USD/JPY AI Live Scan, 1-hour chart, Thursday, 15 October 2026

Every read JAFX AI made on the USD/JPY 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

23:02 UTC

Downtrend from Wednesday high, stalling · RSI 54 · price 158.096

Lower highs from 158.95, false break at 157.55, then a tight range.

Wednesday's CPI-driven NY spike to the 158.95 week high was fully unwound by Thursday's Asia session. A second drop during NY hours set the week low at 157.55 as the hot PPI and retail sales beats were faded alongside falling Treasury yields. The dip below Thursday's Asia low failed within the hour, and the rebound stalled at the 50% fib of the week's decline (158.25). Price has since held a 157.94–158.25 range just under the weekly open, sitting marginally above EMA(20) near 158.00 but below EMA(50), with RSI(14) back in the mid-50s.

Support: 157.94, 157.55

Resistance: 158.19, 158.25, 158.95

What it said to watch

  • H1 close above the 50% fib at 158.25 breaks the lower-high sequence and puts the 158.95 week high back in view
  • Failure to hold the 157.94 session low reopens the 157.55 week low
  • Fed Chair Warsh speech at 03:30 UTC (about 4.5h away) could materially shift this read via US yields

22:02 UTC

Downtrend from midweek high, flattening · RSI 47 · price 158.015

Lower highs since Wed CPI top; Thu range 157.55–158.25.

Wednesday's NY-session CPI spike to the 158.95 week high was fully unwound by Thursday's Asia session as US yields slid. Thursday's hot PPI and retail sales lifted price only to 158.19 in the first hour of NY before a new week low at 157.55, then a snap-back to the Thursday high at 158.25, the 50% level of the week-high/low fib. Price now sits on EMA(20) near 158.01, below EMA(50) around 158.11 and the lower-high trendline from the CPI top, with RSI(14) near 47 and the Tuesday low at 157.83 the nearest floor.

Support: 157.83, 157.55

Resistance: 158.25, 158.50, 158.95

What it said to watch

  • H1 close above the 158.25 Thursday high breaks the lower-high trendline sequence and opens the 158.50 pre-CPI top
  • Failure to hold the 157.83 Tuesday low reopens the 157.55 week low
  • Rejection at 158.50 keeps the 158.95 week high rejection intact
  • Fed Chair Warsh at 03:30 UTC Friday could materially shift this read

21:02 UTC

Lower highs since Wednesday's spike · RSI 47 · price 157.984

Post-CPI rejection, rebound stalling below weekly open.

Wednesday's CPI spike in the NY session briefly cleared Monday's 158.75 high to a 158.95 week high, then fully reversed by the NY close. On Thursday, falling Treasury yields overrode the hot PPI: London pressed price to 157.58, and the post-PPI swing set a 157.55 week low before rebounding to the 50% fib near 158.25. That rebound stalled just under the 158.26 weekly open, leaving a lower high, and price is now sitting just under EMA(20) near 158.02 with RSI(14) near 47.

Support: 157.83, 157.55

Resistance: 158.02, 158.26, 158.95

What it said to watch

  • H1 close below the 157.83 Tuesday low would put the 157.55 week low back in play
  • Recovery through the 158.26 weekly open and 50% fib would break the lower-highs sequence
  • Warsh speaks Fri 03:30 UTC (Asia session); a hawkish hike signal could lift yields and revive the 158.95 week high area
  • A cautious Warsh tone extending the yield slide would pressure the 157.55 week low

20:02 UTC

Range-bound, two-way after CPI/PPI swings · RSI 52 · price 158.10

Expanding 157.55–158.95 range; Thursday false break below the Asian low reclaimed.

USD/JPY has swung through a 157.55–158.95 band this week. Wednesday's CPI spike to the week high near 159.00 was fully reversed into Thursday's Asia session as US yields slid. The NY dip to the 157.55 week low after the hot PPI print was a false break of the Asian low and recovered above 158.00 within the hour. Price now sits near the 38.2% fib, just above EMA(20) at 158.03 but below EMA(50) and the weekly open at 158.26, which also caps the 50% retracement. RSI(14) is neutral near 52 and ATR(14) is about 22 pips.

Support: 158.03, 157.83, 157.55

Resistance: 158.26, 158.51, 158.95

What it said to watch

  • Fed's Hammack at 20:30 UTC today and Chair Warsh on Fri 03:30 UTC are the key catalysts and could materially shift this read
  • An H1 close back below EMA(20) and the Tuesday low at 157.83 would reopen the 157.55 week low
  • Acceptance above the weekly open / 50% fib at 158.26 shifts focus to the prior high at 158.51
  • A recovery through 158.51 would put the week high at 158.95 back in play, the area where intervention warnings have capped the topside

19:02 UTC

Two-way range, rebounding off week low · RSI 46 · price 158.131

Post-CPI unwind to 157.55; double bottom forming beneath the weekly open.

Wednesday's CPI spike stalled at the 158.95 week high, and the move has fully unwound as US yields slid. Thursday's Asia session took price to 157.58, then the PPI whipsaw during NY hours printed a week low at 157.55 that reversed straight back above 158.05, leaving a double bottom. Price is back above the EMA(20) at 158.02 and flat on the EMA(50) near 158.13, with the rebound capped at 158.25, the 50% retracement of the CPI-to-PPI decline and just under the weekly open at 158.26.

Support: 158.02, 157.55

Resistance: 158.26, 158.51, 158.95

What it said to watch

  • H1 close above the weekly open at 158.26 (50% fib) opens a retest of the pre-CPI high near 158.51
  • Loss of the ema20 at 158.02 and the 158.05 neckline returns focus to the week low at 157.55
  • Hammack (20:30 UTC) then Warsh (Fri 03:30 UTC) could materially shift this read via US yields

18:02 UTC

Downtrend since Wednesday, basing at the lows · RSI 48 · price 158.157

Lower highs from 158.95; double bottom 157.55-157.58.

Wednesday's CPI spike to the 158.95 week high was rejected during NY hours, and the pair slid through Thursday's Asia session as Treasury yields reversed, cutting the move from 158.95 down to the week low at 157.55. Thursday's hot PPI and retail sales spike faded in the first hour of NY, but the sweep below the 157.58 Asia low reversed sharply, leaving a double bottom with bullish RSI(14) divergence and price back above EMA(20) near 158.00. Price now sits between the 38.2% and 50% fib of the week's drop, just under the weekly open at 158.26 and roughly level with EMA(50) around 158.15.

Support: 158.00, 157.55

Resistance: 158.26, 158.38, 158.95

What it said to watch

  • H1 close above the weekly open at 158.26, which lines up with the 50% fib, extends the double-bottom recovery toward the 158.38 lower high
  • A return below EMA(20) at 158.00 neutralises the double bottom, and a break of the 157.55 week low resumes the lower-low sequence
  • Fed's Hammack (20:30 UTC) and Warsh (Fri 03:30 UTC) could materially shift this read through US yields
  • The 158.95 week high remains the rejection zone, with MoF intervention warnings clustered near 159.00

17:02 UTC

Downtrend from week high, rebounding off week low · RSI 56 · price 158.124

Lower highs since Wednesday's CPI spike; double bottom at 157.55–157.58 with neckline reclaimed.

USD/JPY has unwound the entire CPI spike to the 158.95 week high since Wednesday's NY session. It printed a week low at 157.55 as today's hot PPI was faded alongside retreating Treasury yields. That low was a false break of the Asia-session 157.58 base, and the NY rebound has reclaimed EMA(20) at 157.99 before stalling at 158.25, where the weekly open meets the 50% retracement of the drop, with RSI(14) back in the mid-50s and price pinned at EMA(50).

Support: 157.99, 157.83, 157.55

Resistance: 158.25, 158.51, 158.95

What it said to watch

  • H1 close above the 158.25 weekly open opens the 61.8% at 158.41 and the 158.51 wed high
  • Failure back below ema20 at 157.99 and the 157.83 tue low puts the 157.55 week low back in focus
  • A break below the 157.55 week low invalidates the double bottom and confirms a lower-low
  • Hammack at 20:30 UTC today and Warsh at 03:30 UTC Friday during the Asia session could materially shift this read

16:02 UTC

Lower highs since CPI spike, rebounding off week low · RSI 55 · price 158.21

Lower-high sequence from 158.95; false break below the 157.60 base reclaimed in NY.

USD/JPY has printed a run of lower highs since Wednesday's CPI spike to 158.95 was rejected below 159.00. The unwind ran through the NY afternoon and Asia into a base near 157.60 as Treasury yields reversed. Today's hot PPI print briefly pushed the pair to a fresh week low at 157.55 in the first hour of NY, but the move was quickly reclaimed in a false break that lifted price back above EMA(20) and the lower-highs line. Price now sits just under the weekly open at 158.26, near the 50% retracement of the week's range, with RSI(14) back at 55.

Support: 157.99, 157.55

Resistance: 158.26, 158.51, 158.95

What it said to watch

  • H1 close above the weekly open at 158.26 and the 50% fib opens the path toward the prior high at 158.51
  • A slip back below EMA(20) near 158.00 puts the 157.55 week low back in play; a close below it confirms a lower-low
  • Week high at 158.95 sits just under the 159.00 area where intervention rhetoric has capped rallies
  • Fed's Hammack at 20:30 UTC and Warsh's speech Fri 03:30 UTC could materially shift this read

15:02 UTC

Downtrend since Wednesday's rejection, bouncing off week low · RSI 56 · price 158.088

Lower highs from 158.95; NY low sweep at 157.55 reclaimed.

The post-CPI spike to the 158.95 week high on Wednesday was fully reversed into the NY session as US yields fell. That set a sequence of lower highs into today's PPI high at 158.19 and a week low at 157.55, with the JPY digest pointing to falling yields and intervention risk outweighing hot US data. The NY-hours sweep of the overnight lows was reclaimed in one bar, lifting price back above EMA(20) to the 38.2% retracement and the falling lower-highs line near 158.09, still beneath the 158.26 week open.

Support: 157.96, 157.83, 157.55

Resistance: 158.19, 158.26, 158.95

What it said to watch

  • H1 close above the lower-highs line and the 158.19 ppi high breaks the lower-high sequence and puts the 158.26 week open (50% retracement) in play
  • Failure back below EMA(20) near 157.96 and the 157.83 tuesday low reopens the 157.55 week low
  • H1 close below 157.55 confirms a lower-low and extends the downtrend from the week high
  • Fed's Hammack at 20:30 UTC and Fed Chair Warsh on Fri 03:30 UTC could materially shift this read

14:02 UTC

Downtrend since Wednesday's CPI high · RSI 38 · price 157.578

Lower highs from 158.946, marginal new week low at 157.546.

Wednesday's CPI spike to 158.946 in the NY session fully reversed as US yields eased. Asia drove Thursday's slide to 157.58, and the bounce stalled at the Thu high near 158.05 (38.2% fib). The hot PPI print lifted the pair to 158.185 at 12:30 GMT, but the move was rejected and price set a marginal new week low at 157.546, which sits well below the ema20 and the weekly open at 158.263. RSI(14) is holding near 38 versus deeper readings at Thursday's Asia low, a mild bullish divergence just above the 157.50 range floor.

Support: 157.546, 157.50

Resistance: 158.05, 158.263

What it said to watch

  • H1 close below the 157.50 range floor extends the lower-low sequence beyond the week low
  • Recovery above the ema20 and the Thu high at 158.05 would break the lower-high trendline read
  • Hammack at 20:30 GMT and Warsh Fri 03:30 GMT could materially shift this read via US yields
  • A return toward the weekly open at 158.263 / 50% fib would neutralise this week's downtrend

13:02 UTC

Downtrend since Wednesday's CPI high, lower highs · RSI 41 · price 157.772

Lower highs 158.95 → 158.38 → 158.19; Thursday base 157.58–158.05.

Wednesday's CPI spike to the 158.95 week high reversed through the NY session, and the slide resumed in Thursday's Asia session to a 157.58 week low as US yields eased and yen sentiment firmed. The hot PPI print briefly pushed price through the 158.05 range top to a 158.19 PPI high. That move stalled below the 50% retracement of the week's drop, which sits at the 158.26 weekly open, and the bar closed back near 157.76. Price remains below EMA(20) near 157.88 and below EMA(50). Thursday's lows around 157.67 have held three times, and RSI(14) is sitting in the low 40s.

Support: 157.67, 157.58, 157.50

Resistance: 158.05, 158.19, 158.26

What it said to watch

  • H1 close below the 157.58 week low confirms a lower low and exposes the 157.50 range floor
  • Recovery above the 158.19 PPI high and the 158.26 weekly open would break the lower-high sequence
  • Repeated failure at the 158.05 range top keeps the Thursday base intact
  • Fed's Hammack at 20:30 UTC and Fed Chair Warsh, Fri 03:30 UTC, could materially shift this read

12:02 UTC

Downtrend since CPI spike, momentum stalling · RSI 44 · price 157.929

Lower low under 157.83, compact 157.58–158.05 band.

Wednesday's hot-CPI spike to the 158.95 week high, a false break of Monday's 158.75 top, was fully reversed during NY hours as US yields slid. The sell-off extended in Thursday's Asia session to a 157.58 week low, below Tuesday's 157.83 London-open low. Since then price has held a 157.58–158.05 band, with the 157.67 london low printed twice and the 158.05 day high capping; price sits below EMA(20) near 157.99 and EMA(50) near 158.15, and RSI(14) is near 44.

Support: 157.67, 157.58, 157.50

Resistance: 158.05, 158.26, 158.95

What it said to watch

  • US PPI and Retail Sales at 12:30 UTC could materially shift this read; the digest notes recent data beats have been faded into falling yields
  • H1 close above the 158.05 day high and the lower-highs trendline opens the 158.26 weekly open, which lines up with the 50% fib of the CPI reversal
  • Failure to hold the 157.67 london low exposes the 157.58 week low and the 157.50 range floor
  • A recovery toward the 158.95 week high would put the CPI rejection zone back in play

11:02 UTC

Downtrend since CPI spike, lower highs intact · RSI 36 · price 157.734

Lower highs from 158.95; basing 157.58–158.05 above week low.

Wednesday's hot-CPI spike in the NY session pushed through Monday's 158.75 high to 158.95, then fully reversed as Treasury yields slid. That false break extended through the Asia session to a 157.58 week low, about 70 pips below the 158.26 weekly open. Today's London high at 158.05 stalled just under the 38.2% retracement and sits above a flat EMA(20) near 157.97. With RSI(14) in the mid-30s, price is compressing in a 157.58–158.05 band beneath the lower-highs line.

Support: 157.58, 157.50

Resistance: 157.97, 158.05, 158.26

What it said to watch

  • US Retail Sales, PPI and claims at 12:30 UTC (~90 min) could materially shift this read
  • H1 close below the 157.58 week low exposes the 157.50 range floor
  • H1 close back above the 158.05 london high and the lower-highs line reopens the 158.26 weekly open
  • Hold above ema20 at 157.97 would mark the first change in the post-CPI lower-highs sequence

10:01 UTC

Downtrend since CPI spike rejection · RSI 33 · price 157.687

Lower highs and lower lows from 158.95; price pressing the week low.

Wednesday's hot US CPI print lifted the pair to the 158.95 cpi high during NY hours. The move fully reversed into the US close as Treasury yields slumped and hawkish BoJ rhetoric added a JPY bid, and the Asia session today extended the slide to a 157.58 week low. The London-open rebound stalled at 158.05, a lower high just shy of the 38.2% retracement of the drop. Price is now back below EMA(20) and EMA(50), with RSI(14) in the low 30s and the 157.50 range floor about 9 pips away.

Support: 157.58, 157.50

Resistance: 158.05, 158.26, 158.95

What it said to watch

  • US Retail Sales, PPI and claims at 12:30 UTC (~3h) could materially shift this read
  • H1 close below the 157.50 range floor extends the lower-low sequence beyond the week low
  • H1 close above the 158.05 lower high breaks the lower-high trendline from the cpi high
  • Recovery of the 158.26 weekly open would return price to the week's prior range

09:02 UTC

Downtrend since the CPI spike, lower highs · RSI 36 · price 157.831

Lower highs 158.95 / 158.38 / 158.05; week low 157.58 holding.

Wednesday's hot US CPI print lifted the pair through Monday's 158.75 high to a 158.95 cpi high early in the NY session. The move fully reversed as Treasury yields slid and Fed speakers pushed back on further hikes, and hawkish BoJ Koeda remarks extended the drop to a 157.58 week low in Asia. The London rebound stalled at 158.05, just under the 38.2% fib of the CPI-high-to-low leg with EMA(20) overhead. Price now sits below the 158.26 weekly open and both EMAs, with RSI(14) in the mid-30s.

Support: 157.58, 157.50

Resistance: 158.05, 158.26, 158.95

What it said to watch

  • An H1 close above 158.05 (38.2% fib) through the lower-highs trendline would break the lower-high sequence
  • Failure to hold the 157.58 week low exposes the 157.50 range floor cited as the two-week bottom
  • A recovery above the 158.26 weekly open would put the 158.95 cpi high and intervention-warning zone back in view
  • US Retail Sales, PPI and claims at 12:30 GMT (~3.5h) could materially shift this read

08:02 UTC

Downtrend since the CPI spike, lower highs · RSI 38 · price 157.841

Post-CPI false break, lower highs into an Asia consolidation.

Wednesday's hot US CPI lifted the pair through Monday's 158.75 high to a 158.95 week high in the first hour of NY. That proved a false break. Falling Treasury yields, intervention warnings and hawkish BoJ comments drove a full reversal during NY hours, and the slide extended in the Asia session to a 157.58 week low. Price now sits on Tuesday's low near 157.83, below EMA(20) and EMA(50), with RSI(14) near 38. The Asia high at 158.05, close to the 38.2% fib of the CPI-high-to-week-low drop, is capping a lower-highs sequence.

Support: 157.83, 157.58, 157.50

Resistance: 158.05, 158.26, 158.95

What it said to watch

  • US PPI, Retail Sales and claims at 12:30 UTC (~5h) could materially shift this read
  • H1 close above the 158.05 Asia high and the lower-highs line would neutralise the post-CPI downtrend read
  • Reclaim of the 158.26 weekly open (50% fib) would put the week's range midpoint back in play
  • Failure to hold the tuesday low and a break of the 157.58 week low would expose the 157.50 round number range base

07:02 UTC

Downtrend from CPI-day high, short-term bounce stalling · RSI 38 · price 157.898

Lower highs since 158.95; fresh week low inside 157.58–158.95 range.

Hot US CPI lifted USD/JPY above Monday's 158.75 high to a week high at 158.95 during NY hours Wednesday. The false break unwound as Treasury yields reversed, taking the pair back through the weekly open at 158.26. Asia-session selling Thursday printed a fresh week low at 157.58, at the 157.50–157.60 range floor, and the rebound has stalled just under EMA(20) at 158.08, near the 38.2% fib of the CPI-day drop and the lower-highs line from the peak, with RSI(14) near 38 and no divergence.

Support: 157.83, 157.58

Resistance: 158.08, 158.26, 158.95

What it said to watch

  • H1 close above EMA(20) at 158.08 and the lower-highs line would break the sequence of lower highs since 158.95
  • Failure to hold the 157.83 Tuesday low exposes the 157.58 week low
  • Sustained trade below the 157.58 week low ends the 157.58–158.95 range read
  • US Retail Sales/PPI at 12:30 UTC (~5.5h) could materially shift this read; the 158.26 weekly open is the next reference above the 38.2% fib

06:02 UTC

Downtrend after failed CPI breakout · RSI 36 · price 157.887

Lower highs from 158.95; week low 157.58 set in Asia.

Wednesday's hot US CPI lifted the pair out of the 157.83–158.75 weekly range to a week high of 158.95 early in the NY session. The move fully reversed as US yields slid, and the selling ran through the Asia session to a 157.58 week low. That leaves a false break above the range and a sequence of lower highs. Price now sits below EMA(20) and EMA(50) with RSI(14) in the mid-30s. The Asian rebound has stalled at 158.01, the asia high, and price is hovering just above Tuesday's 157.83 low.

Support: 157.83, 157.58

Resistance: 158.01, 158.26, 158.95

What it said to watch

  • US PPI and Retail Sales at 12:30 UTC (~6.5h) could materially shift this read
  • H1 close below the 157.58 week low extends the lower-low sequence toward the 157.50 range base
  • Failure to hold the 157.83 tue low keeps the asia high at 158.01 as the near-term cap
  • Reclaim of the 158.26 week open, the 50% fib of the CPI reversal, invalidates the lower-highs read
  • Any move back toward the 158.95 week high runs into the 159.00 intervention-risk zone

05:03 UTC

Down since CPI-spike rejection, bouncing off week low · RSI 43 · price 157.975

Lower highs from 158.95; Tuesday low broken in Asia, now being reclaimed.

Wednesday's hot-CPI spike in the NY session pushed through Monday's 158.75 high but failed at the 158.95 week high, just under 159.00. The full reversal came as US yields turned and extended through the Asia session to a 157.58 week low, below the 157.83 tuesday low set at the London open. The pair has bounced back toward 158.00 but remains below EMA(20) at 158.13 and EMA(50) near 158.27, with RSI(14) recovering from ~31 to the low 40s. The 38.2% retracement of the CPI-spike decline sits at the ema20, and the 50% level lines up with the 158.26 weekly open.

Support: 157.83, 157.58, 157.50

Resistance: 158.13, 158.26, 158.95

What it said to watch

  • Hourly close back below the tuesday low at 157.83 reopens the 157.58 week low and the 157.50 round number
  • Reclaim of the ema20 at 158.13 and the weekly open at 158.26 (50% fib) would break the post-CPI lower-high sequence
  • US PPI and retail sales at 12:30 UTC (~7.5h) could materially shift this read; a run back to the 158.95 week high would retest the CPI false break where supply capped price

04:01 UTC

Downtrend from Wednesday's spike high, extended · RSI 27 · price 157.664

Week range 157.58–158.95; post-CPI high fully reversed, lower low below Tuesday.

Wednesday's hot US CPI print lifted the pair through Monday's 158.75 high to a week high at 158.95. The move fully reversed as US yields slid, leaving a false break above the range top. The selloff carried through Asia session today below the 157.83 Tuesday low to a week low at 157.58. Price sits well under the weekly open at 158.26 and both EMAs, with RSI(14) in oversold territory and lower highs stepping down since the spike.

Support: 157.58, 157.50

Resistance: 157.83, 158.26, 158.95

What it said to watch

  • US PPI and Retail Sales at 12:30 UTC (~8h) could materially shift this read
  • H1 close below the 157.50 range floor confirms a break of the week's range
  • Recovery back above the tuesday low at 157.83 would mark the drop below it as a failed extension
  • Reclaim of the weekly open at 158.26 breaks the lower-high sequence from the 158.95 week high

03:02 UTC

Downtrend, oversold after the CPI spike reversed · RSI 25 · price 157.651

Lower highs from the 158.95 peak; Tuesday low broken.

The CPI spike to the 158.95 week high in Wednesday's NY session fully reversed as US yields slid. That left a false break above Monday's 158.75 high and a run of lower highs since. Asia session selling has taken out the 157.83 Tuesday low and printed a week low at 157.58, with price below EMA(20) and EMA(50), RSI(14) near 25 (oversold) and the 157.50 range floor just beneath. The weekly open at 158.26 lines up with the 50% retracement of the CPI-day drop.

Support: 157.58, 157.50

Resistance: 157.83, 158.26, 158.95

What it said to watch

  • H1 close back above the 157.83 tuesday low would turn this week's range break into a false break
  • Failure to hold the 157.58 week low and the 157.50 range floor extends the lower-low sequence
  • The lower highs trendline from the CPI peak, near 157.96, has capped every rebound since Wednesday; a close above it changes the read
  • US PPI and retail sales at 12:30 UTC (~9.5h) could materially shift this read; a hot print puts the weekly open at 158.26 back in play

02:01 UTC

Short-term downtrend inside a weekly range · RSI 35 · price 157.836

Lower highs since the CPI spike, fresh week low printed in Asia.

From the 158.26 weekly open, Monday's push to 158.75 faded into Tuesday's 157.83 low. Wednesday's hot US CPI then spiked the pair to a 158.95 CPI high. That move proved a false break above Monday's top: it fully reversed as Treasury yields faded, with a sequence of lower highs into the NY close. The Asia session has now extended to a new week low at 157.76, just under Tuesday's low. Price sits below EMA(20) and EMA(50), and RSI(14) is near 35, not yet oversold.

Support: 157.763, 157.50

Resistance: 158.045, 158.263, 158.946

What it said to watch

  • Hourly closes below the 157.76 week low expose the 157.50 range floor, confirming the post-CPI reversal
  • A reclaim of the 158.05 cpi-day low, then the 158.26 weekly open, near the 38.2% of the post-CPI fib, would neutralise the lower-high sequence
  • The descending line from the CPI high caps rebounds while intact
  • US PPI, Retail Sales and claims at 12:30 UTC (~11h) could materially shift this read
  • Retests of the 158.95 CPI high run into intervention-sensitive territory near 159.00

01:02 UTC

Range-bound, post-CPI downswing pressing the lows · RSI 34 · price 157.836

157.83–158.95 weekly band, lower highs since the CPI spike, testing range base.

USD/JPY has held a 157.83–158.95 band since Monday's 158.26 week open. The hot US CPI print drove a NY-session break above Monday's high to a 158.95 CPI high, but the move fully reversed as Treasury yields turned, leaving a false break and a run of lower highs. Asia-session selling has since taken price through Tuesday's low to a 157.76 week low, below both EMAs with RSI(14) near 34 and the 158.05 cpi-day low now overhead.

Support: 157.76, 157.50

Resistance: 158.05, 158.26, 158.95

What it said to watch

  • Hourly closes below the 157.76 week low extend the post-CPI reversal toward the 157.50 range floor
  • Recovery above the 158.05 cpi-day low and the 158.26 week open would break the lower-highs sequence
  • BoJ's Koeda at 01:30 UTC: any openness to an October hike could add JPY pressure at the range base
  • Thu 12:30 UTC PPI and retail sales bundle; a hot print reopens the 158.95 CPI high

00:01 UTC

Range-bound, downside momentum after failed CPI spike · RSI 36 · price 157.928

157.83–158.95 range; CPI breakout fully reversed, lower highs since.

The hot US CPI print lifted the pair through Monday's high at 158.75 to a 158.95 CPI high in the first hours of NY. That spike unwound through NY afternoon and into the Asia session, consistent with the digest's note of yields reversing, and became a false break that took price back under the 158.26 week open. Price now sits at 157.93, below EMA(20) and EMA(50) with RSI(14) near 36, just above Tuesday's 157.83 swing low and Friday's 157.76 prior-week low.

Support: 157.83, 157.76

Resistance: 158.26, 158.75, 158.95

What it said to watch

  • H1 close below the 157.83 swing low breaks the range floor and exposes the 157.76 prior-week low
  • Recovery back above the 158.26 week open (~38.2% of the CPI-high selloff) would neutralise the reversal read
  • BoJ Koeda at 01:30 UTC; a hawkish lean or yen-weakness warning could extend pressure on the range floor
  • US Retail Sales/PPI/claims at 12:30 UTC could materially shift this read; a renewed push needs to clear the 158.75 monday high and 158.95 cpi high

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