USD/JPY AI Live Scan, weekly chart, Friday, 24 July 2026
Every read JAFX AI made on the USD/JPY weekly chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
19:02 UTC
Uptrend, extended · RSI 68 · price 162.52
Higher highs since April low, near 40-year highs.
Persistent uptrend since the April 2025 low near 140; price sits at 162.52, just under its recent high at 162.84 and grinding toward the 164.00 four-decade high. W1 EMA(50) is rising and price holds well above it — macro trend firmly intact, driven by the wide Fed-BoJ rate gap and an energy-cost shock on the yen. RSI is elevated but not yet at a weekly extreme, so the regime read stays trending rather than exhausted.
Support: 160.00
Resistance: 162.84, 164.00
What it said to watch
164.00 is the flagged intervention trip-wire and 40-year high — area to monitor for rejection or a break
BoJ decision + Outlook Jul 31 and FOMC Jul 29 land back-to-back — highest two-way risk to this read
Weekly close below 160.00 round number would be the first crack in the uptrend structure
19:02 UTC
Uptrend, extended · RSI 67 · price 162.52
Higher highs / higher lows since April low.
USDJPY has been in a clean multi-quarter uptrend since the April 2025 cycle low near 139.89, grinding to 162.52 and pressing 40-year highs, driven by the wide Fed-BoJ differential and the energy-cost shock keeping the yen structurally soft. EMA(50) on W1 is rising and price sits well above it — macro trend firmly intact. The 162.84 swing high has just been cleared, leaving the 164.00 four-decade high as the next overhead marker.
Support: 160.00, 139.89
Resistance: 162.84, 164.00
What it said to watch
164.00 40-year high is the intervention trip-wire — area to watch for rejection or a break
BoJ decision + Outlook (Jul 31) alongside FOMC (Jul 29) could materially shift this multi-week read
Loss of the 160.00 round number would be the first crack in the uptrend structure