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 near highs · RSI 68 · price 163.505
Higher highs / higher lows since Q2 2025 low.
Trending higher since the April 2025 low near 139.90; price sits at 163.51, just under the 40-year high and well above a rising W1 EMA(50) — macro structure firmly up. The advance has been driven by the deeply negative rate differential, with only the coordinated MoF/BoK intervention (163→158) interrupting the grind. RSI in the high 60s is elevated but not yet at a W1 extreme.
Support: 160.00
What it said to watch
- Sustained push above 162 toward 164 raises MoF intervention risk cited around that line
- W1 close below 160.00 breaks the pivot and questions the uptrend
- Labor Cash Earnings (Aug 4) and ISM week could shift the rate-differential read
19:01 UTC
Uptrend, extended into highs · RSI 71 · price 163.505
Higher highs, higher lows above 160.
USDJPY has been in a sustained multi-quarter uptrend since the April 2025 low near 139.89, grinding to 163.51 and pressing 40-year-yen-weakness territory; price holds well above a rising W1 EMA(50), so macro structure is firmly trending. The deeply negative rate differential keeps structural pressure on JPY, and the BoJ's mildly hawkish hold offered no lasting reversal after the coordinated MoF intervention that whipsawed 163 down to 158. Price now trades above the 162 line analysts flag as an intervention threshold, with RSI(14) elevated toward overbought.
Support: 160.00, 158.54, 152.27
What it said to watch
- Trade above the 162 interv. line raises fresh MoF intervention risk
- W1 close below 160.00 psych pivot would break the higher-low sequence
- Failure to hold 158.54 interv. low reopens the 152.27 swing low
- Labor Cash Earnings Aug 4 could shift the BoJ normalization read