Every read JAFX AI made on the USD/JPY 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
19:33 UTC
Uptrend, momentum extending · RSI 70 · price 161.283
Higher highs and higher lows, fresh breakout.
USDJPY broke decisively above the 160.55 multi-week range cap and accelerated toward the 2024 peak, driven by the widening US-Japan rate gap after the hawkish FOMC dot-plot reset and a BoJ hike that failed to support the yen. Structure is a clean run of higher highs and higher lows with ATR expanding through the breakout; price is now pressing the 161.81 session high just below the 161.95 ceiling. RSI is stretched into overbought, consistent with the steep extension.
Support: 160.55, 159.10
Resistance: 161.81, 161.95
What it said to watch
- H4 close above 161.95 opens the path toward the 162-163 zone
- Intervention risk near 40-yr lows could snap price back to the 159.65/159.10 support cluster
- S&P Global PMIs Tue could materially shift the USD-driven read
- Failure to hold 160.55 would negate the breakout
19:33 UTC
Uptrend, momentum slowing into 2024 peak · RSI 68 · price 161.283
Higher highs and higher lows; pressing multi-year ceiling.
USDJPY remains in a clean uptrend, carving higher highs and higher lows as broad USD strength after the record-hawkish FOMC keeps the yen pinned near 40-year lows. Price broke the 160.80 consolidation shelf and spiked to 161.81 before easing back, now hovering just under the 161.95 2024 peak. ATR(14) has expanded with the latest impulse, but RSI near 68 flags stretched conditions into that multi-year ceiling.
Support: 160.80, 160.20, 159.65
Resistance: 161.81, 161.95
What it said to watch
- H4 close above 161.95 opens the path toward the 162-163 zone
- Failure to hold the 160.80 breakout shelf reopens 160.20 swing low
- Intervention risk near multi-year lows could snap price back to the 159.65 support cluster
- US S&P Global PMIs Tue could materially shift this read