Steady grind higher since Monday's open carried price from 158.83 into a week high at 159.59 during yesterday's NY session, but the latest NY hours brought a sharp rejection with a wide-range hourly drop into 159.11. Price has reclaimed the figure but sits below EMA(20) for the first time this week, with RSI fading from overbought as the high was made — a bearish divergence on the swing. Tokyo CPI in the Asia session ahead is the next structural catalyst.
Support: 159.111, 158.83
Resistance: 159.59, 159.37
What it said to watch
H1 close back above 159.37 prior high would reassert the uptrend
Loss of 159.11 session low opens room toward the 158.83 week low
Tokyo CPI print in Asia hours could materially shift this read
Headline risk from US-Iran ceasefire status remains live
Rally into 159.65 then sharp rejection back to range mid.
Steady climb from 158.75 since Monday's open extended into a 159.65 week high during the NY session, but USD softened on US-Iran ceasefire headlines and a soft PCE print, dragging price 45 pips back below EMA(20). RSI lost the 50 line as the rally faded, with bearish divergence into the high. Pair now sits mid-range above the 159.18 session low with momentum stalling.
Support: 159.18, 158.90, 158.75
Resistance: 159.45, 159.60, 159.65
What it said to watch
Hourly close back above 159.45 EMA20 would reopen the prior high at 159.60
Loss of 159.18 session low exposes 158.90 week base
Tokyo CPI in the upcoming Asia session could shift JPY tone
21:00 UTC
Uptrend, momentum fading after rejection at 159.65 · RSI 42 · price 159.248
Higher highs into 159.65, sharp pullback to 159.11.
Pair has trended higher since Monday's open near 158.78, posting a week high at 159.65 in the NY session before a sharp rejection drove price back to 159.11. The Trump–Iran ceasefire MOU headlines and Musalem's hawkish-tilt comments triggered a USD reversal that broke the rising trendline off Tuesday's lows. RSI(14) has rolled from overbought into the 40s with bearish divergence at the highs, while price still sits above EMA(20) and EMA(50) keeping the broader uptrend intact.
Support: 159.111, 158.93
Resistance: 159.45, 159.65
What it said to watch
H1 close below 158.93 EMA20 would break the week's uptrend structure
Reclaim of 159.45 prior shelf would neutralise the rejection at 159.65 week high
Tokyo CPI in Asia session could shift JPY tone on this read
Steady grind higher from Monday's 158.77 low into a 159.65 swing high made overnight, with EMA(20) supporting each NY-session pullback through Tuesday and Wednesday. The US-Iran truce headlines hit during today's NY session, driving a sharp sell-off through EMA(20) and EMA(50) to 159.11 — first material break of structure this week. Price now sitting mid-range with RSI(14) at 41 after printing bearish divergence at the 159.65 high.
Support: 159.11, 158.88
Resistance: 159.49, 159.577, 159.65
What it said to watch
H1 close back above 159.490 prior cap would neutralise the rejection
Loss of 159.110 session low opens 158.880 week low
Further US-Iran ceasefire headlines could extend USD weakness
19:00 UTC
Uptrend, momentum fading · RSI 38 · price 159.20
Higher highs into rejection at 159.65.
Steady grind higher since Monday's session open, with the week high tagged at 159.65 during yesterday's NY session before sellers stepped in. The latest NY session has unwound that move sharply, dropping through EMA20 and EMA50 with price now sitting on the 159.11 session low. RSI cycled from overbought into the high-30s, marking a bearish divergence against the late-week push.
Support: 159.11, 158.84
Resistance: 159.65, 159.45, 159.55
What it said to watch
H1 close below 159.11 session low opens path to 158.84 week low
Reclaim of 159.45 prior swing would neutralise the rejection read
Headline risk from US/Iran MOU and Musalem hawkish comments can override structure
Higher highs into 159.65, sharp rejection back to 159.15.
Steady grind higher from Monday's 158.75 base into a 159.65 week high during the NY session, but the last three bars cracked sharply lower on heavy turnover, slicing through EMA(20) and the 159.49 shelf in one move. The reversal coincided with reports of a US/Iran ceasefire MOU and softer US new home sales, with USD broadly offered into the close. RSI(14) rolled from 70s to high-30s while price retraced the full NY advance, leaving a clear lower-high signature on H1.
Support: 159.111, 158.872, 158.754
Resistance: 159.49, 159.65, 159.601
What it said to watch
Hourly close back above 159.49 would neutralise the rejection read
Loss of 159.11 session low opens the path toward 158.87 week low
Headline risk around Trump approval of the US/Iran MOU could whip this read
17:00 UTC
Uptrend, momentum fading · RSI 43 · price 159.299
Higher highs into 159.65, sharp pullback to weekly open zone.
Steady grind higher off Tuesday's 158.75 base carried price into 159.65 during the NY session, but the latest hour delivered a sharp 30-pip flush back to 159.18 on US/Iran ceasefire headlines and softer USD tone. Price now sits below EMA(20) with RSI rolling under 50 after failing to confirm the new highs — a bearish divergence into the week's peak. The 159.18-159.30 zone is the immediate pivot, with 158.85 the week's structural floor.
Support: 159.18, 158.85, 158.75
Resistance: 159.51, 159.65
What it said to watch
H1 close back above 159.51 prior high would reassert the uptrend
Loss of 159.18 session low opens a path to 158.85 week low
Further US/Iran ceasefire progress and Fed Musalem hawkish tone are the active USD drivers
16:00 UTC
Uptrend, sharp late rejection · RSI 42 · price 159.217
Higher highs into 159.65, aggressive pullback to mid-range.
Steady grind higher off the 158.85 week base, with each NY session this week extending the move into a 159.65 week high. The latest hour brought a sharp rejection from 159.49 back to 159.18 on heavy volume, breaking the EMA20 and printing a bearish RSI divergence against the prior swing.
Support: 159.18, 158.85
Resistance: 159.65, 159.45
What it said to watch
Hourly close back above 159.45 neutralises the rejection
Loss of 159.18 session low opens 158.85 week base
USD-wide softness flagged in news flow could extend the pullback
15:00 UTC
Uptrend, momentum slowing near range top · RSI 50 · price 159.474
Stair-step higher highs from 158.75 base, capped at 159.60.
Steady recovery off Monday's 158.75 base, with NY session yesterday driving the leg to 159.60 on the back of soft Q1 GDP and a tamer Core PCE print. Today's NY hours have stalled — RSI(14) has rolled while price held lower highs into 159.65, and the latest pullback to 159.31 has put price back below EMA(20). Week range still intact between 158.75 and 159.60.
Support: 159.31, 159.10, 158.75
Resistance: 159.60, 159.65
What it said to watch
H1 close back above 159.60 reopens the swing high at 159.65
Loss of 159.31 session low exposes the 159.10 prior breakout shelf
Bearish RSI divergence into 159.60 unresolved while price holds below EMA(20)
Steady grind higher since the week-low print near 158.75, with EMA(20) supporting pullbacks through the NY sessions. The 159.60 week high capped Wednesday and again today, and the rejection from there into the soft Q1 GDP revision has dragged price back to the EMA(20) with RSI rolling off from the recent push — a bearish divergence relative to yesterday's high.
Support: 159.30, 159.00, 158.75
Resistance: 159.60, 159.45
What it said to watch
H1 close below 159.30 intraday low would break the higher-low sequence
Reclaim of 159.45 prior high reopens the 159.60 week high test
Loss of 159.00 round number exposes 158.75 week low
USDJPY has climbed steadily from the 158.75 week low into a 159.65 week high, with each NY session this week extending the move. Today's NY session has stalled after the in-line Core PCE and strong durable goods print, with price drifting back under EMA(20) and RSI rolling off a lower peak versus Wednesday's high — a bearish divergence as the pair sits close to levels that allegedly triggered the April intervention. Holding the 159.30 prior breakout keeps the uptrend intact.
Support: 159.30, 159.00, 158.75
Resistance: 159.65, 159.58
What it said to watch
H1 close below 159.30 prior breakout opens a path back to 159.00 psych
Reclaim of 159.58 session high negates the bearish divergence read
Intervention headlines near 159.65 week high would materially shift this read
USDJPY broke out of the 158.80–159.20 range during Wednesday's NY session and has carved higher lows since, tagging a 159.60 week high before easing back. Price holds above both EMAs with RSI cycling in the 50–65 band on each pullback, consistent with a controlled grind. Intervention chatter around 160.00 is the cap traders are watching.
Support: 159.10, 158.75
Resistance: 159.60, 160.00
What it said to watch
H1 close back below 159.10 breakout would invalidate the continuation read
US core PCE print at 12:30 GMT could materially shift this read
Approach to 160.00 psych level raises MoF intervention risk
11:00 UTC
Uptrend, grinding higher · RSI 54 · price 159.414
Higher highs, higher lows since Tuesday low.
USDJPY has trended higher all week from the Tuesday 158.75 low, breaking out above 159.20 during NY yesterday and tagging 159.65 in Asia today. Pullbacks have respected EMA(20) and the rising channel base, with RSI(14) cycling in the 50-65 band on each leg. Price is consolidating just under the week high with 160.00 — a known MoF intervention zone — within reach.
Support: 159.38, 159.15, 158.75
Resistance: 159.65, 160.00
What it said to watch
Hourly close below 159.38 session low breaks the channel base
Approach to 160.00 psych level raises BoJ/MoF intervention risk per Credit Agricole/SocGen commentary
Loss of 159.15 prior swing invalidates the uptrend read
10:00 UTC
Uptrend, grinding higher · RSI 54 · price 159.454
Higher-highs since Monday's low, approaching intervention zone.
Steady grind higher since Monday's session low at 158.75, with each NY session extending the range top through the week. Breakout above 159.30 mid-week was retested and held, lifting price to a week high at 159.65 before stalling. Price now consolidating around 159.45, with the 160.00 psych level the next reference — also flagged in news as the intervention zone for Tokyo officials.
Support: 159.30, 158.90, 158.75
Resistance: 159.60, 160.00
What it said to watch
Hourly close back below 159.30 would break the prior break support and open 158.90
Approach to 160.00 psych level — area to monitor for FX intervention risk per MoF rhetoric
Failure to reclaim the week high at 159.60 keeps price capped in current range
USDJPY ground higher all week from Tuesday's 158.75 low, with the NY session yesterday clearing the 159.30 prior breakout and tagging 159.65 week high overnight. Price now consolidating just below that high after a shallow pullback respected EMA(20); RSI(14) cycling in the 55–65 band on each leg up. Safe-haven JPY bid from US-Iran headlines has so far failed to dent the structure.
Support: 159.30, 158.75
Resistance: 159.65, 159.70, 159.95
What it said to watch
Hourly close back below 159.30 prior breakout would break the higher-low sequence
Acceptance above 159.65 week high opens 159.70 and the 159.95 round number flagged by UOB
Further escalation in US-Iran headlines could drive a JPY safe-haven bid and challenge the uptrend
Price has trended higher since Tuesday's 158.75 low, with each NY session this week extending the move and pullbacks finding the EMA(20). Wednesday's NY session pushed through 159.30 prior resistance and Thursday's Asia session tagged a four-week high at 159.65 before easing back. RSI holding the 55-65 band on H1 keeps the structure constructive without flashing exhaustion.
Support: 159.30, 158.75
Resistance: 159.65
What it said to watch
H1 close below 159.30 prior break would break the higher-low sequence
Sustained rejection at 159.65 week high would set up a range read
US-Iran headline risk remains the dominant intraday driver per news flow
07:00 UTC
Uptrend, momentum steady · RSI 62 · price 159.567
Higher highs above reclaimed 159.00.
USDJPY has trended steadily higher since mid-week after reclaiming 159.00 during the NY session, with each pullback finding buyers along EMA(20). Price tagged a four-week high at 159.65 in Asia on Iran-tensions flow and is consolidating just below that level into early London. RSI sits in the low-60s with no divergence — momentum still supports the structure.
Support: 159.45
Resistance: 159.65, 159.80
What it said to watch
Hourly close above 159.65 week high opens 159.80 psych
Loss of 159.45 prior high breaks the rising sequence
Headline-driven gaps on US-Iran developments could override structure
USDJPY has trended steadily higher since Tuesday's 158.75 low, with NY sessions doing the heavy lifting — yesterday's NY push cleared 159.40 and today's Asian session extended to a fresh week high at 159.65. Price is holding above both EMAs with RSI cycling in the 55-65 band, consistent with a controlled uptrend rather than an exhaustion move. Hormuz risk headlines are underpinning USD demand and capping any meaningful pullback attempts.
Support: 159.43, 159.15, 158.75
Resistance: 159.65
What it said to watch
hourly close back below 159.43 prior break level would signal momentum stalling
loss of 159.15 ema20 on a close opens room back to 158.75 week low
US-Iran headline risk remains the dominant driver and can shift this read intra-session
USDJPY has climbed steadily since Tuesday's 158.75 week low, with each NY session extending the move and pullbacks holding above EMA(20). Wednesday's NY session broke 159.30 and Thursday's Asia session is pressing a fresh four-week high near 159.65, supported by JGB-driven yen softness and Hormuz risk-off flow into USD. RSI at 64 reflects sustained momentum without yet stretching into overbought.
Support: 159.45, 159.30, 158.75
Resistance: 159.65, 159.58
What it said to watch
H1 close back below 159.45 prior break would signal failed continuation
loss of 159.30 intraday low opens retest of 158.75 week low
BoJ rate-hike rhetoric or fresh intervention headlines could reset the read
Price has trended steadily higher since Tuesday's 158.75 low, with each NY session driving the bulk of the move and London holding the gains. The breakout above 159.30 yesterday retested cleanly and extended into a four-week high at 159.60, with RSI(14) at 64 still short of overbought. Yen softness has been supported by fresh fiscal worry around the LDP bridging-bond plan and Hormuz-risk USD demand.
Support: 159.30, 158.75
Resistance: 159.60
What it said to watch
H1 close back below 159.30 would negate the retest and reopen the ema20 area
Failure to clear 159.60 on a third attempt would mark a session-high double top
BoJ rate-hike speculation into June a known catalyst that could shift the read
03:00 UTC
Uptrend, grinding higher · RSI 64 · price 159.585
Higher highs and higher lows since Tuesday low.
USDJPY has built a clean stair-step higher through the week, with Tuesday's session low at 158.75 marking the pivot and price now pressing the 159.60 week high. The NY session yesterday drove the breakout above 159.45 and Asia has held the gains, with RSI(14) running near 64 and price riding the EMA(20). Reports of LDP bridging bonds reviving fiscal worries have kept the yen soft into the Tokyo session.
Support: 159.43, 159.20, 158.75
Resistance: 159.599
What it said to watch
An hourly close above 159.60 week high opens the path higher
Loss of 159.43 prior break level would signal momentum stalling
Break back below 159.20 swing would invalidate the uptrend read
Fed and BoJ commentary remains a live catalyst given June rate-hike speculation
02:00 UTC
Uptrend, momentum slowing · RSI 63 · price 159.56
Higher highs and higher lows since Monday's low.
USDJPY has trended steadily higher since Monday's 158.75 low, with each NY session adding to the move and pullbacks finding EMA(20) on H1. Wednesday's NY session cleared 159.40 on JGB-yield/fiscal-worry headlines and price has consolidated tightly under the 159.58 session high into the Asia open. RSI(14) at 63 reflects firm momentum without an extreme.
Support: 159.40, 158.75
Resistance: 159.58, 159.77
What it said to watch
Hourly close above 159.58 opens the path toward the 159.77 week high
Loss of 159.40 on a close would mark the first failed retest of this week's breakout
BoJ June-hike speculation and MoF intervention risk could materially shift this read
01:00 UTC
Uptrend, fresh week high · RSI 67 · price 159.575
Higher highs and higher lows since Monday low.
USDJPY has trended steadily higher across the week, base-building near 158.80 Monday before stair-stepping through 159.30 during NY hours yesterday and printing a fresh week high at 159.58 into the Asia session. Price sits above both EMA20 and EMA50 with RSI(14) mid-60s, carry-trade flows referenced in news as Yen intervention support fades. Pullbacks have been shallow and consistently bought near the rising EMA20.
Support: 159.30, 158.75
Resistance: 159.58, 159.75
What it said to watch
Hourly close above 159.580 week high opens path toward 159.750 round number
Loss of 159.300 prior swing would break the week's higher-low sequence
BoJ-adjacent rhetoric or further Iran headlines could distort the carry read
00:00 UTC
Uptrend, momentum slowing near week high · RSI 62 · price 159.503
Higher-lows since Monday low, capped at 159.57.
USDJPY has climbed steadily since the Monday low at 158.75, with each NY session this week extending the move and pullbacks finding the EMA20. Wednesday's NY hours pushed price through 159.30 and tagged a fresh week high at 159.57 before easing into Asia. RSI sits in the low-60s — momentum still constructive but no fresh impulse on the latest leg.
Support: 159.30, 159.10, 158.75
Resistance: 159.57
What it said to watch
Hourly close back below 159.10 breaks the breakout retest and opens the path to 158.75
Sustained move through 159.57 extends the week high
Fed's Jefferson speaking in Tokyo today — headline risk into the Asia session
Yen carry/intervention commentary remains active background risk