinned near 40-yr highs as yen weakness offsets today's soft US PPI; the 162.09 area is holding on repeated tests.

Support: 162.09, 161.98

Resistance: 162.27, 162.42

What it said to watch

  • M15 close below 162.09 confirms a lower low toward 161.98
  • Reclaim of 162.27 recent high negates the lower-high chain
  • 162.42 session high is the intervention-sensitive zone to watch for rejection

16:01 UTC

Intraday downtrend, momentum slowing · RSI 42 · price 162.127

Lower highs off session high, testing support.

USD/JPY faded from the 162.42 session high through NY hours, carving lower highs as soft US PPI kept the dollar heavy. Price now probes the 162.07 support with RSI(14) in the mid-40s; the decline is stalling but there's no reclaim of 162.30 yet.

Support: 162.07, 161.99

Resistance: 162.30, 162.42

What it said to watch

  • M15 close below 162.07 opens the 161.99 prior low
  • Reclaim of 162.30 negates the lower-high sequence
  • US Retail Sales Thu 12:30 UTC could shift this read

16:01 UTC

Pullback off session high · RSI 42 · price 162.127

Lower highs, testing session low.

USD/JPY rejected the 162.42 session high during NY hours and rolled over to 162.07, now hovering near 162.13 below the EMA20. Soft US PPI weighed on the dollar but the pair is holding above 162.00; RSI(14) mid-40s, no oversold stretch yet.

Support: 162.073, 162.00

Resistance: 162.25, 162.419

What it said to watch

  • M15 close below 162.073 opens the 162.00 psych level
  • Reclaim of 162.25 EMA20 would neutralise the pullback read
  • US Retail Sales Thu 12:30 UTC could shift the read materially

15:46 UTC

Intraday pullback off session high · RSI 38 · price 162.117

Lower highs, pressing session low.

NY session rolled over from the session high at 162.419, printing a chain of lower highs back to the session low near 162.07. USD softness after the CPI/PPI misses is offset by JPY weakness near 40-yr lows, keeping the pair boxed; RSI(14) sits mid-30s with price below both EMAs.

Support: 162.073, 161.981

Resistance: 162.27, 162.419

What it said to watch

  • M15 close below 162.07 opens the path toward 161.98
  • Reclaim of 162.27 needed to break the lower-high sequence
  • Tokyo intervention rhetoric a risk if 162.85 comes into view

15:46 UTC

Intraday downtrend after fade from session high · RSI 40 · price 162.117

Lower highs, lost 162.23; testing session low.

USDJPY rejected the 162.42 session high and faded through the 162.23 shelf to a 162.07 session low during NY hours, printing lower highs; soft US PPI kept the dollar heavy. RSI(14) near 40, price now stalling at 162.12 just above the low with ATR ~8 pips.

Support: 162.073, 161.98

Resistance: 162.234, 162.419

What it said to watch

  • M15 close below 162.07 confirms a lower low toward 161.98
  • Reclaim of 162.23 negates the lower-high sequence
  • US Retail Sales Thu 12:30 UTC could reshape this read
  • Intervention rhetoric near the 162.85 40-yr high remains a JPY-positive risk

15:31 UTC

Intraday pullback, lower highs · RSI 41 · price 162.111

Descending highs off session high, testing lows.

USDJPY rolled off the 162.42 NY session high into a chain of lower highs, now pressing the 162.09 session low with RSI(14) near 41. Soft US PPI is capping the dollar, but persistent yen weakness near 40-yr lows is keeping the pair elevated.

Support: 162.09, 161.98

Resistance: 162.20, 162.27, 162.42

What it said to watch

  • M15 close below 162.09 opens the 161.98 prior low
  • Reclaim of 162.27 breaks the lower-high sequence
  • US Retail Sales (12:30 UTC Thu) could reset the intraday read

15:31 UTC

Intraday pullback off session high · RSI 42 · price 162.111

Lower highs since 162.42, testing 162.09 support.

NY session drifted lower off the 162.42 session high, printing lower highs and now retesting 162.09 support. USD stays soft after the PPI miss, but oil/Iran safe-haven flows keep JPY pinned near 40-yr lows, capping the downside. RSI mid-range at 42, no momentum extreme.

Support: 162.09, 161.96

Resistance: 162.21, 162.42

What it said to watch

  • Loss of 162.09 opens the path to the 161.96 session low
  • Reclaim of 162.21 minor pivot puts the 162.42 session high back in play
  • US Retail Sales tomorrow 12:30 UTC could materially shift this read

15:16 UTC

Pullback off NY session high, momentum soft · RSI 45 · price 162.201

Lower highs since 162.42, holding 162.11 floor.

USDJPY was rejected at the NY session high 162.419 and sold off to 162.107 before stabilising near 162.20, with rate-gap support keeping the yen pinned near 40-yr lows. Price now consolidates between 162.11 and 162.28, RSI(14) mid-range after the leg down.

Support: 162.107, 162.00, 161.98

Resistance: 162.278, 162.363, 162.419

What it said to watch

  • Reclaim of 162.278 reopens the 162.42 session high
  • Loss of 162.107 confirms a lower low toward 162.00
  • US Retail Sales tomorrow 12:30 UTC could reset this range

15:16 UTC

Uptrend stalling, pulling back · RSI 47 · price 162.201

Consolidating below session high after rejection.

USDJPY was rejected at the 162.419 session high during NY hours and has since drifted back under EMA20/50, now boxed 162.11-162.27. Yen stays soft near 40-yr lows even as USD softens on the PPI miss, keeping the pullback shallow.

Support: 162.107

Resistance: 162.278, 162.419

What it said to watch

  • M15 close below 162.107 confirms a lower low and breaks the range floor
  • Reclaim of 162.278 reopens the 162.419 session high
  • Fed Beige Book at 18:00 UTC could shift USD tone this session

15:01 UTC

Micro downtrend after session-high rejection · RSI 41 · price 162.135

Lower highs off 162.42, testing session lows.

NY session sold off after rejection at the 162.42 session high, printing lower highs and grinding back to the 162.12 session low with RSI(14) near 40. Price sits below EMA20/EMA50; a soft US PPI print kept the dollar heavy through the day.

Support: 162.12, 161.98

Resistance: 162.27, 162.42

What it said to watch

  • M15 close below 162.12 opens the 161.98 swing low
  • Reclaim of 162.27 needed to negate the lower-high sequence
  • US Retail Sales Thu 12:30 UTC and Warsh testimony can shift this read

15:01 UTC

Pulling back off session high · RSI 42 · price 162.135

Lower highs after rejection at 162.42.

NY session faded from the 162.42 session high and rolled into a chain of lower highs, RSI(14) cooling to the low 40s. Price is now pressing session lows near 162.12 after slicing back through EMA20/50; the 162.075 prior low is the last shelf before 162.00.

Support: 162.12, 162.075, 162.00

Resistance: 162.27, 162.42

What it said to watch

  • M15 close below 162.075 confirms a lower low and opens 162.00
  • Reclaim of 162.27 negates the lower-high sequence
  • US Retail Sales Thu 12:30 UTC could reset this intraday read

14:46 UTC

Intraday pullback after rejection · RSI 45 · price 162.179

Lower highs off 162.42, holding 162.13.

USD/JPY ground up through the NY session to a 162.42 rejection before sellers dragged it back, with soft US CPI/PPI keeping the dollar heavy. Buyers stepped in near 162.13; price is now chopping around 162.18 below EMA20/50, RSI mid-40s and offering no fresh impulse.

Support: 162.16, 162.13

Resistance: 162.27, 162.42

What it said to watch

  • M15 close back above 162.27 reopens the 162.42 session high
  • Loss of 162.13 extends the lower-high sequence
  • Warsh testimony fallout / US Retail Sales Thu could reset USD tone
  • 163.00 stays the intervention-sensitive cap

14:46 UTC

Pullback off session high, momentum soft · RSI 43 · price 162.179

Rejected 162.42, coiling near session lows.

NY session rejected the 162.42 session high and rolled back, price now consolidating near 162.13–162.20 below both EMAs with RSI(14) around 42. Move fits the softer USD tape after the weak PPI print, though JPY gains stay shallow near four-decade lows.

Support: 162.13, 162.00

Resistance: 162.27, 162.42

What it said to watch

  • M15 close back above 162.27 reopens the 162.42 session high
  • Loss of 162.13 confirms a lower low and exposes 162.00
  • Warsh testimony reaction could shift this read on USD repricing

14:31 UTC

Pullback off session high, drifting · RSI 46 · price 162.222

Rejection at session high, recovering off session low.

London session pushed to a session high of 162.42 before rejection dragged price back to 162.13 through the NY hours, a second day of drift lower after soft US CPI/PPI. Price is now recovering toward 162.22 and sitting just under EMA20/EMA50, RSI(14) mid-range near 46.

Support: 162.13, 162.00

Resistance: 162.35, 162.42

What it said to watch

  • Reclaim of 162.35 would restore the intraday upside structure
  • Loss of 162.13 opens a test of the 162.00 round number
  • Warsh testimony (14:00 UTC) tone could materially shift this read

14:31 UTC

Uptrend stalling, in pullback · RSI 48 · price 162.222

Pullback from session high, consolidating.

NY session drifted off the 162.42 session high and is consolidating near 162.22 as the dollar sits soft after the CPI/PPI misses. RSI(14) mid-range around 47 and price back below the EMA20/50 cluster; the up-leg from 161.92 has retraced roughly half its range.

Support: 162.13

Resistance: 162.419

What it said to watch

  • M15 close below 162.13 confirms a lower low
  • Reclaim of 162.42 needed to resume the intraday up-leg
  • Warsh testimony (14:00 UTC) could materially shift this read

14:16 UTC

NY uptrend stalled, pulling back · RSI 44 · price 162.191

Rejection at session high, retracing.

NY session pushed to a session high at 162.42 before sellers stepped in, dragging price back to 162.13 into the Warsh testimony window; USDJPY now hovers at 162.19, RSI(14) cooled to the mid-40s. The soft US CPI/PPI tape keeps the dollar heavy, but JPY gains stay shallow near four-decade lows.

Support: 162.13, 162.00

Resistance: 162.42

What it said to watch

  • Warsh testimony (14:00 UTC) is imminent and could materially shift this read
  • M15 close back above 162.42 reopens the session high
  • Loss of 162.13 exposes the 162.00 psych level

14:16 UTC

Pullback off session high, momentum soft · RSI 45 · price 162.191

Lower highs after rejection at 162.42.

USD/JPY rejected the session high at 162.42 during NY hours and sold off to 162.13, part of a second day of USD softness after cooler US CPI/PPI. Price has since drifted back to 162.19, sitting near the 50% retrace of the 161.98–162.42 leg with RSI(14) mid-range.

Support: 162.13, 162.00

Resistance: 162.27, 162.42

What it said to watch

  • Reclaim of 162.27 reopens the 162.42 session high
  • Loss of 162.13 exposes the 162.00 psych level
  • Warsh testimony (14:00 UTC) could materially shift this read

14:01 UTC

Uptrend, pulling back · RSI 45 · price 162.201

Rejected session high, retracing.

USD/JPY stalled at the session high 162.42 and slipped to 162.13 as soft US PPI kept the dollar heavy; RSI(14) cooling near 45. Buyers stepped in at 162.13 and the pair is hovering around 162.20 into Warsh testimony.

Support: 162.13, 162.00

Resistance: 162.42

What it said to watch

  • Warsh testimony (14:00 UTC) is the primary near-term driver and could materially shift this read
  • M15 close below 162.13 opens 162.00
  • Reclaim of 162.42 needed to resume the intraday climb

14:01 UTC

Intraday uptrend, pullback in play · RSI 46 · price 162.201

Pulled back from session high, consolidating.

NY session rally stalled at the 162.42 session high before sellers dragged price back to 162.13; pair now chopping around 162.20 with RSI(14) neutral near 46. Move tracks the second-day USD slide after soft CPI/PPI, but JPY gains stay shallow near four-decade lows.

Support: 162.13, 162.00

Resistance: 162.42, 162.70

What it said to watch

  • Warsh testimony (14:00 UTC) is the primary near-term driver and could reset this read
  • M15 close below 162.13 opens 162.00
  • Reclaim of 162.42 session high revives the intraday uptrend toward 162.70 range top

13:46 UTC

Uptrend stalling, pullback in play · RSI 48 · price 162.246

Rejection at session high, mid-range pullback.

NY session rejected the 162.419 session high and sold off to the 162.13 swing low before buyers stepped back in toward 162.25. USD stays soft after this week's CPI/PPI misses, but the pair is mid-range and back below EMA20 with RSI(14) neutral near 47.

Support: 162.13, 162.00

Resistance: 162.419, 162.70

What it said to watch

  • Warsh testimony at 14:00 UTC could materially shift this read within the hour
  • M15 close below 162.130 confirms a lower-low and opens 162.00
  • Reclaim of 162.419 reopens the 162.70 range top

13:46 UTC

Intraday uptrend, pulling back · RSI 47 · price 162.246

Rejection at session high, holding 50% retrace.

NY afternoon rejected the session high at 162.419 and dumped to 162.13 — the 50% retrace of the day's 161.84–162.42 climb — before a shallow bounce back to 162.25. RSI(14) cooled to the mid-40s; USD stays soft after the CPI/PPI misses but JPY upside is capped, keeping the pair pinned in the upper band.

Support: 162.13, 162.00

Resistance: 162.278, 162.419

What it said to watch

  • M15 close below 162.13 confirms a lower-low and opens 162.00
  • Reclaim of 162.278 needed to retest the 162.419 session high
  • Warsh testimony at 14:00 UTC could sharply shift this read

13:31 UTC

Uptrend, momentum slowing · RSI 48 · price 162.254

Higher highs into 162.42, now pulling back.

NY session pushed USDJPY to a session high of 162.419 before a sharp rejection dragged price back to the 162.13 session low, RSI(14) cooling toward mid-range. Pair is now recovering to 162.25, pinned near the 40-yr high as soft US CPI/PPI weighs on USD while intervention risk caps the upside below 163.

Support: 162.13

Resistance: 162.419, 162.37

What it said to watch

  • M15 close above 162.419 session high reopens the path toward 162.70
  • Failure to hold 162.13 session low confirms a lower low
  • Warsh testimony / Beige Book could shift this read within hours

13:31 UTC

Uptrend stalling, pullback in play · RSI 47 · price 162.254

Rejection off session high, holding above 162.13.

NY session pushed to a session high 162.42 then sold off sharply to 162.13, where buyers stepped in and lifted price back to 162.25. JPY stays soft near the 40-yr high with the 163.00 intervention zone capping, while USD is broadly offered after the soft PPI miss.

Support: 162.13, 162.00

Resistance: 162.42, 163.00

What it said to watch

  • Warsh testimony 14:00 UTC (imminent) could materially shift this read
  • Loss of 162.13 confirms a lower-low and opens 162.00
  • Reclaim of 162.42 puts the 163.00 cap back in view

13:16 UTC

Uptrend, momentum stalling · RSI 49 · price 162.222

Pullback from session high after HH chain.

London pushed the pair to a session high of 162.42 before supply capped it, and NY hours dragged price back to 162.13 where a bounce to 162.22 took hold. RSI(14) has cooled to neutral as the HH chain stalls; the 163.00 psych cap (intervention zone) remains untested.

Support: 162.13

Resistance: 162.42, 163.00

What it said to watch

  • Reclaim of 162.42 session high reopens the path toward 163.00 psych cap
  • M15 close below 162.13 session low confirms a lower-low
  • Fed Chair Warsh testimony ~14:00 UTC could materially shift this read

13:16 UTC

Uptrend stalling, pulling back · RSI 44 · price 162.222

Rejection at session high, testing intraday support.

NY session pushed USDJPY to a fresh session high at 162.42 then met rejection, sliding to 162.13 before a shallow bounce to 162.22; RSI(14) cooled to the mid-40s and price slipped below EMA20. USD stays broadly soft after cool US CPI and PPI, but the wide rate gap keeps the Yen defensive with the pair pinned near 40-year highs.

Support: 162.13, 162.00

Resistance: 162.42, 163.00

What it said to watch

  • Fed Warsh testimony (14:00 UTC) could materially shift this read
  • Close below 162.13 confirms a lower-low toward 162.00
  • Reclaim of 162.42 reopens the path to the 163.00 psych/intervention zone

13:02 UTC

Uptrend, momentum stalling · RSI 42 · price 162.179

Higher highs into 162.42, sharp pullback.

USDJPY climbed through the NY session to a 162.42 session high near 40-yr highs, then got rejected hard in the last hour back to 162.16 as RSI(14) cooled to ~42. Sharp three-bar drop broke the intraday rising support; price now sits below EMA20/50 after the fade.

Support: 162.14

Resistance: 162.42

What it said to watch

  • Fed Warsh testimony 14:00 UTC could materially shift this read
  • Loss of 162.14 session low confirms a lower-low
  • Reclaim of 162.42 session high revives the uptrend

13:02 UTC

Uptrend, sharp rejection into close · RSI 46 · price 162.179

HH/HL chain broken by late NY selloff.

NY session pushed to a session high at 162.42 then saw a sharp rejection, dumping ~28 pips into the close as broad USD softness followed the cool US PPI print. Price now back below EMA20/50 at 162.18, RSI(14) cooling to the mid-40s after the leg down; 162.14 session low is the immediate pivot.

Support: 162.14, 162.00, 161.98

Resistance: 162.30, 162.42

What it said to watch

  • Close back above 162.30 reopens the 162.42 session high
  • Failure to hold 162.14 exposes 162.00 psych then 161.98 swing low
  • Warsh testimony (14:00 UTC) could shift USD tone within the next bars

12:47 UTC

Uptrend stalling, pullback in play · RSI 46 · price 162.239

Session high rejected, higher-low chain under test.

NY session drove USD/JPY to a session high of 162.419 before the 12:30 UTC PPI batch and soft-USD tone knocked it back to 162.23 on the day's heaviest bar, snapping the intraday rising structure. RSI(14) has cooled to the mid-40s and price sits below EMA20 as the pullback probes the 162.20 area.

Support: 162.20, 161.98

Resistance: 162.419

What it said to watch

  • M15 close below 162.20 confirms a lower low toward the 162.00 area
  • Reclaim of 162.419 puts the session high back in play
  • Warsh testimony 14:00 UTC could materially shift this read

12:46 UTC

Uptrend, momentum stalling · RSI 46 · price 162.239

Higher highs into session top, sharp pullback.

NY session extended the grind up to a session high of 162.419 before a sharp rejection into the US PPI batch dropped price ~18 pips back to 162.24, RSI(14) cooling off from overbought. Move stalls just under the 162.70 intervention zone flagged by MoF.

Support: 162.10

Resistance: 162.419, 162.70

What it said to watch

  • M15 close below 162.10 breaks the rising intraday support
  • Warsh testimony 14:00 UTC could materially shift this read
  • 162.70/163.00 intervention threshold caps extension higher

12:31 UTC

Uptrend, momentum slowing · RSI 53 · price 162.323

Higher highs stalling below session high, shallow pullback.

NY session ground higher to a session high at 162.419 before easing back to 162.32 as the last bar tagged 162.272; RSI(14) cooling to the low-50s, ATR near 11 pips. Price holds above EMA20/50 with the rising intraday support intact — JPY relief from the soft US CPI stays capped by the wide rate gap near 40-year highs.

Support: 162.272, 162.20

Resistance: 162.419, 162.70

What it said to watch

  • Loss of 162.272 session low would break the rising intraday support and set a lower low
  • Reclaim of 162.419 session high reopens the path toward the 162.70 intervention zone
  • Warsh testimony (14:00 UTC) could materially shift this read

12:31 UTC

Uptrend, momentum slowing · RSI 56 · price 162.323

Higher highs into session high, shallow pullback.

USDJPY ground higher through London into NY, tagging a session high at 162.42 before easing back to 162.32; JPY relief from the soft US CPI print remains shallow against the wide rate gap. RSI(14) mid-range near 56, no extreme, and the last bar rejected 162.36 back toward rising support.

Support: 162.24

Resistance: 162.419, 162.70

What it said to watch

  • US PPI batch now (12:30 UTC) could materially shift this read
  • Close above 162.42 opens the path toward the 162.70 intervention zone
  • Failure to hold 162.24 confirms a lower-low and breaks rising support

12:16 UTC

Uptrend, momentum flattening near highs · RSI 56 · price 162.361

Higher highs / higher lows, coiling below session high.

USDJPY ground higher through the London-NY transition off the 161.98 swing low, printing a session high at 162.42 before stalling just under it, RSI cooling toward neutral. Price is coiling in the upper 162.30s with the 162.84 40-year-low pivot still overhead; the US PPI batch (12:30 UTC) is imminent.

Support: 162.30

Resistance: 162.42, 162.84

What it said to watch

  • M15 close above 162.42 opens the path toward the 162.84 40yr low pivot
  • Loss of 162.30 breaks the intraday higher-low chain
  • US PPI batch at 12:30 UTC could materially shift this read

12:16 UTC

Uptrend, grinding higher · RSI 58 · price 162.361

Higher lows into session highs.

USDJPY ground higher through the London-NY session on a chain of higher lows, tagging a session high at 162.42 before easing to 162.36; JPY had firmed modestly on yesterday's soft US CPI but carry keeps the pair pinned near 40-year highs. RSI(14) mid-range around 58, no extreme; the rising support off the 162.12 swing low is intact.

Support: 162.31, 162.12

Resistance: 162.42, 162.84

What it said to watch

  • US PPI batch 12:30 UTC could materially shift this read
  • Close below 162.31 breaks the rising support and the higher-low chain
  • Break above 162.42 session high opens the path toward the 162.84 40yr pivot ceiling

12:02 UTC

Uptrend, momentum slowing · RSI 57 · price 162.333

Higher highs into session high, shallow pullback.

London session drove USDJPY up to a session high of 162.42, RSI(14) cooling from the push. Price has since eased to 162.33, holding above rising intraday support; soft US CPI gave JPY mild relief but carry keeps the pair pinned near 40-yr lows.

Support: 162.30, 162.20

Resistance: 162.42, 162.84

What it said to watch

  • M15 close above 162.42 opens the path to the 162.84 40yr-low pivot
  • Failure to hold 162.30 exposes 162.20 prior low
  • PPI (12:30 UTC) and Warsh testimony (14:00 UTC) could materially shift this read

12:01 UTC

Uptrend, momentum easing · RSI 59 · price 162.333

Higher highs into session high, minor pullback.

Steady M15 uptrend through the London-NY transition, printing a session high at 162.42 before slipping back to 162.33 as RSI(14) cools from the mid-60s. JPY caught mild relief from yesterday's soft US CPI but carry keeps the pair pinned near 40-yr highs; support at 162.20 and 162.00 held on prior dips.

Support: 162.20, 162.00

Resistance: 162.42, 162.84, 163.00

What it said to watch

  • PPI batch at 12:30 UTC (~30m) and Warsh testimony 14:00 UTC could materially shift this read
  • Close above 162.42 opens the path toward the 162.84 pivot and 163.00 ceiling
  • Failure to hold 162.20 confirms a lower-low and unwinds the intraday uptrend

11:46 UTC

Uptrend, momentum slowing · RSI 59 · price 162.361

Higher highs into session top, shallow pullback.

USDJPY ground higher through NY hours to a session high at 162.42 before a shallow pullback to 162.36, RSI cooling from the highs. The pair stays heavy-carry bid near 40-year lows; softer US CPI has trimmed USD but the rate gap keeps a floor under the grind toward the 162.84 pivot.

Support: 162.20

Resistance: 162.42, 162.84

What it said to watch

  • M15 close above 162.42 opens the path to the 162.84 pivot
  • Loss of 162.20 breaks the rising support and voids the higher-low chain
  • Warsh testimony at 14:00 UTC could materially shift this read

11:46 UTC

Uptrend, grinding higher · RSI 62 · price 162.361

Higher highs, higher lows.

USDJPY has ground steadily higher through the London-NY session, printing a session high at 162.42 before easing to 162.36; carry keeps the pair heavy on JPY despite soft US CPI. RSI(14) near 62 with no extreme, price holding above EMA20/50 in a shallow rising channel.

Support: 162.30

Resistance: 162.42, 162.84

What it said to watch

  • US PPI at 12:30 UTC (~45m out) could materially shift this read
  • Close above 162.42 opens the path toward the 162.84 40yr-low pivot
  • Failure to hold 162.30 breaks the rising-low sequence

11:32 UTC

Uptrend, grinding higher · RSI 62 · price 162.378

Higher highs / higher lows since London.

USDJPY fully recovered the early-Asia flush to 161.60 and has ground up through the session in a rising channel, now pressing the session high at 162.42 with RSI(14) around 62 — hot but not stretched. Each dip has held higher, most recently the 162.28 area.

Support: 162.28, 162.20

Resistance: 162.42, 162.84

What it said to watch

  • US Core PPI 12:30 UTC (~1h) could shift this read
  • Close above 162.42 opens the path toward the 162.84 40yr-low pivot
  • Failure to hold 162.28 breaks the intraday higher-low chain

11:31 UTC

Uptrend, grinding higher · RSI 59 · price 162.378

Higher highs and higher lows since NY session.

USDJPY recovered from an early sweep to 161.60 after the soft US CPI print firmed JPY, then ground steadily higher through London-NY to a session high at 162.419. Price holds above both EMAs in a clean HH/HL chain, now consolidating at 162.38 just under the session high with RSI mid-range.

Support: 162.31

Resistance: 162.419, 162.84

What it said to watch

  • M15 close above 162.419 opens the path toward the 162.84 40yr pivot
  • Failure to hold 162.31 breaks the rising support and the HL chain
  • US PPI cluster at 12:30 UTC and Warsh testimony 14:00 UTC could reprice this read

11:16 UTC

Intraday uptrend, recovering · RSI 57 · price 162.344

Higher highs and higher lows since early flush.

USDJPY recovered steadily off the early flush to 161.60 and ground back up through the session, JPY relief from the soft US CPI absorbed by carry. Buyers held higher lows into 162.24 and price tags the session high at 162.419 before a shallow pullback to 162.34.

Support: 162.24

Resistance: 162.419, 162.84

What it said to watch

  • Close above 162.419 opens the path toward the 162.84 40yr pivot
  • Loss of 162.24 breaks the rising-low chain
  • US PPI cluster 12:30 UTC and Warsh testimony 14:00 UTC could shift this read

11:16 UTC

Uptrend, recovery grind higher · RSI 58 · price 162.344

Higher highs/lows off 161.60 flush.

USDJPY has ground back to the session high at 162.42 after the CPI-driven flush to 161.60 yesterday, JPY relief fading as carry reasserts. Pullback from 162.419 held above 162.24, RSI(14) mid-range with room in either direction.

Support: 162.24

Resistance: 162.42, 162.84

What it said to watch

  • M15 close below 162.24 breaks the rising higher-low sequence
  • Approach to 162.84 40-yr pivot raises MoF intervention odds
  • US PPI cluster 12:30 UTC and Warsh testimony 14:00 UTC could shift this read

11:02 UTC

Uptrend, momentum easing · RSI 60 · price 162.346

Higher highs into NY session, shallow pullback.

NY session extended the grind higher into a session high at 162.419 before a shallow pull back to 162.35; soft US CPI gave JPY brief relief early in the window (spike to 161.99) but carry has kept the pair bid since. Rising lows off 161.99 remain intact and RSI(14) near 60 leaves room before extremes.

Support: 162.20, 161.99

Resistance: 162.419, 162.84

What it said to watch

  • US PPI cluster at 12:30 UTC could shift this read sharply
  • Close above 162.419 opens the path toward the 162.84 40yr pivot
  • Failure to hold 162.20 breaks the rising-lows structure

11:01 UTC

Intraday uptrend, grinding higher · RSI 57 · price 162.346

Higher lows since CPI spike low.

USDJPY has climbed steadily off the 161.60 CPI-driven spike low, printing higher lows through the London-NY session and tagging 162.42 before rejecting back to 162.35. Momentum is constructive but not stretched, RSI(14) near 57, with price parked just under the session high.

Support: 162.19, 162.10

Resistance: 162.42, 162.84

What it said to watch

  • M15 close below 162.19 breaks the rising higher-low structure
  • Approach to the 162.84 40yr pivot raises MoF intervention odds
  • US Core PPI 12:30 UTC and Warsh testimony 14:00 UTC could shift this read

10:46 UTC

Uptrend, grinding to session highs · RSI 68 · price 162.397

Higher highs and higher lows since the CPI-driven dip.

USDJPY spiked to 161.60 early in the window on the soft US CPI JPY relief, then recovered steadily through the day and is now printing session highs at 162.42. RSI(14) near 68 as buyers keep the grind intact along rising support; the tape is orderly, not stretched.

Support: 162.243

Resistance: 162.419, 162.70, 162.84

What it said to watch

  • A close above 162.42 opens the path toward 162.70
  • Loss of 162.24 swing low breaks the rising-support sequence
  • US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could reshape this read
  • Proximity to the 162.84 40-yr low raises intervention-headline risk

10:46 UTC

Uptrend, grinding higher · RSI 68 · price 162.397

HH/HL chain off the early flush.

USDJPY has ground back up all session after an early sweep to 161.60, printing a clean HH/HL chain into the London hours and tagging a fresh session high at 162.42. RSI(14) near 68 is warm but not extreme; buyers keep stepping in on dips as the pair edges toward the 40-year pivot at 162.84.

Support: 162.24, 161.60

Resistance: 162.42, 162.84, 163.00

What it said to watch

  • M15 close above 162.42 opens the path toward the 162.84 pivot
  • Failure to hold 162.24 breaks the ascending HL chain
  • Proximity to 162.84 / 163.00 raises MoF intervention risk
  • US PPI at 12:30 UTC could shift this read

10:31 UTC

Uptrend, grinding higher into resistance · RSI 70 · price 162.398

Higher highs and higher lows since London spike-low recovery.

USDJPY has ground back up through the London session after an early sharp spike to 161.60, printing higher lows into a fresh session high at 162.42 with RSI(14) near 70. The carry-driven grind toward the 40-year-low pivot at 162.84 remains intact; USD stayed heavy after yesterday's soft CPI but yen upside is capped by the rate gap.

Support: 162.24

Resistance: 162.42, 162.84

What it said to watch

  • PPI at 12:30 UTC and Warsh testimony at 14:00 UTC could materially shift this read
  • Close above 162.42 opens the path toward the 162.84 pivot
  • Loss of 162.24 breaks the higher-low chain

10:31 UTC

Uptrend, grinding to session high · RSI 69 · price 162.398

Recovery HH/HL chain post-flush.

USDJPY has clawed back the CPI-driven flush to 161.60 and is grinding into the London-NY transition, printing a fresh session high near 162.42 with RSI(14) around 69. A steady HH/HL chain off 162.12 keeps the recovery intact; the 40-year-low pivot at 162.84 sits above as the next area to watch.

Support: 162.24, 161.60

Resistance: 162.42, 162.70, 162.84

What it said to watch

  • M15 close above 162.42 opens the path toward 162.70 and the 162.84 pivot
  • Failure to hold 162.24 rising support breaks the recovery chain
  • US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read

10:17 UTC

Recovery uptrend, grinding higher · RSI 67 · price 162.384

Higher highs off the CPI flush, at session high.

USDJPY has ground higher through the London session, printing a fresh session high at 162.39 as it fully recovered the CPI-driven flush to 161.60 seen yesterday. Price sits extended above EMA20/50 with RSI(14) near 67 — hot but not extreme; the 162.84 40-year-low pivot is the next upside marker.

Support: 162.24

Resistance: 162.394, 162.84

What it said to watch

  • US PPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
  • Approach to 162.84 40yr low raises MoF intervention odds — area to watch for rejection
  • Loss of 162.24 swing low would break the rising-low chain

10:16 UTC

Uptrend, grinding higher · RSI 67 · price 162.384

Higher highs and higher lows since 161.60 low.

After JPY firmed on the soft US CPI print — dropping USDJPY to 161.60 — the pair has ground steadily back up through the session, printing higher lows and now stalling into the 162.39 session high. Price sits within touching distance of the 40-year pivot at 162.84.

Support: 162.24

Resistance: 162.394, 162.84

What it said to watch

  • Break above 162.394 session high extends the grind toward the 162.84 40yr pivot
  • Proximity to 162.84 raises MoF intervention odds
  • Failure to hold 162.24 breaks the higher-low chain
  • US PPI at 12:30 UTC and Warsh testimony at 14:00 UTC could shift this read

10:01 UTC

Uptrend, grinding to session high · RSI 69 · price 162.367

Higher lows since post-CPI drop, testing session top.

USDJPY has ground back to the session high at 162.372 after yesterday's soft-US-CPI flush to 161.60, printing a steady chain of higher lows through the London session. RSI(14) near 69, hot but not extreme; buyers defended 162.24 on the last pullback and price sits just under the session top.

Support: 162.243, 162.00

Resistance: 162.372, 162.70

What it said to watch

  • M15 close above 162.372 opens the path toward the 162.70 40yr zone
  • Loss of 162.24 breaks the higher-low chain and reopens 162.00
  • US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could reprice USD sharply

10:01 UTC

Uptrend, grinding higher · RSI 67 · price 162.367

Higher highs / higher lows since CPI flush.

USDJPY has clawed back the entire CPI-driven flush to 161.60, printing a fresh session high at 162.37 into the NY hours with RSI(14) elevated near 67 but not yet stretched. Buyers defended 162.20 through the pullbacks; the 40-yr-high resistance at 162.70 remains untested overhead.

Support: 162.20, 161.60

Resistance: 162.37, 162.70

What it said to watch

  • Loss of 162.20 breaks the higher-low chain
  • Clean push through 162.70 opens the path to 163.00
  • US PPI 12:30 UTC and Warsh testimony 14:00 UTC could reprice USD legs

09:47 UTC

Recovery uptrend after CPI flush · RSI 63 · price 162.326

Higher lows grinding into session high.

USDJPY has fully retraced the CPI-driven flush to 161.60 and is grinding back toward the session high at 162.35, printing higher lows on a rising support line. RSI(14) mid-60s, not yet stretched; price holds above EMA20/50.

Support: 162.243

Resistance: 162.348

What it said to watch

  • Rejection at 162.35 session high caps the recovery and puts the rising support back in focus
  • Loss of 162.24 breaks the higher-low chain
  • US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could reset this read

09:46 UTC

Recovery uptrend, higher lows · RSI 63 · price 162.326

HH/HL chain off the 161.60 flush.

USD/JPY ground higher through the London session, printing a fresh session high at 162.35 after recovering the CPI-driven flush to 161.60 yesterday. Buyers stepped in repeatedly around 162.20 on dips; RSI(14) mid-60s and ATR near 6 pips keeps moves compressed into the NY hand-off.

Support: 162.20, 161.60

Resistance: 162.35, 162.70

What it said to watch

  • Close above 162.35 opens the 162.70 resistance zone
  • Loss of 162.20 breaks the ascending support line
  • US PPI at 12:30 UTC / Warsh testimony 14:00 UTC could shift this read

09:31 UTC

Recovering, grinding higher · RSI 63 · price 162.317

Higher highs off CPI-drop low, near session high.

USDJPY has fully retraced yesterday's CPI-driven flush to 161.60 and is grinding higher through the London session, printing a session high at 162.348 with RSI(14) around 62. Price holds above EMA20/50 on a chain of higher lows; buyers defended 162.12 and 162.24 on the way up.

Support: 162.24, 162.12

Resistance: 162.35, 162.70

What it said to watch

  • US PPI at 12:30 UTC could materially shift this read; hot core PPI re-arms USD strength
  • Close above 162.35 opens the path toward the 162.70 40yr zone
  • Loss of 162.12 breaks the higher-low chain

09:31 UTC

Uptrend, grinding into session high · RSI 61 · price 162.317

Higher highs and higher lows since the CPI drop.

USD/JPY recovered the CPI-driven flush to 161.60 and has ground steadily higher through the European session, printing a session high at 162.348 before easing to 162.32. RSI(14) near 61, sitting just under the session high with buyers defending the 162.24 pullback low.

Support: 162.243

Resistance: 162.348, 162.70

What it said to watch

  • US PPI at 12:30 UTC could re-arm the USD trade and shift this read
  • M15 close above 162.348 opens the path toward the 162.70 prior high
  • Loss of 162.24 pullback low breaks the rising-low chain

09:16 UTC

Recovery uptrend after CPI flush · RSI 63 · price 162.278

Higher lows since 161.60, pressing session high.

USD/JPY sold off sharply to 161.60 on yesterday's soft US CPI, then ground back up in a chain of higher lows to retest the 162.35 session high. Price now sits at 162.28, above EMA20/50 with RSI(14) around 63 — recovery intact but not yet overbought.

Support: 162.12, 161.98, 161.60

Resistance: 162.35, 162.70

What it said to watch

  • US PPI at 12:30 UTC (core MoM 0.4% f/c) could materially shift this read
  • Close above 162.35 opens the path to the 162.70 supply zone
  • Loss of 162.12 breaks the higher-low chain and reopens 161.98

09:16 UTC

Uptrend, grinding higher · RSI 61 · price 162.278

Higher highs/higher lows off CPI-spike low.

USD/JPY has ground steadily higher through the London session after stabilising above 161.90 following yesterday's CPI-driven spike down to 161.60. A fresh session high at 162.348 was printed before a slight pullback to 162.278; RSI(14) mid-60s, still room before overbought.

Support: 162.20, 161.90

Resistance: 162.348, 163.00

What it said to watch

  • US PPI at 12:30 UTC could materially shift this read in the next hours
  • M15 close below 162.20 breaks the rising sequence of higher lows
  • Approach to 163.00 intervention line raises MoF headline risk

09:02 UTC

Recovery grind higher off the flush · RSI 62 · price 162.291

Higher highs since the 161.60 sweep, testing session high.

USD/JPY swept down to 161.60 on yesterday's soft US CPI, then ground back up through the Asian range into London, printing higher highs toward the 162.35 session high. RSI(14) near 62, momentum firm but not stretched; the pair remains pinned below the 162.70 zone and the 40-year-low intervention area.

Support: 162.13, 161.60

Resistance: 162.35, 162.70

What it said to watch

  • Close above 162.35 opens the path toward 162.70
  • Loss of 162.13 breaks the intraday higher-low chain
  • US PPI at 12:30 UTC could materially shift this read

09:02 UTC

Recovery grind higher off spike low · RSI 62 · price 162.291

Higher lows, pressing session high.

USDJPY has clawed back the CPI-driven flush to 161.60 and is now pressing the session high at 162.35 during London hours, a chain of higher lows intact. RSI(14) near 62 with room before it runs hot; the pair sits inside the 162.70 supply zone officials are watching ahead of the 40-yr low.

Support: 162.12

Resistance: 162.348, 162.70

What it said to watch

  • M15 close above 162.35 opens the path toward the 162.70 supply zone
  • Loss of 162.12 swing low breaks the higher-low sequence
  • US PPI at 12:30 UTC could materially shift this read

08:47 UTC

Recovery uptrend, grinding higher · RSI 58 · price 162.29

Higher highs, higher lows since CPI low.

USD/JPY sold off sharply into 161.60 on the soft US CPI print at 12:30 UTC Jul 14, then recovered through the London session in a steady chain of higher lows, printing a session high at 162.35. RSI(14) near 58 with ATR around 8 pips; the 162.35 session high is the immediate cap.

Support: 162.10, 161.60

Resistance: 162.35, 162.70

What it said to watch

  • M15 close above 162.35 opens the path to the 162.70 zone
  • Loss of the 162.10 rising trendline breaks the higher-low chain
  • US Core PPI at 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read

08:46 UTC

Recovery uptrend, grinding higher · RSI 62 · price 162.29

Higher highs off the 161.60 sweep low.

USD/JPY has ground higher through London hours, recovering fully from the 161.60 sweep ~20h ago and printing a session high at 162.35 with RSI(14) near 62. The climb is holding above rising intraday support; soft US CPI relief for the yen capped the earlier drop but the wide rate gap keeps price pressing toward the 162.70 zone.

Support: 162.10

Resistance: 162.35, 162.70

What it said to watch

  • M15 close above 162.35 opens the path to the 162.70 range top
  • Failure to hold 162.10 threatens the recovery structure
  • US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read

08:32 UTC

Recovering, grinding higher · RSI 61 · price 162.27

Higher lows since CPI spike low, back near session high.

USD/JPY swept down to 161.60 on the soft US CPI print at 12:30 UTC yesterday, then staged a two-session recovery and is now grinding back to the 162.35 session high, RSI(14) mid-60s. Higher lows are holding above 162.00; pullback to 162.27 into the London session sits just under the range top.

Support: 162.00, 161.60

Resistance: 162.35, 162.84

What it said to watch

  • Close above 162.35 opens the path toward the 162.84 40-yr low
  • Loss of 162.00 support breaks the higher-low chain
  • US PPI at 12:30 UTC and Warsh at 14:00 UTC could shift this read

08:31 UTC

Recovery uptrend, momentum easing · RSI 62 · price 162.27

Higher lows since CPI flush, grinding into session high.

USD/JPY flushed to 161.60 on yesterday's soft US CPI print then clawed the entire move back, now pressing the 162.35 session high with RSI(14) around 62 and cooling. Chain of higher lows holds since the flush; 162.10 is the last defended pivot.

Support: 162.10

Resistance: 162.35, 162.84

What it said to watch

  • M15 close above 162.35 session high opens the path toward the 162.84 40-yr low
  • Failure to hold 162.10 swing low breaks the higher-low chain
  • US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read

08:17 UTC

Recovery uptrend, higher lows · RSI 64 · price 162.33

Reclaimed CPI drop, grinding to session highs.

USDJPY has fully retraced yesterday's soft-CPI flush to 161.60 and is grinding back to session highs near 162.35, printing a chain of higher lows through the London session. RSI mid-60s, ATR compressed to ~7 pips as the pair coils under the prior high.

Support: 162.00, 161.98, 161.60

Resistance: 162.35, 162.84

What it said to watch

  • Close above 162.35 opens the path toward the 162.84 40-yr low / intervention zone
  • 162.84-163.00 remains the MoF intervention trip-wire
  • Failure to hold 162.00 breaks the recovery higher-low structure
  • US PPI 12:30 UTC and Warsh testimony 14:00 UTC could reshape the USD leg

08:16 UTC

Recovering, grinding higher · RSI 66 · price 162.33

Higher lows off 161.60, reclaiming session range top.

USDJPY clawed back through London hours to a session high of 162.35, reclaiming the range top after the CPI-driven flush to 161.60 yesterday. Chain of higher lows since 162.00 intact; RSI(14) firm near 66, not yet stretched.

Support: 162.00, 161.60

Resistance: 162.35, 162.84

What it said to watch

  • M15 close above 162.35 opens the path toward the 162.84 40yr low / intervention zone
  • Loss of 162.00 breaks the higher-low chain
  • US Core PPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read

08:01 UTC

Recovering, grinding higher · RSI 58 · price 162.269

Higher lows since CPI spike low.

USDJPY swept 161.60 on yesterday's soft US CPI print then clawed back above 162.20, building a chain of higher lows through London. Price is grinding into the 162.31 session high with RSI(14) mid-range; topside capped by 40-yr-high territory and the 162.70/163.00 intervention threshold.

Support: 162.00, 161.73

Resistance: 162.31, 162.70

What it said to watch

  • M15 close above 162.31 opens the path toward the 162.70 intervention zone
  • Loss of 162.00 psych reopens the 161.73 CPI low
  • US PPI at 12:30 UTC could materially shift this read

08:01 UTC

Recovery grind, higher lows · RSI 60 · price 162.269

Rebuilding after sweep of 161.60.

USDJPY has clawed back almost the entire CPI-driven drop to 161.60, grinding higher through London hours to press the session high at 162.31. RSI(14) near 60 with a chain of higher lows off 161.98; range top the immediate cap.

Support: 162.00, 161.60

Resistance: 162.31, 162.70, 163.00

What it said to watch

  • M15 close above 162.31 opens the path toward the 162.70/163.00 intervention zone
  • Loss of 162.00 pivot reopens the 161.60 low
  • US PPI at 12:30 UTC and Warsh testimony at 14:00 UTC could materially shift this read

07:46 UTC

Recovery, mild uptrend · RSI 56 · price 162.268

Higher lows after sharp flush, back near range top.

USDJPY has ground back to 162.27 on rising lows after the CPI-driven flush to 161.60 earlier in the window, price now testing the 162.31 session high. RSI(14) mid-range near 56 with modest ATR (~6 pips); demand stepping in around 162.10 through the London session.

Support: 162.12

Resistance: 162.307, 162.70

What it said to watch

  • M15 close above 162.31 opens continuation toward the 162.70 intervention zone
  • Loss of 162.12 and the rising-lows line reasserts the downside
  • US Core PPI at 12:30 UTC could materially shift this read

07:46 UTC

Recovery uptrend, momentum modest · RSI 57 · price 162.268

Higher lows since London flush.

USDJPY flushed to 161.60 during the London session then ground back through a chain of higher lows, now retesting the 162.31 session high with RSI(14) mid-range near 57. Recovery follows soft US June CPI that trimmed Fed hike bets; topside remains capped by intervention risk into the 162.70/163.00 zone.

Support: 162.10, 161.60

Resistance: 162.31, 162.70

What it said to watch

  • M15 close above 162.31 extends the higher-high sequence toward 162.70
  • Failure to hold 162.10 breaks the rising-low structure
  • US Core PPI at 12:30 UTC could materially shift this read
  • Warsh testimony 14:00 UTC — USD tone risk

07:32 UTC

Recovery, grinding higher · RSI 61 · price 162.278

Higher lows off the 161.60 spike, retesting session high.

USDJPY has clawed back the NY-session flush to 161.60, London printing higher lows and pushing the session high at 162.31. RSI(14) mid-60s, still room before hot; price holding above EMA20/50 with 162.10 the near pivot on the downside.

Support: 162.10, 162.00, 161.60

Resistance: 162.31, 162.70

What it said to watch

  • Close above 162.31 opens the path toward the 162.70 intervention zone
  • Failure to hold 162.10 reopens 162.00 and the 161.60 low
  • US PPI at 12:30 UTC could materially shift this read

07:31 UTC

Consolidation, grinding higher off lows · RSI 62 · price 162.278

Recovering within intraday range below session high.

London session grinding higher off the 162.00 area after yesterday's soft-CPI spike lower to 161.60; last bars pushed to 162.28 with RSI(14) mid-60s. Price now testing the 162.31 session high with 162.39 prior high the next cap.

Support: 162.10, 161.98, 161.60

Resistance: 162.31, 162.39, 162.70

What it said to watch

  • M15 close above 162.39 opens a retest toward the 162.70 intervention zone
  • Failure to hold 162.10 swing low reopens the 161.98 session low
  • US PPI at 12:30 UTC could materially shift this read

07:16 UTC

Range-bound, no clear direction · RSI 54 · price 162.226

Choppy consolidation after flush and recovery.

USDJPY is grinding in a 162.10–162.28 range after a sharp flush to 161.60 during the prior session, tied to yesterday's soft US CPI, then a full recovery. RSI(14) near 54 and price sitting just above EMA20/50 — no directional setup in play.

Support: 162.10, 161.98, 161.60

Resistance: 162.28, 162.35

What it said to watch

  • M15 close below 162.10 opens the 161.98 swing low
  • Break above 162.28 session high exposes 162.35 prior high
  • US PPI at 12:30 UTC could break this range

07:16 UTC

Range-bound after recovery · RSI 55 · price 162.226

Consolidating 162.00–162.28.

USDJPY grinding sideways around 162.20 during London hours, recovered from the 161.60 flush that hit on the soft US CPI print and holding a tight 162.00–162.28 band since. RSI(14) neutral near 55, ATR compressed to ~6 pips — no setup in play.

Support: 162.00, 161.98, 161.60

Resistance: 162.28, 162.84

What it said to watch

  • US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could break the 162.00–162.28 range
  • M15 close above 162.28 opens path toward the 162.84 40yr high where intervention odds rise
  • Loss of 162.00 reopens the 161.60 drop low

07:01 UTC

Range, recovered off CPI flush · RSI 52 · price 162.208

Consolidating near session highs after sharp dip.

USDJPY is ranging 162.10–162.28 after recovering most of yesterday's CPI-driven flush to 161.60. RSI sits neutral near 52 with price holding above EMA20/50; buyers have repeatedly stepped in around 162.10 through the London session.

Support: 162.10, 161.98, 161.60

Resistance: 162.28, 162.23

What it said to watch

  • US PPI at 12:30 UTC (~5.5h) could break this range
  • M15 close above 162.28 opens path back toward 162.70
  • Loss of 162.10 exposes 161.98 swing low

07:01 UTC

Recovered off spike low, now ranging · RSI 52 · price 162.208

Consolidation after v-recovery.

USDJPY swept down to 161.60 on yesterday's soft US CPI print then recovered to sit around 162.20; London hours have been quiet, holding a tight 162.10–162.28 range. Price is back above the intraday EMAs with RSI(14) neutral near 52.

Support: 162.10, 161.96, 161.60

Resistance: 162.28, 162.70

What it said to watch

  • M15 close above 162.28 swing high opens the path toward the 162.70 band top
  • Failure to hold 162.10 intraday support exposes the 161.96 session low
  • US PPI at 12:30 UTC could break this range

06:47 UTC

Range-bound, momentum flat · RSI 43 · price 162.123

Consolidation after CPI flush, holding 162.00–162.28.

USD/JPY is ranging 162.00–162.28 through the London session after yesterday's soft-CPI flush to 161.60; RSI(14) near 42 with price sitting back below EMA20/50. Supply capping the 162.23 range top, demand holding the 162.00 area.

Support: 162.00, 161.60

Resistance: 162.23, 162.28

What it said to watch

  • M15 close below 162.00 exposes the CPI low at 161.60
  • Close above 162.28 breaks the range top and reopens the session high
  • US Core PPI at 12:30 UTC could break this range

06:46 UTC

Ranging, drifting toward range lows · RSI 43 · price 162.123

Consolidation after CPI-driven flush, recovery stalling.

USD/JPY flushed to 161.60 on yesterday's soft US CPI print then recovered to 162.28, and has since coiled in a 162.00–162.28 range through the Asia session. Price is now drifting toward the range floor near 162.00 with RSI mid-40s and ATR compressed around 7 pips.

Support: 162.00, 161.60

Resistance: 162.23, 162.28

What it said to watch

  • M15 close below 162.00 confirms a lower-low toward the 161.60 spike low
  • Reclaim of 162.28 session high reopens the upper 162.70 band
  • Proximity to the 162.84 40-yr high keeps MoF intervention headlines in play

06:32 UTC

Recovered off lows, now flat · RSI 52 · price 162.18

Consolidation after spike-low recovery.

Soft US CPI spiked USD/JPY down to the 161.60 spike low during yesterday's NY hours before a steady recovery back to the 162.28 session high. Price has since consolidated in a tight 162.03–162.28 range through the quiet Asian session, with RSI(14) neutral near 52 and ATR compressed to ~5 pips.

Support: 162.03, 161.98, 161.60

Resistance: 162.28, 162.37

What it said to watch

  • M15 close above 162.28 opens a retest toward the 162.37 prior high
  • Loss of 162.03 range low exposes the 161.60 spike low
  • London open could break the Asian range in either direction
  • Intervention/GPIF headlines near the 162.84 four-decade high carry snap-back risk

06:31 UTC

Ranging, no clear momentum · RSI 49 · price 162.18

Consolidation after sweep reversal.

USD/JPY is consolidating between 162.06 and 162.28 after an early sweep to 161.60 fully reversed, a move tied to softer US CPI trimming Fed-hike bets. RSI(14) sits neutral near 49 and price is hugging EMA20/50; range top is capping into thin early-London trade.

Support: 162.06, 162.00, 161.60

Resistance: 162.28, 162.48

What it said to watch

  • M15 close above 162.28 opens the path to 162.48
  • Loss of 162.00 re-exposes the 161.60 sweep low
  • US Core PPI at 12:30 UTC (~6h out) could break this range

06:16 UTC

Rangebound, momentum flat · RSI 49 · price 162.185

Consolidation after CPI-driven drop.

USDJPY is grinding in a tight 162.03–162.23 range after yesterday's soft US CPI drove the sharp flush to 161.60. Recovery stalled below 162.28 and price has since chopped sideways through the Asia-London handover, RSI flat near 49 with ATR compressing to ~6 pips.

Support: 162.03, 161.98, 161.60

Resistance: 162.23, 162.28

What it said to watch

  • Close above 162.23 reopens 162.70 toward the 162.84 4-decade high
  • Break below 162.00 exposes the 161.60 CPI low
  • Core PPI at 12:30 UTC could break this range

06:16 UTC

Ranging after sharp drop · RSI 51 · price 162.185

Consolidation above the CPI low.

USD/JPY plunged to 161.60 on yesterday's soft US CPI print, then clawed back to consolidate in a tight 162.03–162.25 band through the Asia session. RSI(14) neutral near 50 and ATR barely 5-6 pips — momentum has drained, price idling just below the range top.

Support: 162.03, 161.60

Resistance: 162.25, 162.38

What it said to watch

  • M15 close above 162.25 opens the 162.38 session high
  • Loss of 162.03 exposes the 161.60 CPI low
  • 162.84 four-decade high above remains the intervention-risk zone
  • US Core PPI at 12:30 UTC could break this range

06:01 UTC

Recovered off spike low, now flat · RSI 53 · price 162.206

Ranging after sharp CPI-driven drop.

USD/JPY dumped to 161.60 on the soft US CPI print, then clawed back and has ground sideways between 162.05 and 162.28 through the Asia session. RSI(14) neutral near 53, ATR compressed to ~6 pips — no intraday momentum, just range rotation below the 40-year high.

Support: 162.05, 162.00, 161.60

Resistance: 162.28, 162.37, 162.70

What it said to watch

  • M15 close above 162.28 opens the path back toward 162.37 / 162.70
  • Loss of 162.05 exposes the psych 162.00 and reopens the 161.60 cpi low
  • Core PPI at 12:30 UTC could break this range either way

06:01 UTC

Recovered off CPI spike, now ranging · RSI 53 · price 162.206

Range after sharp CPI drop and rebound.

USD/JPY was sold sharply to 161.60 mid-window on the cooler US CPI print before buyers reclaimed the losses, and Asia has since coiled into a tight 162.00–162.27 range. Price is holding just above EMA20/50 with RSI(14) neutral near 53; no directional setup in play.

Support: 162.00, 161.60

Resistance: 162.27, 162.70

What it said to watch

  • M15 close below 162.00 reopens the 161.60 spike low
  • Break above 162.27 exposes 162.70
  • Proximity to the 162.84 40-year high keeps intervention risk live
  • Core PPI at 12:30 UTC could shift this range read

05:47 UTC

Range-bound after CPI drop · RSI 53 · price 162.198

Consolidation in 162.00-162.27 band.

USD/JPY sold off sharply to 161.60 on yesterday's soft US CPI print (12:30 UTC), then recovered and has been ranging 162.00-162.27 through the Asia session. Price sits mid-range at 162.20 with RSI(14) neutral near 53; no directional setup in play.

Support: 162.00, 161.60

Resistance: 162.27, 162.37

What it said to watch

  • Core PPI at 12:30 UTC could break the 162.00-162.27 range
  • M15 close above 162.27 opens the path back toward 162.37
  • Loss of 162.00 exposes the 161.60 cpi low
  • Proximity to the 162.84 40-year high keeps intervention risk live

05:46 UTC

Recovered off lows, now flat · RSI 54 · price 162.198

Consolidation between 162.00 and 162.27 after spike low.

USD/JPY was slammed to 161.60 on the soft US CPI print but recovered and has since been consolidating 162.00-162.27, holding near the 40-yr-high zone. RSI neutral near 54, ATR compressed to ~5 pips — no directional impulse into the Asian close.

Support: 162.00, 161.98, 161.60

Resistance: 162.27, 162.37

What it said to watch

  • M15 close above 162.27 session high opens the path back toward 162.37 and the 162.70 cap
  • Failure to hold 162.00 psych exposes the 161.98 swing low and the 161.60 spike low
  • Proximity to 162.84 40-yr high keeps intervention risk live
  • Core PPI at 12:30 UTC could materially shift this read

05:31 UTC

Range after CPI drop, drift higher · RSI 54 · price 162.204

Consolidation, rising lows into 162.28 cap.

USDJPY ranging 162.00–162.28 in the Asian session after yesterday's soft US CPI knocked it to 161.60 before a full recovery. Rising lows since the 161.98 dip, but the 162.28 top keeps capping; RSI(14) neutral near 54 with ATR compressed to ~5 pips.

Support: 162.00, 161.98, 161.60

Resistance: 162.28, 162.70

What it said to watch

  • M15 close above 162.28 opens the path toward 162.70
  • Loss of 162.00 exposes the 161.60 cpi low
  • US PPI 12:30 UTC and Warsh testimony 14:00 UTC could shift this read

05:31 UTC

Range, drifting higher off CPI low · RSI 53 · price 162.204

Sideways range after CPI flush and recovery.

USD/JPY flushed to 161.60 on yesterday's soft US CPI print then clawed back to grind sideways between 162.03 and 162.28 through the Asian session. Recovery has stalled just under the recent high at 162.23, RSI neutral near 53 and ATR compressed to ~6 pips.

Support: 162.03, 162.00

Resistance: 162.23, 162.28

What it said to watch

  • M15 close above 162.28 swing high extends the recovery toward 162.70
  • Loss of 162.00 round number reopens the CPI low at 161.60
  • US PPI at 12:30 UTC could break this range

05:17 UTC

Range-bound, recovered off CPI dip · RSI 53 · price 162.188

Consolidation inside 162.00-162.28.

USDJPY grinding sideways 162.05-162.28 through the Asian session after yesterday's soft US CPI drove a sweep down to 161.60 before buyers reclaimed the range. RSI(14) neutral near 53, price holding just above EMA20/50 with intervention risk still capping approaches to the 162.84 four-decade high.

Support: 162.05, 162.00, 161.60

Resistance: 162.28, 162.70

What it said to watch

  • M15 close above 162.28 opens the path to the 162.70 range top
  • Failure to hold 162.00 psych exposes the 161.60 CPI low
  • US PPI at 12:30 UTC could materially shift this read

05:16 UTC

Range after sharp drop, recovered · RSI 54 · price 162.188

Ranging 162.00-162.28 post-drop.

USD/JPY was swept 50 pips lower to 161.60 during NY hours on the soft US CPI print, then clawed back and has ranged 162.00-162.28 through the Asian session. Price is grinding near the top of that range with RSI(14) neutral in the mid-50s; the 162.84 four-decade low still caps upside on intervention risk.

Support: 162.03, 161.60

Resistance: 162.28, 162.37

What it said to watch

  • M15 close above 162.28 session high extends the recovery toward 162.37
  • Failure to hold 162.03 range floor reopens the 161.60 spike low
  • US PPI at 12:30 UTC could materially shift this read

05:02 UTC

Recovering after sharp drop, now flat · RSI 55 · price 162.225

Range-bound above the CPI-drop low.

USD/JPY dumped ~50 pips to 161.60 on the soft US CPI miss, then ground back into a 162.03–162.28 range through the Asian session. Price is pinned near 162.22 with RSI mid-range and ATR compressed to ~6 pips, no directional expansion in play.

Support: 162.03, 161.99, 161.60

Resistance: 162.28, 162.37

What it said to watch

  • M15 close above 162.28 range top opens the 162.37 prior high
  • Loss of 162.03 range floor exposes 161.99 session low and the 161.60 cpi low
  • US PPI 12:30 GMT and Warsh testimony 14:00 GMT could break this range

05:02 UTC

Consolidating after sharp drop · RSI 55 · price 162.225

Tight range, recovering off session low.

USDJPY sold off hard to 161.60 on the soft US CPI print before clawing back and settling into a tight 162.10-162.27 band through the Asia session. RSI(14) sits neutral near 55 and ATR is compressed around 5-6 pips, consistent with the low-volume consolidation into London.

Support: 162.10, 162.00

Resistance: 162.27, 162.70

What it said to watch

  • M15 close above 162.27 session high opens the path back toward the 162.70 range top
  • Loss of the 162.10 range floor exposes 162.00 psych and the CPI-drop lows
  • Intervention risk near the 162.84 four-decade high remains a latent cap on any advance

04:47 UTC

Recovering off spike low, grinding higher · RSI 56 · price 162.216

Range after sharp flush, higher lows into current bar.

A high-volume flush mid-window swept down to 161.60 before fully recovering, leaving USD/JPY ranging 161.98–162.28. Price is grinding back toward the session high at 162.284 with RSI(14) mid-range; the pair remains capped well below the 162.84 four-decade low intervention zone.

Support: 161.98

Resistance: 162.284, 162.37

What it said to watch

  • Close above 162.284 opens the path to 162.37
  • Loss of 161.98 confirms a lower low
  • US PPI at 12:30 GMT could materially shift this tape

04:47 UTC

Recovering off CPI dip, now flat · RSI 56 · price 162.216

Consolidating near range top after spike-low reclaim.

USDJPY spiked down to 161.60 on the soft US June CPI print before buyers reclaimed the move, and it has since drifted back to consolidate around 162.20. Price is grinding just under the 162.27 session high with RSI(14) mid-range; the 40-year-low/intervention zone up at 162.70+ continues to cap upside attempts.

Support: 162.00, 161.60

Resistance: 162.27, 162.37

What it said to watch

  • Close above 162.27 opens the path to 162.37
  • Failure to hold 162.00 reopens the 161.60 cpi low
  • Intervention headlines near the 162.84 four-decade low could snap the pair lower

04:31 UTC

Recovering, ranging near top · RSI 57 · price 162.201

Range with rising lows after CPI flush.

Asia session grinding back to the range top at 162.22 after yesterday's soft US CPI flushed price to 161.60. Rising lows off 161.98 mark a steady recovery, RSI(14) neutral near 57 with ATR compressed to ~7.5 pips.

Support: 162.03, 161.98, 161.60

Resistance: 162.22, 162.28

What it said to watch

  • M15 close above 162.22 opens the path toward 162.28
  • Failure to hold rising support at 162.03 reopens 161.98
  • US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could reset the tape
  • Proximity to 162.84 40-yr high raises intervention risk

04:31 UTC

Recovered off CPI flush, ranging · RSI 54 · price 162.201

Range after sharp down-leg, rising intraday lows.

USDJPY was flushed to 161.60 on yesterday's soft US CPI print, then clawed back to range between 162.00 and 162.28. Rising intraday lows into the Asia session, RSI(14) neutral near 54 — no setup in play as price coils under the 162.284 swing high.

Support: 162.00, 161.98, 161.60

Resistance: 162.284, 162.37

What it said to watch

  • Close above 162.284 opens the path back toward 162.37
  • Loss of 162.00 exposes the 161.98 session low and 161.60 cpi low
  • US PPI at 12:30 GMT and Warsh testimony at 14:00 GMT could materially shift this read
  • Proximity to the 162.84 40-year high raises intervention odds

04:17 UTC

Range-bound after CPI drop · RSI 53 · price 162.169

Consolidation between 162.00 and 162.28.

USDJPY spiked down to 161.60 on the soft US CPI print before recovering into a 162.00–162.28 range. Asian session is quiet and low-volume, price holding mid-range at 162.17 with RSI(14) neutral near 53.

Support: 162.03, 161.98, 161.60

Resistance: 162.23, 162.28

What it said to watch

  • M15 close above 162.28 opens path back toward the 162.48 high
  • Loss of 162.00 range base re-exposes the 161.60 sweep low
  • US PPI at 12:30 UTC could materially shift this read

04:16 UTC

Recovering after sharp drop, now flat · RSI 53 · price 162.169

Ranging above post-CPI sweep low.

USD/JPY was slammed ~80 pips to 161.60 on yesterday's soft US CPI, then clawed back to ~162.2 and has been ranging 161.98–162.25 through the Asia session. RSI(14) is neutral near 53 with price pinned just above EMA20; no directional impulse in play.

Support: 161.98, 161.60

Resistance: 162.25, 162.28

What it said to watch

  • M15 close above 162.28 opens room back toward the 162.70 area
  • Loss of 161.98 re-exposes the 161.60 sweep low
  • US PPI at 12:30 UTC + Warsh testimony could break the range

04:02 UTC

Ranging after CPI drop, drift lower · RSI 48 · price 162.136

Consolidation, 162.28 capping, 161.98 base.

USDJPY ranging in thin Asia hours after yesterday's soft US CPI knocked the pair to 161.60; price recovered to the 162.28 range top and has since drifted back to 162.14. RSI(14) neutral near 47, no setup in play between 161.98 and 162.28.

Support: 161.98, 161.60

Resistance: 162.18, 162.28

What it said to watch

  • Break above 162.28 range top reopens the path toward the 162.84 40-year low
  • Loss of 161.98 swing low confirms a lower-low back toward the cpi low
  • US PPI at 12:30 UTC could materially shift this read into the next session

04:02 UTC

Recovered off CPI low, now ranging · RSI 49 · price 162.136

Micro range 161.98–162.28 after CPI flush.

USDJPY was slammed to 161.60 on yesterday's soft US CPI print, then clawed back into a 161.98–162.28 range where it's been coiling through the Asia session. Price now sits mid-range at 162.14 with RSI(14) neutral near 49; no directional resolution yet.

Support: 161.98, 161.60

Resistance: 162.28, 162.37

What it said to watch

  • M15 close below 161.98 confirms a lower low and range break down
  • M15 close above 162.28 reopens the 162.37 pre-CPI high
  • US PPI at 12:30 UTC is the key near-term swing factor for this pair

03:47 UTC

Recovering off lows, consolidating · RSI 55 · price 162.165

Tight range after sharp flush.

USD/JPY flushed to 161.60 on the soft US CPI miss, then clawed back and is now consolidating in a tight 162.03–162.23 range through the thin Asia session. RSI(14) neutral near 55, drifting higher on light volume with price back above the EMA20/50.

Support: 162.03, 161.96, 161.60

Resistance: 162.23, 162.28, 162.37

What it said to watch

  • M15 close above the 162.23 range high opens a retest of the 162.37 prior high
  • Loss of the 162.03 range low exposes the 161.96 session low
  • 162.84 remains the 40-year-low intervention zone; US PPI at 12:30 UTC could shift this read

03:46 UTC

Recovered off flush, ranging · RSI 53 · price 162.165

Range after sharp sell-off, holding higher lows.

USDJPY flushed to 161.60 on the soft US CPI print before buyers reclaimed the drop, and price has since ranged 162.03–162.25 with RSI(14) neutral near 53. Now grinding back near range mid at 162.16 in early Asia hours, ATR compressed to ~7 pips.

Support: 162.03, 161.98, 161.60

Resistance: 162.25, 162.37

What it said to watch

  • M15 close above 162.25 session high opens the path to 162.37
  • Failure to hold 161.98 ny low reopens the 161.60 spike low
  • US Core PPI at 12:30 UTC could materially shift this read

03:32 UTC

Range after flush, drift higher · RSI 55 · price 162.157

Ranging 162.00-162.25 post-CPI flush.

USD/JPY flushed to 161.60 on the soft US CPI print earlier, then recovered and has spent the Asia session ranging 162.00-162.25. Price drifting off the 161.98 swing low into the current bar, RSI(14) neutral near 55, ATR compressed around 8 pips.

Support: 162.03, 161.98, 161.60

Resistance: 162.23, 162.84

What it said to watch

  • Break above 162.23 swing high opens the path back toward the 162.84 40-year low intervention zone
  • Loss of 161.98 swing low reopens the 161.60 cpi low
  • US PPI at 12:30 UTC and Warsh testimony at 14:00 UTC could materially shift this read

03:31 UTC

Ranging after sharp drop · RSI 53 · price 162.157

Consolidation above CPI-spike low.

USDJPY is chopping in the low 162.10s after yesterday's soft US CPI drove a spike down to 161.60. Price has recovered and is ranging roughly 161.98-162.28, with RSI(14) neutral near 53 and ATR compressing into early Asia hours.

Support: 161.98, 161.60

Resistance: 162.23

What it said to watch

  • M15 close below 161.98 reopens the path toward the 161.60 cpi low
  • M15 close above 162.28 range high resumes the recovery
  • Intervention risk near the 162.84 40-year low caps upside; US PPI + Warsh testimony later today could shift this read

03:17 UTC

Downtrend stalled, now ranging · RSI 52 · price 162.152

Consolidation above the spike low.

USDJPY was knocked from 162.39 to a 161.60 spike low as soft US CPI hit the dollar yesterday, and has since ranged 162.03-162.25 through the Asia session. Price is coiling just above the range floor with RSI(14) neutral near 52; range top still capping.

Support: 162.03, 161.60

Resistance: 162.25, 162.28

What it said to watch

  • M15 close above 162.25 breaks the range top
  • Loss of 162.03 opens a retest of the 161.60 spike low
  • US PPI at 12:30 UTC could shift this read; intervention risk near 162.84

03:17 UTC

Range-bound after NY-session flush · RSI 53 · price 162.152

Consolidation above swept lows, sub-swing highs capping.

Thin Asia-session trade, ranging 162.03–162.28 after the NY-session flush swept 161.60 and recovered. Price is pinned around the EMAs near 162.15 with RSI mid-range; no clean intraday setup in play.

Support: 162.03, 161.99, 161.60

Resistance: 162.28, 162.38

What it said to watch

  • M15 close above 162.28 opens the path to 162.38 prior high
  • Failure to hold 162.00 reopens the 161.60 sweep low
  • US PPI at 12:30 UTC + Warsh testimony 14:00 UTC could materially shift this read
  • Intervention risk builds toward the 162.84 area on any renewed push higher

03:01 UTC

Recovering off lows, momentum flat · RSI 45 · price 162.09

Range after sharp drop, bounded 161.98–162.23.

USDJPY is ranging 161.98–162.23 in the Asian session after a sharp sweep to 161.60 during the prior US session on the soft CPI miss. Price has since clawed back to 162.09 but is capped under 162.23; RSI(14) sits mid-range near 45, no session momentum.

Support: 161.98, 161.60

Resistance: 162.23, 162.37

What it said to watch

  • M15 close below 161.98 opens a retest of the 161.60 sweep low
  • Close above 162.23 puts the 162.37 prior high back in play
  • US PPI 12:30 GMT and Warsh testimony 14:00 GMT could break this range

03:01 UTC

Consolidation after sharp drop · RSI 46 · price 162.09

Ranging inside 161.98–162.25 post-CPI.

USDJPY sold off hard yesterday on the soft US CPI miss, sweeping down to 161.60 before recovering. Asia session has since coiled in a tight 161.98–162.25 range with price now hugging the floor near 162.09, RSI mid-range.

Support: 161.98, 161.60

Resistance: 162.23

What it said to watch

  • M15 close below 161.98 reopens the 161.60 spike low
  • M15 close above 162.25 breaks the range top
  • US PPI cluster 12:30 GMT could break this consolidation

02:47 UTC

Range, fading off highs · RSI 44 · price 162.063

Recovery stalling, lower highs into Asia.

USD/JPY recovered from the sharp flush to the 161.60 swing low but has faded back toward 162.05 in the Asia session, capped repeatedly at the 162.23 swing high. Price sits below EMA20/50 with RSI(14) mid-range; ranging 161.98–162.25, no clean structure in play.

Support: 161.98, 161.60

Resistance: 162.23

What it said to watch

  • M15 close above 162.23 swing high invalidates the fade
  • Break below 161.98 session low reopens the 161.60 swing low
  • 162.84 40-yr low remains an intervention zone to monitor

02:46 UTC

Recovery stalling, micro downtrend · RSI 43 · price 162.063

Lower highs off 162.28 into Asia.

USD/JPY swept a flash low at 161.60 on the soft US CPI reaction, recovered to 162.28, then rolled over through the Asia session making lower highs; price now grinding at 162.06 below EMA20/50. Ranging 161.98–162.28 with RSI(14) mid-40s, no momentum extreme.

Support: 161.98, 161.60

Resistance: 162.21, 162.28

What it said to watch

  • M15 close below 161.98 reopens the 161.60 flash low
  • Reclaim of 162.21 negates the lower-highs sequence
  • US PPI cluster 12:30 GMT could materially shift this read

02:32 UTC

Downtrend, momentum easing · RSI 44 · price 162.107

Lower highs into range, mid-range now.

USDJPY was knocked off ~162.35 by yesterday's soft US CPI, tagging 161.60 before recovering to 162.20. Price has since drifted back to 162.10 on a chain of lower highs through the Asia session, RSI(14) neutral near 44. Ranging 161.98–162.28 with no clean break.

Support: 161.98, 161.60

Resistance: 162.20, 162.28, 162.84

What it said to watch

  • M15 close above 162.28 negates the lower-high sequence
  • Loss of 161.98 reopens the 161.60 swing low
  • US PPI cluster 12:30 GMT and Warsh testimony 14:00 GMT could reset this read
  • 162.84 40-year low is the intervention-risk cap on any upside

02:31 UTC

Range, drifting lower into Asia · RSI 44 · price 162.107

Ranging 161.98–162.28 after CPI flush.

USD/JPY flushed to 161.60 on the soft US CPI print before recovering into a 161.98–162.28 range. Price is drifting back toward the 161.98 session low in thin Asia hours, RSI mid-40s with no momentum extreme.

Support: 161.98, 161.60

Resistance: 162.25, 162.37

What it said to watch

  • M15 close below 161.98 reopens the 161.60 spike low
  • Reclaim of 162.25 needed to re-test the 162.37 prior high
  • US PPI + Warsh testimony later today could shift this read
  • 162.84 40-yr low remains the intervention-risk cap above

02:17 UTC

Corrective bounce, stalling · RSI 45 · price 162.112

Ranging under lower highs.

USD/JPY sold off hard to 161.60 during NY hours on the soft US CPI unwind, then ground back to retrace roughly 62% of the drop and is now consolidating near 162.10 through the Asian session. A sequence of lower highs since the 162.24 recovery peak is capping upside, with RSI(14) neutral near 45.

Support: 161.98, 161.60

Resistance: 162.24

What it said to watch

  • M15 close above 162.24 swing high breaks the lower-highs sequence
  • Loss of 161.98 swing low reopens the 161.60 day low
  • US PPI at 12:30 GMT and Warsh testimony could shift this read

02:17 UTC

Range after spike-low recovery · RSI 44 · price 162.112

Ranging 161.98–162.28, no clear trend.

Early Asia session, price back at 162.11 after rejecting the 162.23 swing high and dipping to 161.98. The sharp sweep to 161.60 earlier was fully recovered; pair has since chopped inside 161.98–162.28 with USD offered after yesterday's soft CPI. RSI(14) neutral near 44.

Support: 161.98, 161.60

Resistance: 162.234, 162.284

What it said to watch

  • M15 close below 161.98 reopens the 161.60 spike low
  • Reclaim of 162.234 needed to challenge the 162.28 range top
  • US PPI at 12:30 GMT could break this range

02:02 UTC

Micro downtrend, drift lower · RSI 43 · price 162.099

Lower highs into 162.00, holding above 161.98.

Asia session grinding lower on thin volume, USD soft after yesterday's broad June CPI miss; USDJPY set lower highs from 162.25 and swept 161.98 before recovering to 162.10. Earlier London hours produced a sharp sweep to 161.60 that was fully reclaimed, leaving price capped under 162.25 with RSI(14) mid-40s.

Support: 161.98, 161.60

Resistance: 162.25

What it said to watch

  • M15 close below 161.98 opens the 161.60 spike low
  • Reclaim of 162.25 negates the lower-high sequence
  • US PPI at 12:30 GMT could materially shift this read

02:02 UTC

Rolling over off session high · RSI 45 · price 162.099

Lower highs, recent break below Asian range.

Thin Asia session drifting; USDJPY faded from 162.23 back toward 162.00 after an earlier flash drop to 161.60 was fully bought back. RSI(14) mid-range near 45 with price pinned just under EMA20/50 as the recovery stalls into the soft-USD, post-CPI-miss backdrop.

Support: 161.98, 161.60

Resistance: 162.23

What it said to watch

  • M15 close below 161.98 opens the 161.60 flash low
  • Reclaim of 162.23 negates the rollover
  • US PPI at 12:30 GMT could materially shift this read

01:47 UTC

Range after CPI flush, drifting lower · RSI 43 · price 162.102

Ranging 162.00–162.28, minor lower highs.

The soft US June CPI print flushed USDJPY to 161.603 mid-session before buyers reclaimed the move back to 162.10. Since then price has ranged 162.00–162.28 with a string of lower highs; last bars pressing back toward the 162.00 range low.

Support: 162.00, 161.60

Resistance: 162.23, 162.28

What it said to watch

  • M15 close below 162.00 opens the path toward the 161.60 sweep low
  • Reclaim of 162.28 session high needed to negate the lower-high sequence
  • Proximity to the 162.84 40-yr low keeps intervention headline risk live

01:47 UTC

Downtrend, recovering off lows · RSI 46 · price 162.102

Lower highs, ranging above 161.98.

Asian session drift lower after rejection at the 162.26 swing high; USD/JPY dipped to 161.98 and is grinding back to 162.10, holding below EMA20/50. The earlier NY sharp sweep to 161.60 was fully recovered, and price sits near the 40-year low zone that keeps MoF intervention risk live.

Support: 161.98, 161.60

Resistance: 162.26

What it said to watch

  • M15 close below 161.98 opens path toward the 161.60 spike low
  • Break above 162.26 negates the lower-high sequence
  • Proximity to 162.84 40-yr low keeps intervention headlines in play

01:32 UTC

Range, leaking lower · RSI 43 · price 162.062

Ranging 161.98–162.28 after sweep low recovered.

USD/JPY is drifting toward the 162.00 psych level in a thin Asia session, RSI(14) cooling into the low-40s. The sharp sweep to 161.60 mid-window — a knee-jerk on the soft US CPI reaction — was fully bought back, leaving price ranging 161.98–162.28. Recent bars have leaked toward the range floor.

Support: 161.98, 162.00, 161.60

Resistance: 162.23

What it said to watch

  • M15 close below 161.98 confirms a lower low and opens the 161.60 spike low
  • Reclaim of the 162.23 range top negates the pullback
  • US PPI at 12:30 UTC and Warsh testimony could materially shift this read

01:31 UTC

Micro downtrend, edging toward 162.00 · RSI 40 · price 162.062

Lower highs after spike-low recovery stalled.

Asia session drifting lower toward the 162.00 psych level after the recovery off the 161.60 spike low stalled below the 162.28 swing high. Price prints below EMA20/50 with RSI(14) near 40, a run of lower highs into 162.23 keeping the near-term tilt soft.

Support: 162.00, 161.96, 161.60

Resistance: 162.23, 162.28

What it said to watch

  • M15 close below 162.00 psych exposes the 161.96 recent low
  • Reclaim of 162.23 session high negates the lower-high sequence
  • US PPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read

01:17 UTC

Downtrend resuming after consolidation · RSI 34 · price 161.981

Asian range broken lower, price under 162.00.

Price consolidated the post-CPI recovery in a tight 162.10–162.26 Asian range before slicing below the 162.00 psych level into early Asia hours, now printing 161.981. RSI(14) has cooled toward 34 as the leg lower extends; the soft US June CPI remains the backdrop keeping the dollar heavy against a defensive yen.

Support: 161.84, 161.60

Resistance: 162.00, 162.26

What it said to watch

  • M15 close below 161.84 confirms a lower low toward the 161.60 cpi low
  • Reclaim of 162.00 negates the range break and reopens the 162.26 session high

01:16 UTC

Downtrend, rolling lower into Asia · RSI 38 · price 161.981

Lower highs, retesting session low.

USDJPY faded through the Asia session, rejecting the 162.24 swing high and sliding back to the session low near 161.98 with RSI cooling toward the high-30s. The 161.60 spike low, printed on yesterday's soft US CPI miss, is the key floor beneath price.

Support: 161.98, 161.60

Resistance: 162.24

What it said to watch

  • M15 close below 161.98 opens the path to the 161.60 spike low
  • Reclaim of 162.24 would negate the lower-high sequence
  • US PPI and Warsh testimony later today are the key USD catalysts

01:02 UTC

Recovering off spike low, drifting lower · RSI 43 · price 162.105

Range 162.00-162.28, lower highs.

USD/JPY spiked to 161.60 on yesterday's soft US CPI before recovering to 162.28; now drifting lower in thin Asia trade with lower highs since that peak, RSI(14) cooling near 42. Ranging 162.00-162.28, no setup in play.

Support: 162.00, 161.60

Resistance: 162.20, 162.28

What it said to watch

  • Close above 162.28 opens path back toward 162.70
  • Break below 162.00 exposes the 161.60 spike low
  • Thin Asia liquidity exaggerating moves ahead of London

01:02 UTC

Range after CPI sweep, drifting lower · RSI 42 · price 162.105

Consolidation above 162.00 post-spike.

The 12:30 UTC CPI miss yesterday triggered a sharp sweep to 161.60 before buyers reclaimed the figure, leaving USDJPY ranging 162.05-162.28. Asia hours are drifting toward the range low with price back below both EMAs and RSI(14) at 42.

Support: 162.00, 161.603

Resistance: 162.284, 162.50

What it said to watch

  • M15 close below 162.00 exposes the 161.60 spike low
  • Reclaim of 162.28 range top reopens 162.50
  • US PPI 12:30 UTC and Warsh testimony 14:00 UTC are the main USD catalysts later today

00:47 UTC

Range after spike, flat · RSI 46 · price 162.198

Consolidation above recovered spike low.

A sharp spike down to 161.60 mid-window was fully recovered, and price has since coiled in a tight 162.12–162.26 range through Asian hours on a softer USD post-CPI. RSI(14) is neutral near 46, ATR compressed with volume thin — no setup in play.

Support: 162.12, 162.00, 161.60

Resistance: 162.26, 162.50, 162.84

What it said to watch

  • M15 close below 162.12 opens 162.00, then the 161.60 spike low
  • Break and hold above 162.26 reopens 162.50
  • US PPI 12:30 UTC and Warsh testimony later today are the main USD catalysts
  • 162.84 40-year low remains the MoF/BoJ intervention zone overhead

00:46 UTC

Consolidation after sharp drop · RSI 48 · price 162.198

Ranging 162.13-162.28 above spike low.

USDJPY spiked down to 161.60 during NY hours before recovering the bulk of the drop, and has since coiled into a tight 162.13-162.28 range through the Asia session. RSI(14) sits mid-range near 47 with price hugging EMA20; no directional setup in play.

Support: 162.13, 162.00, 161.60

Resistance: 162.28, 162.42

What it said to watch

  • M15 close above 162.28 opens the path back to 162.42
  • Loss of 162.13 exposes the 162.00 psych level
  • Proximity to 162.84 40-year low keeps MoF intervention risk live on any USD-led push higher

00:32 UTC

Recovered off CPI low, ranging · RSI 46 · price 162.143

Consolidation 162.10–162.28 after CPI spike down.

USDJPY was swept down to 161.60 on the soft US CPI print at 12:30 GMT before recovering to consolidate the 162.10–162.28 band. Price is chopping in thin Asia-hours trade near 162.14, RSI(14) neutral around 46 with no directional setup in play.

Support: 162.11, 161.60

Resistance: 162.28

What it said to watch

  • M15 close above 162.28 range top would extend the CPI recovery
  • Failure to hold 162.11 range floor reopens the move toward 161.60
  • Intervention headlines near 162 four-decade highs could distort thin-liquidity price

00:31 UTC

Recovered off lows, now flat · RSI 46 · price 162.143

Range after sharp CPI drop.

USDJPY dumped ~50 pips to 161.60 on the soft US CPI print during US hours, then recovered and has been ranging 162.11-162.28 through a quiet Asia session. Price is fading back toward the session low with RSI(14) neutral near 46; no intraday direction in play.

Support: 162.11, 161.60

Resistance: 162.28, 162.48

What it said to watch

  • M15 close above 162.28 reopens the 162.48 high
  • Loss of 162.11 exposes the 161.60 flash low
  • US PPI at 12:30 GMT could break this range
  • Spot near 162 keeps MoF/BoJ intervention headlines live

00:16 UTC

Recovered off CPI drop, now flat · RSI 54 · price 162.23

Ranging near 162.20 after sharp flush and rebound.

USDJPY flushed to 161.60 on the soft US CPI miss before recovering the entire drop back to the 162.20s. Price is now ranging 162.13-162.28 in a thin Asian session, RSI(14) mid-range near 54.

Support: 162.13, 161.90, 161.60

Resistance: 162.28, 162.45, 162.80

What it said to watch

  • Reclaim of 162.28 session high opens the path toward 162.45
  • Failure to hold 162.13 swing low re-exposes the 161.90 post-drop low
  • US PPI 12:30 GMT could re-inject volatility into this quiet range
  • Intervention-risk headlines near the 162.80 40yr cap

00:16 UTC

Recovered off spike low, now flat · RSI 53 · price 162.23

Sweep of 161.60 then consolidation near 162.20.

A sharp CPI-driven flush swept the downside to 161.60 (volume spike) before buyers reclaimed the move back toward 162.28. Price has since idled through the thin Asia session, consolidating 162.10–162.28 with RSI(14) neutral near 53.

Support: 162.10, 161.60

Resistance: 162.28, 162.45

What it said to watch

  • M15 close above 162.28 range top reopens the path to 162.45 prior high
  • Loss of 162.10 range floor exposes the 161.60 cpi low again
  • US PPI cluster + Warsh testimony later today could reprice this consolidation

00:02 UTC

Recovered off lows, now ranging · RSI 46 · price 162.18

Consolidation after V-recovery from CPI flush.

USDJPY flushed to 161.60 on the soft US CPI miss (~15:30 broker) then reclaimed the move within an hour, snapping back to 162.25. Since then it has ranged 162.13–162.28 through thin Asia-session hours, RSI(14) neutral near 46 with price hugging the range low.

Support: 162.13, 161.90, 161.60

Resistance: 162.28, 162.48, 162.80

What it said to watch

  • M15 close below 162.13 opens the path toward 161.90
  • Reclaim of 162.28 reopens 162.48
  • US PPI cluster 12:30 GMT could materially shift this read
  • Intervention-risk headlines near 162.80 four-decade highs

00:02 UTC

Recovered off spike low, now flat · RSI 46 · price 162.18

Tight consolidation after v-shaped bounce.

USD/JPY sold off ~50 pips into 161.60 on the soft US CPI print around 12:30 GMT, then clawed the entire move back and now sits pinned near 162.18. Asia session is quiet, coiling in a tight 162.13–162.28 range with RSI(14) flat mid-band.

Support: 161.90, 161.60

Resistance: 162.28

What it said to watch

  • M15 close above 162.28 breaks the Asia range top
  • Loss of 161.90 reopens the 161.60 sweep low
  • Intervention-risk headlines near 162 could jolt this read

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