USD/JPY AI Live Scan, 15-minute chart, Thursday, 5 November 2026
Every read JAFX AI made on the USD/JPY 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:46 UTC
Downtrend, extending into early Asia · RSI 30 · price 157.403
Lower highs from 157.88; NY low 157.54 broken, shallow bounce.
The NY sell-off that started at the US cash open, as the tech rout lifted JPY, carried into early Asia. Price sliced through the 157.54 NY low to a 157.25 session low, and the bounce stalled at 157.49, the 38.2% fib of the drop from the 157.88 swing high. Lower highs keep intraday structure pointed lower, with RSI(14) near 30 and price below both EMAs.
Support: 157.254, 157.00
Resistance: 157.49, 157.537, 157.875
What it said to watch
Holding below the 157.54 NY low keeps the range break intact; a reclaim marks it as a false break
Break of the 157.25 session low exposes the 157.00 round number, the range floor cited in the macro digest
Close above the lower-highs trendline near 157.65 neutralises the intraday downtrend read
Japan Labor Cash Earnings (23:30 UTC) reaction still developing in early Tokyo trade
Fed's Williams at 09:30 UTC Fri could materially shift this read; NFP and Ueda follow later Friday
23:31 UTC
Downtrend, stretched into oversold · RSI 21 · price 157.306
Lower highs and lower lows since the 158.50 London high; 157.39 weekly low broken in early Asia.
The NY session tech sell-off reversed the London climb to 158.50, and the early-Asia leg around the Labor Cash Earnings release cut through the 157.54 NY low and the 157.39 weekly low to a 157.25 session low. RSI(14) near 21 is oversold, with ATR around 11 pips and the pair still printing a lower-high chain from 157.875.
Support: 157.254, 157.00
Resistance: 157.39, 157.537, 157.875
What it said to watch
A close back above the 157.39 weekly low would turn the break into a false break
Failure to hold the 157.25 session low leaves the 157.00 range floor exposed
A recovery through the 157.54 NY low and the 157.875 lower high would neutralise the lower-high chain
Labor Cash Earnings reaction, then Ueda (Fri 16:00 UTC) and NFP (Fri 13:30 UTC), could materially shift this read
23:16 UTC
Downtrend, lower highs since NY · RSI 30 · price 157.531
Lower highs at 157.875 and 157.713; NY low swept in early Asia.
Hawkish BoJ minutes and lower US yields firmed the yen. NY hours erased the London rally from 158.50 to a 157.54 low, and the bounce stalled at the 157.875 swing high near the 38.2% retrace. Early Asia swept the NY low to a 157.42 spike low and closed back above it, with price sitting just over the 157.39 weekly low and below the post-rollover range top at 157.71.
Support: 157.421, 157.39, 157.00
Resistance: 157.713, 157.875
What it said to watch
Japan Labor Cash Earnings at 23:30 UTC (f/c 3.8%) lands within the next bar and could materially shift this read
An M15 close below the 157.42 spike low and 157.39 weekly low confirms a lower low and opens the 157.00 round number
A reclaim of the 157.71 range top and the descending trendline breaks the lower-high sequence; the 157.875 swing high is next
Ueda (16:00 UTC) and US NFP (13:30 UTC) on Friday are the next major structural risks
Lower highs off 158.50 day high; drifting just above the 157.54 NY low.
The US equity open at 14:30 UTC set off a 96-pip slide from the 158.50 day high to the 157.54 NY low, as the US tech sell-off drove safe-haven yen demand. The bounce stalled at a 157.875 lower high, just under the 38.2% retrace of that sell-off. Price is now at 157.64 in early Asia, holding below the broken asian low at 157.78 and slightly above the 157.61 post-NY low, with RSI(14) near 35.
Support: 157.613, 157.537, 157.39
Resistance: 157.783, 157.875
What it said to watch
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could materially shift this read within the next bar or two
Failure to hold the 157.54 NY low extends the lower-low chain toward the 157.39 weekly low
M15 close back above the 157.78 asian low, then the 157.875 lower high, breaks the lower-high sequence
Ueda speech and US NFP on Friday sit beyond this window but frame the two-way risk
22:46 UTC
Downtrend, compressing near lows · RSI 44 · price 157.683
Lower highs since NY open; tight range above NY low.
The risk-off yen bid from the US tech sell-off hit at the Wall Street open, taking the pair from the 158.50 London high to a 157.54 NY low. The late-NY bounce stalled at the 157.88 lower high, just under the 38.2% retrace of that selloff. Early Asia is thin, with price compressing between the 157.61 late NY low and the broken 157.78 Asian low, RSI(14) at 44.
Support: 157.61, 157.54
Resistance: 157.78, 157.88
What it said to watch
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could materially shift this read
An M15 close below the 157.54 NY low extends the lower-low sequence
A recovery above the 157.88 lower high and 38.2% retrace breaks the lower-highs chain
The former Asian low at 157.78 is capping intraday bounces
US NFP and Ueda on Friday are the next major event risk for this structure
22:31 UTC
Downtrend after NY reversal, momentum flattening · RSI 42 · price 157.658
Lower high at 157.875 under the broken Asian low, drifting toward the NY low.
The London rally to 158.50 reversed sharply at the NY cash open as the tech sell-off and lower yields lifted the yen, breaking the Asian low at 157.78 and printing a 157.54 NY low. The bounce stalled at 157.875 for a lower high, below the 38.2% of the NY selloff fib, and thin post-NY-close trade is drifting back toward the 157.61 late low.
Support: 157.613, 157.537
Resistance: 157.783, 157.875
What it said to watch
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) lands into thin Asia session liquidity and could materially shift this read
M15 close back above the asian low at 157.78 would neutralise the breakdown; above the 157.875 lower high breaks the selloff trendline
Failure to hold the 157.54 NY low extends the lower-low sequence
Fed's Williams at 09:30 UTC and NFP Friday 13:30 UTC remain the larger risk events
22:16 UTC
Downtrend after NY reversal, lower highs into Asia · RSI 38 · price 157.615
Asian range broken lower; lower highs below 157.875, holding just above 157.54 session low.
London lifted the pair to 158.50, where three tests capped it in a triple top. The NY open then reversed it through the 157.78 asian low to a 157.54 session low, with the yen bid on risk-off and the hawkish BoJ minutes. The bounce stalled at the 157.875 bounce high, just under the fib 38.2 of the NY drop, and lower highs have price back at 157.62 with RSI(14) at 38.
Support: 157.537, 157.39
Resistance: 157.783, 157.875
What it said to watch
Japan Labor Cash Earnings at 23:30 UTC (f/c 3.8%) could materially shift this read in early Asia
An M15 close below the 157.54 session low extends the lower-low sequence toward the 157.39 weekly low
A recovery above the 157.78 asian low and the 157.875 bounce high would break the lower-highs structure
Fed's Williams at 09:30 UTC and NFP at 13:30 UTC Friday are the next major event risks
Lower highs off 158.50, late-NY range above session low.
A London double top at the 158.50 session high was rejected in NY. Risk-off yen demand and lower yields then drove a slide to a 157.537 session low. Price is now compressing late-NY between the 157.64 repeat lows and the 157.875 bounce high, with that bounce stalling below the 38.2% fib and the lower-highs line.
Support: 157.64, 157.537, 157.39
Resistance: 157.875, 158.00, 158.50
What it said to watch
M15 close below the 157.64 repeat lows reopens the 157.537 session low, then the 157.39 weekly low
Close above the 157.875 bounce high and the lower-highs line brings the 158.00 round number back into play
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could break the late-NY range
US NFP Fri 13:30 UTC and Ueda at 16:00 GMT could materially shift this read
Lower highs from the 158.50 day high; price below the Asian range, retesting late lows.
The first hour of NY brought a ~96-pip slide from the 158.50 day high to the 157.54 NY low on the tech-led risk-off yen bid. The bounce stalled at 157.875, short of the 38.2% retrace, and the late NY drift has price back on the 157.64 late lows, below the Asian low, with RSI(14) near 31.
Support: 157.645, 157.537, 157.39
Resistance: 157.783, 157.875, 158.00
What it said to watch
A close below the 157.64 late lows exposes the 157.54 NY low, then the 157.39 weekly low
A recovery back above the 157.78 Asian low and the 157.875 bounce high breaks the lower-highs line
The 158.00 round number caps the 38.2–50% retrace zone of the NY selloff
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could move the yen within the next couple of hours
Friday's NFP and the Ueda speech could materially shift this read
Lower highs and lower lows since the 14:30 UTC London-NY reversal.
The London rally stalled twice at 158.50. From the first hour of NY, a risk-off yen bid tied to the chip sell-off broke the 157.785 Asian low and printed the 157.537 NY low. The bounce was rejected at the 157.875 lower high, just under the 38.2% fib. Price is back at 157.72, pressing the 157.645 late-NY low, with the 158.00 round number above as the next pivot.
Support: 157.645, 157.537
Resistance: 157.785, 157.875, 158.00
What it said to watch
Japan Labor Cash Earnings at 23:30 UTC (f/c 3.8%) could materially shift this read in the thin Asian open
M15 close below the 157.537 NY low extends the lower-low chain
Failure to hold the 157.645 late-NY low points to a retest of the NY low
Recovery through the 157.785 Asian low and the 157.875 lower high breaks the NY lower-high sequence; 158.00 round number is next
US NFP and Ueda's speech on Friday keep the 157.00–159.00 range edges in focus
21:16 UTC
Downtrend from the 158.50 high, late-NY bounce stalling · RSI 49 · price 157.774
Lower highs after an NY sweep of the Asian low, compressing 157.76–157.86.
London's push to a 158.50 session high reversed sharply in NY. Risk-off yen demand and lower Treasury yields drove a sweep below the Asian low to a 157.54 session low. The late-NY bounce capped at the 157.875 bounce high, near the 38.2% of the selloff, and price is now coiling just under EMA20 into the Asia open, with RSI(14) neutral near 49.
Support: 157.644, 157.537
Resistance: 157.875, 158.00
What it said to watch
Japan Labor Cash Earnings at 23:30 UTC (f/c 3.8%) could break the current compression either way
M15 close above the 157.875 bounce high and the lower-highs line opens the 158.00 round number
Failure to hold the 157.64 swing low re-exposes the 157.54 session low, with 157.39 range support below
US NFP Friday 13:30 UTC remains the larger event risk for this read
21:01 UTC
Downtrend after NY selloff, stalling into a tight range · RSI 43 · price 157.833
Lower highs from the 158.50 London high; late-NY range 157.76–157.88 below the 38.2% retrace.
The London rally to 158.50 reversed hard from the first hour of NY. A yen safe-haven bid on the tech and chip sell-off and lower yields broke the Asian range low at 157.78 and printed an NY low at 157.54. Price has since recovered about 35% of that drop and is ranging between the 157.76 range low and the 157.88 range high, just under the 38.2% fib at 157.90. RSI(14) sits mid-40s.
Support: 157.76, 157.54
Resistance: 157.88, 158.00
What it said to watch
M15 close above the 157.88 range high and the 38.2% fib at 157.90 opens the 158.00 round number
Failure to hold the 157.76 range low exposes the 157.54 NY low
Japan Labor Cash Earnings at 23:30 UTC could break the range in thin Asia session liquidity
US NFP Friday 13:30 UTC could materially shift this read
20:46 UTC
Down from day high, basing late NY · RSI 53 · price 157.807
Lower high at 157.875 under fib; higher low at 157.644.
The NY open triggered a ~96-pip slide from the 158.50 day high as the US tech sell-off fed safe-haven yen demand. The drop cut through the Asian low at 157.78 to a session low of 157.537, then a higher low formed at 157.644. The late-NY bounce stalled at 157.875, just under the 38.2% fib, and price is now coiling on the Asian low with RSI(14) neutral near 53.
Support: 157.783, 157.644, 157.537
Resistance: 157.875, 158.00
What it said to watch
M15 close above the 157.875 bounce high and the 38.2% fib opens the 158.00 round number
Loss of the 157.644 higher low breaks the late-NY rising support and puts the 157.537 session low back in play
Holding above the asian low at 157.78 keeps the late-NY consolidation intact
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could materially shift this read during the Asia session
20:31 UTC
Down after NY sell-off, late-session bounce stalling · RSI 46 · price 157.808
Lower high at 157.875 below the 158.50 London high; rising lows off 157.54 compressing price.
London's grind to the 158.50 London high was rejected at the NY open. The sell-off, driven by a risk-off yen bid as US tech slid and yields fell, broke the 157.78 Asian low and printed a 157.54 session low. The late-NY bounce stalled at the 157.875 bounce high, short of the 38.2% retracement, and rising lows now pin price in a tight consolidation around the Asian low.
Support: 157.78, 157.64, 157.54
Resistance: 157.875, 158.00, 158.50
What it said to watch
A close above the 157.875 bounce high and the 38.2% fib opens the 158.00 round number; the 158.50 London high remains the session cap
Losing the rising lows and the 157.64 swing low exposes the 157.54 session low
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) lands in the Asian session and could break the compression; US NFP follows Friday at 13:30 UTC
NY broke the Asian range low; higher lows off 157.537.
The 14:30 UTC breakdown from the 158.50 session high carried through the Asian low near 157.78 into a 157.537 session low, with the chip sell-off and softer yields feeding yen demand. Late NY has built higher lows on a recovery line toward the 157.875 bounce high, about a third of the NY selloff retraced, with RSI(14) near 55.
Support: 157.74, 157.537
Resistance: 157.875, 157.98, 158.21
What it said to watch
M15 close above the 157.875 bounce high opens the 38.2% fib near 157.90 and the prior shelf at 157.98
Failure to hold the 157.74 higher low breaks the recovery line and re-exposes the 157.537 session low
Sustained trade back above the 158.21 breakdown level negates the NY selloff structure
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could materially shift this read
20:01 UTC
Down from NY rejection, late-session bounce · RSI 48 · price 157.844
Lower highs from 158.50, higher low forming off 157.54.
London took USDJPY above the Asian range high to 158.50. The NY open rejected that level, completing an intraday double top against the prior-day high, and the pair slid 96 pips to 157.54 as risk-off yen demand and lower Treasury yields hit. Late NY has printed a higher low at 157.64 and price sits back above EMA20, but it is capped just under the fib 38.2% at 157.90, with RSI(14) neutral near 48.
Support: 157.64, 157.54
Resistance: 157.90, 157.98, 158.50
What it said to watch
M15 close above the 157.98 lower high clears the fib 38.2% and opens the 50% retrace near 158.02
Break of the 157.64 higher low and the rising support line exposes the NY low at 157.54
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) lands in the Asia session and could reshape this range
US NFP Fri 13:30 UTC and Ueda at 16:00 GMT could materially shift this read; 158.50 double top remains the range cap
Lower high at 158.50, Asian low broken, higher lows since 157.54.
London stalled at 158.50 before the NY sell-off from 13:30 UTC broke the Asian low at 157.78, with yen demand on the tech sell-off and lower yields, and printed a session low at 157.54. Late in NY, higher lows at 157.64 and 157.74 lifted price back to the Asian low. The bounce high at 157.88 is capping just under EMA20, inside the 23.6–38.2% band of the NY sell-off fib.
Support: 157.78, 157.64, 157.54
Resistance: 157.88, 158.00
What it said to watch
A close above the 157.88 bounce high and 158.00 round number puts the 38.2% NY sell-off fib behind price and challenges the downtrend read
Loss of the 157.64 higher low breaks the rising support and reopens the 157.54 session low
Slipping back under the 157.78 Asian low returns the pair to the post-NY range
Japan Labor Cash Earnings 23:30 UTC (f/c 3.8%) could shift the read during the Asia session
Lower highs since NY open; Asian range broken to the downside, price retesting the Asian low from below.
The NY open was rejected at the 158.50 London high. The sell-off then broke the 157.78 Asian low and printed a session low at 157.537, in line with the digest's risk-off yen bid and hawkish BoJ minutes. Since then, twin lows at 157.64 have held, but the bounce is stalling near the old asian low, which sits at the 23.6% fib, and below the lower-high trendline. The lower highs at 157.984 and the 157.862 swing high still define the down leg.
Support: 157.644, 157.537
Resistance: 157.783, 157.862, 157.984
What it said to watch
M15 close above the 157.862 swing high and the lower-high trendline breaks the descending sequence and opens the 38.2% fib near 157.90
Rejection at the 157.78 asian low keeps the retest-from-below read intact
Failure to hold the 157.64 twin lows exposes the 157.537 session low
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could materially shift this read during the Asia session
19:16 UTC
Downtrend, basing late NY · RSI 44 · price 157.83
Triple top at 158.50, NY lower highs, now higher lows off 157.54.
London capped three times at the 158.50 london high, and NY sliced through the 157.78 asian low to a 157.54 ny low as the risk-off yen bid and lower Treasury yields took hold. Late NY the pair is printing higher lows and has reclaimed 157.78, pressing the ema20 near 157.88 with RSI(14) back to the mid-40s.
Support: 157.78, 157.54
Resistance: 157.88, 157.98, 158.50
What it said to watch
M15 close above the 157.98 breakdown pivot (near the 38.2% fib of the NY sell-off) ends the lower-high sequence
Failure back below the 157.78 asian low puts the 157.54 ny low back in play
Break of the higher-lows line voids the late-NY basing read
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could materially shift this read in the Asia session
19:01 UTC
Downtrend, compressing near lows · RSI 27 · price 157.707
Lower highs below broken Asian low, tight base 157.54–157.77.
A London double top at 158.50 gave way at the NY open. The drop broke the 157.78 Asian low and set lower highs into a 157.54 NY low, in line with the risk-off yen bid and the tech sell-off. Late in NY hours price is compressing at 157.54–157.77, under the lower-highs line, with RSI(14) near 27.
Support: 157.537, 157.50
Resistance: 157.783, 157.984, 158.499
What it said to watch
M15 close back above the 157.78 Asian low invalidates the breakdown read
Failure to hold the 157.54 NY low extends the lower-low chain toward 157.50 psych
Reclaim of the 157.98 swing high breaks the lower-highs sequence
Japan Labor Cash Earnings 23:30 GMT, then Ueda and US NFP Friday, could materially shift this read
Lower highs from 158.50, Asian low broken, retest from below.
USD/JPY was capped at the 158.50 London high and reversed early in the NY session as the chip sell-off and lower yields fed yen demand. The NY sell-off broke the 157.78 Asian low and printed a 157.54 session low. A late-NY bounce is now retesting the Asian low from below, with RSI(14) near 33. The lower-high sequence stays intact while price holds under 157.98.
Support: 157.649, 157.537
Resistance: 157.783, 157.984, 158.498
What it said to watch
M15 close back above the 157.78 Asian low turns the retest into a reclaim; rejection there keeps the NY sell-off structure
Close above the 157.98 lower high, near the 38.2% of the NY sell-off fib, breaks the lower-high chain
Loss of the 157.65 higher low reopens the 157.54 session low
Japan Labor Cash Earnings at 23:30 UTC (f/c 3.8%) could materially shift this read in Asia
18:31 UTC
Downtrend, oversold after NY sell-off · RSI 21 · price 157.669
Lower highs and lower lows since NY open; Asian range broken below.
Price slid about 96 pips from the 158.50 session high at the NY open, as the tech sell-off and softer yields added to yen demand. The move broke the 157.78 Asian low, and the lower highs are still intact late in the NY session. The 157.54 session low drew a wick rebound, but price is pinned near the lows with RSI(14) at about 21, deep in oversold territory.
Support: 157.537, 157.39
Resistance: 157.783, 158.073, 158.499
What it said to watch
A return above the 157.78 Asian low would flag the range break as a false break
A close above the 158.07 lower high, near the 50% fib of the NY sell-off, breaks the lower-high chain
Failure to hold the 157.54 session low exposes the 157.39 weekly low
Japan Labor Cash Earnings at 23:30 UTC (f/c 3.8%) could materially shift this read in the Asia session
18:16 UTC
Downtrend, late NY session, momentum fading near lows · RSI 25 · price 157.683
Lower highs since 158.50 session high; Asian low broken, day low wick rejected.
The NY sell-off reversed the London rally from the 158.50 session high and broke the asian low at 157.78 as risk-off yen demand returned. The late-NY spike to the 157.54 day low drew a rejection wick. Price is now pinned below the asian low with RSI(14) near 25, and bounces have stalled under the 157.98 swing high.
Support: 157.54
Resistance: 157.78, 157.98, 158.50
What it said to watch
A close back above the 157.78 asian low would put price back inside the earlier range and weaken the breakdown read
A close below the 157.54 day low would extend the lower-low chain
Recovery through the 157.98 swing high, near the 38.2% retrace of the NY sell-off, would break the lower-high sequence
The 158.50 session high caps the day; only a retake would negate the reversal
Japan Labor Cash Earnings (23:30 GMT) could move the yen in thin Asian trade
Ueda speech and US NFP on Friday could materially shift this read
18:02 UTC
Downtrend, extending into late NY · RSI 24 · price 157.641
Lower highs and lower lows since the 158.50 London high; Asian range low broken.
The London rally to 158.50 reversed in the NY session, an ~85-pip slide that broke the Asian low at 157.78 and is printing new session lows near 157.64. The 157.98 swing high and the lower-highs line still cap price, and the digest's USD rebound has faded. RSI(14) is at 24, short-term stretched but not extreme, and ATR is about 15 pips.
Support: 157.64, 157.39
Resistance: 157.78, 157.98
What it said to watch
Staying below the 157.78 asian low keeps the lower-highs sequence intact; an M15 close above the 157.98 swing high (38.2% of the NY sell-off) breaks it
A sustained break of the 157.64 session low exposes the 157.39 weekly low
Japan Labor Cash Earnings (23:30 GMT, f/c 3.8%) could materially shift this read during the Asia session
Fri NFP, Williams and Ueda are the next major risk for the 157.39–158.50 structure
Lower highs since 158.50 rejection; Asian low broken.
London's climb stalled at the 158.50 session high and was rejected twice. The 14:30 UTC NY sell-off then erased the rally, breaking the 157.78 Asian low and printing a session low at 157.67, and that move ran against the firmer USD tone after claims. Price is now pinned at the broken Asian low after London close, with lower highs capped at the 157.98 bounce high, RSI(14) near 30 and ATR around 12 pips.
Support: 157.668
Resistance: 157.783, 157.984, 158.498
What it said to watch
M15 close back above the 157.78 Asian low turns the break into a false break
Failure to hold the 157.67 session low extends the lower-low chain
Close above the 157.98 bounce high breaks the lower-highs trendline from 158.50
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could move the yen during the Asia session
NFP Fri 13:30 UTC (f/c 65K) could materially shift this read
NY reversal from London high, lower highs below 157.98.
London's push above the Asian high stalled at the 158.50 london high, a false break that NY hours fully reversed, cutting through the 157.78 asian low to a 157.69 session low. The rebound capped at the 157.98 bounce high and has rolled over under descending highs, with price back at the lows, RSI(14) near 26 and ATR around 14 pips. The selling ran against the firmer USD tone in today's US data.
Support: 157.69, 157.39
Resistance: 157.78, 157.98, 158.50
What it said to watch
M15 close below the 157.69 session low confirms a lower-low and opens the 157.39 weekly low
Recovery back above the 157.78 asian low, then the 157.98 bounce high, breaks the descending highs
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could shift this read during the Asia session
US NFP Fri 13:30 UTC is the larger event risk for the session range
Lower high at 157.98 after NY break of the Asian low.
USD/JPY was sold from the 158.50 London high to a 157.69 NY low in the first hours of NY, despite the claims beat, and undercut the 157.78 Asian low. The bounce stalled at a lower high of 157.98, just under the 38.2% retrace, and price is back at the Asian low after London close. RSI(14) is near 29 and ATR is about 12 pips.
Support: 157.783, 157.686
Resistance: 157.984, 158.499
What it said to watch
M15 close below the 157.69 NY low confirms a fresh lower-low and the break of UOB's 157.70 band floor
M15 close back above the 157.98 lower high and the 38.2% fib breaks the NY downtrend sequence
Recovery toward the 158.50 London high would neutralise the NY sell-off
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) could shift the Asia-session read
London high rejected, Asian low swept then reclaimed.
NY session reversed the entire London rally, which had tracked the data-led USD rebound, with an 80-pip slide from the 158.50 London high. The slide swept the 157.78 Asian low to a 157.69 NY low before closing back above it. Price is holding near 157.95 below the 38.2% fib and a lower high at 158.07, with RSI(14) around 33 after dipping toward oversold.
Support: 157.783, 157.686
Resistance: 158.07, 158.499
What it said to watch
M15 close back below the 157.69 ny low confirms the sweep as a breakdown rather than a false break
Reclaim of the 158.07 lower high and the 38.2%–50% fib (158.00–158.09) would neutralise the sell-off read
158.50 london high, a twice-tested cap, remains the upper boundary of the 24h range
Japan Labor Cash Earnings at 23:30 GMT (f/c 3.8%) is the next scheduled JPY risk
US NFP Fri 13:30 UTC and Williams at 09:30 UTC could reset the intraday structure
NY reversal of London rally; lower highs since 158.50.
The London rally off the Asian base stalled after three tests of the 158.50 session high. The NY reversal then broke the 158.39 neckline and swept the 157.78 Asian low to a 157.69 session low before price closed back above it. RSI(14) near 23 is oversold, and the 158.00 round number sits at the 38.2% level of the NY sell-off fib.
Support: 157.783, 157.686
Resistance: 158.00, 158.499
What it said to watch
An M15 close back above the 158.00 round number would mark the first recovery of the NY sell-off fib
Acceptance below the 157.69 session low confirms a lower-low beneath the asian low and the 157.70 range floor
Reclaiming the 158.39 neckline negates the triple top read
Japan Labor Cash Earnings at 23:30 UTC (f/c 3.8%) could materially shift this read
NY session rejected the 158.50 session high for a third time and dropped about 60 pips in four bars, unwinding most of the London advance off the 157.78 Asian low despite the firm US claims print. Price is holding the 157.88 NY low near the 78.6% fib of that leg, with RSI(14) near 29 and ATR expanded to about 11 pips.
Support: 157.88, 157.78
Resistance: 158.15, 158.50
What it said to watch
M15 close below the 157.78 Asian low breaks the day's double base and exits the London-NY range
Recovery back above the 158.15 London base would mark the drop as a spike rather than a trend change
Japan Labor Cash Earnings at 23:30 UTC can shift the Asian range; Ueda and NFP on Friday follow
London leg up rejected at 158.50 range top; NY drop back toward the Asian lows.
Three tests of the 158.50 range top between 12:30 and 14:15 UTC failed. Price then dropped about 55 pips in 45 minutes of NY hours to a 157.94 NY low, retracing roughly 78% of the climb from the 157.78 Asian low and fully unwinding the claims-led USD recovery. Price is now sitting on the 158.00 round number with RSI(14) near 34, and ATR has expanded to about 10 pips.
Support: 158.00, 157.94, 157.78
Resistance: 158.24, 158.50
What it said to watch
Failure to hold the 157.94 NY low exposes the 157.78 Asian low, then the 157.70 base of the UOB range
Recovery above 158.24, the breakdown bar close, would neutralise the NY rejection; the 158.50 range top has capped three times
Japan Labor Cash Earnings at 23:30 UTC (f/c 3.8%) could shift this read during the Asia session
Double top at 158.50, neckline lost, retracing London rally.
After the London rally off the 157.78 Asian low on firm US labour data, NY rejected 158.50 twice. The double top broke its 158.39 neckline in two ~29-pip bars, reaching a 157.98 NY low just past the 61.8% retrace. Price is steadying near the 50% level at 158.14, and RSI(14) has cooled to about 35.
Support: 157.98, 157.87, 157.78
Resistance: 158.21, 158.39, 158.50
What it said to watch
Failure to hold the 157.98 ny low exposes the 157.87 london base and the 157.78 asian low, which is also the session low
Recovery through the 38.2% fib at 158.21 and back above the 158.39 neckline negates the double top read
Japan Labor Cash Earnings at 23:30 UTC could materially shift this read, with Ueda and NFP risk following Friday
Repeated cap at 158.50 session high, drop to 38.2% fib.
London took out the Asian range high near 158.43 and climbed to a 158.50 session high, which capped four tests through the post-claims NY open. A 29-pip drop at 14:30 UTC then printed a 158.21 spike low. Price is now holding at the 38.2% fib of the 157.78–158.50 rally off the asian low, below EMA20 and just under EMA50, with RSI(14) back near 44.
Support: 158.21, 158.14, 157.78
Resistance: 158.39, 158.50, 158.67
What it said to watch
M15 close below the 158.21 spike low exposes the 50% fib at 158.14
Failure at 158.14 puts the 157.78 asian low back in play
Recovery above the 158.39 prior floor reopens the 158.50 session high; a break there opens the path to the 158.67 prior high
Japan Labor Cash Earnings at 23:30 UTC, then Ueda and US NFP on Friday, could materially shift this read
14:46 UTC
Uptrend, pressing session high · RSI 64 · price 158.497
HH/HL chain from 157.78 Asian low; above Asian range high.
The rally from the 157.78 Asian-session low has broken the Asian high at 158.43 and is now pressing the 158.50 session high in the first hour of NY, as USD recovers on firm US data. The dip to the 158.385 data low after the 13:30 GMT claims/productivity beat was absorbed, and the higher-low trendline from the 158.32 swing low remains intact. RSI(14) at 64 is warm but not stretched, and ATR(14) is near 6 pips.
Support: 158.43, 158.385, 158.323
Resistance: 158.50, 158.559, 158.67
What it said to watch
M15 close above the 158.56 prior high opens the 158.67 prior-day high (prior-day hi)
Slip back below the 158.43 Asian high turns the breakout into a false break
Loss of the 158.385 data low and the 158.32 swing low breaks the HL trendline and the higher-low chain; the 38.2% rally fib sits near 158.23
Japan Labor Cash Earnings at 23:30 UTC and Friday's NFP/Ueda could materially shift this read
HH/HL recovery from Asian low, now compressing under 158.50.
USDJPY has fully retraced the Asia-session drop to 157.78 that followed the hawkish BoJ minutes. Price climbed in a HH/HL chain through London as beats on US claims (189K) and productivity lifted USD. Early NY the advance has stalled, with the 158.50 session high capping three times since 12:30 UTC while the 158.39 swing low and a rising support line hold underneath; RSI(14) near 64 is not stretched.
Support: 158.39, 158.32, 158.14
Resistance: 158.50, 158.67
What it said to watch
A close above the 158.50 session high opens the path to the 158.67 prior high from yesterday's NY session.
Failure to hold the 158.39 swing low and the rising support line exposes the 158.32 pullback low, then the 158.14 fib 50% of the Asia-to-NY leg.
Japan Labor Cash Earnings at 23:30 UTC, then Ueda and US NFP on Friday, could materially shift this read.
Higher lows from the Asia low, highs flattening under 158.50.
The rebound from the 157.78 Asia low began at London open and extended on firmer US data (claims 189K), building a higher-low chain through the 158.32 swing low. NY session has twice been capped at the 158.50 session high, with a rejection back to 158.40. RSI(14) near 54 shows momentum cooling, not stretched.
Support: 158.32, 158.12, 157.78
Resistance: 158.50, 158.67
What it said to watch
M15 close above the 158.50 session high opens the 158.67 prior high from yesterday's NY session
Break below the 158.32 swing low (23.6% of the rebound) ends the higher-low chain and exposes the 158.12 london base
A move back toward the 157.78 asia low would negate the London rebound
Japan Labor Cash Earnings at 23:30 UTC and Friday's NFP could materially shift this read
14:01 UTC
Uptrend from Asian low, stalling below session high · RSI 54 · price 158.415
Higher-low chain since 157.78; tight 158.32–158.50 range in early NY.
The London rally fully retraced the Asian slide to 157.78 as USD recovered on firm data (claims 189K, productivity beat). It has since stalled. Two rejections at the 158.50 session high in the first hour of NY have the pair rotating near the ema20, with the ny low at 158.39 and the 158.32 swing low still holding the higher-low chain. RSI(14) is neutral near 54.
Support: 158.323, 158.226
Resistance: 158.499, 158.67
What it said to watch
M15 close above the 158.50 session high opens the 158.67 prior high from Wednesday's NY session
Break of the 158.32 swing low ends the higher-low chain and exposes fib 38.2 at 158.23
Japan Labor Cash Earnings (23:30 UTC), Ueda and US NFP on Friday could materially shift this read
13:46 UTC
Uptrend from Asia low, momentum flattening · RSI 63 · price 158.44
Higher lows below a 158.50 cap, consolidating above Asian range high.
The Asia-session drop to 157.78 on the hawkish BoJ minutes and lower US yields has fully reversed as USD recovered into the London open. Price is back above the Asian range high near 158.43, with higher lows at the 158.32 swing low and the 158.40 higher low. Supply has capped the 158.50 session high twice since 12:30 GMT. The London base at 158.12 sits near the 38.2% retracement of the move.
Support: 158.40, 158.32, 158.12
Resistance: 158.50, 158.67
What it said to watch
US Jobless Claims (13:30 GMT) land on the current bar and Fed's Hammack speaks at 13:50 GMT; either could materially shift this read
An M15 close above the 158.50 session high opens the 158.67 prior high from yesterday's NY session
Failure to hold the 158.32 swing low breaks the higher-low chain and exposes the 158.12 london base near the 38.2% fib
A slip back below the 158.40 higher low would put price back inside the Asian range
Higher-low chain from the Asian low, Asian high broken and being retested.
USD/JPY recovered from the 157.78 Asian low as the post-midterm dollar sell-off faded. Through London it built a higher-low chain off the 158.12 london base, clearing the 158.43 asian high and printing a 158.50 session high. Into the NY open, price is holding just above that broken Asian high with RSI(14) near 66, firm but not stretched.
Support: 158.43, 158.32, 158.12
Resistance: 158.50, 158.67
What it said to watch
M15 close back below the 158.43 asian high puts the breakout in question; loss of the 158.32 swing low breaks the London higher-low chain and the london trend line
Close above the 158.50 session high opens the 158.67 prior high set during Wednesday's NY session
Below the swing low, the 38.2% fib retracement (~158.22) and the 158.12 london base are the next reference points
US jobless claims at 13:30 GMT and Fed's Hammack at 13:50 GMT land at the NY open and could materially shift this read
13:01 UTC
Uptrend, steady higher lows since London open · RSI 70 · price 158.46
HH/HL chain off the 157.78 Asian low, pressing the 158.50 session high.
The Asian-session slide to 157.78, driven by the hawkish BoJ minutes and lower yields, was fully reversed from London open as USD recovered on the US-data focus. The pair has printed a clean higher-low trendline into the 158.50 session high late in London, with RSI(14) near 70. The prior swing at 158.56 and yesterday's 158.67 prior high sit just above.
Support: 158.32, 158.14
Resistance: 158.50, 158.56, 158.67
What it said to watch
US Initial Jobless Claims and Unit Labor Costs at 13:30 GMT, then Fed's Hammack at 13:50 GMT, could materially shift this read at the NY open
M15 close below the 158.32 swing low breaks the higher-low trendline and the London HL chain
Close above 158.67 prior high clears yesterday's range; failure at 158.50–158.56 marks a rejection at the session high/prior swing
Deeper pullback would bring the 158.14 fib 50% of the Asian-low rally into view
HH/HL chain off the 157.78 Asian low, now pressing the session high.
Asia sold off to a 157.78 session low on the hawkish BoJ minutes and lower US yields. London retraced the entire drop with a steady HH/HL climb as USD recovered on solid data, and price is now pressing 158.43, the session high and the Asian open. RSI(14) is near 69 and bar ranges are compressing into the test.
Support: 158.32, 158.20, 157.78
Resistance: 158.43, 158.56, 158.67
What it said to watch
An M15 close above the 158.43 session high exposes the 158.56 NY swing high, then the 158.67 prior high
A break of the 158.32 swing low and the London higher lows trendline ends the HH/HL chain; 158.20 higher low is next
Failure at 158.20 reopens the London rally fib zone toward the 157.78 session low
US Initial Jobless Claims and Unit Labor Costs at 13:30 GMT, then Fed's Hammack at 13:50 GMT, could materially shift this read
12:31 UTC
Uptrend, stalling at the Asian high · RSI 68 · price 158.413
HH/HL chain since London open, capped near 158.43.
London open lifted the pair off the 157.78 asian low as the post-midterm USD sell-off faded, building a higher-low chain to 158.43. Late London has stalled three times at the asian high (158.43), and the 158.32 pullback low is holding; RSI(14) near 68 shows momentum cooling rather than stretched.
Support: 158.323, 158.197, 157.783
Resistance: 158.428, 158.559, 158.67
What it said to watch
M15 close above the 158.43 asian high opens the 158.56 swing high, then the 158.67 prior high
Loss of the 158.32 pullback low and the rally trendline would break the HL chain toward the 158.20 higher low
US Jobless Claims and Unit Labor Costs at 13:30 GMT, then Fed's Hammack at 13:50, could materially shift this read during the first hour of NY
12:16 UTC
Intraday uptrend, stalling at Asian high · RSI 65 · price 158.381
London higher-low chain off 157.78, capped just under 158.43.
Asia sold off from the 158.43 Asian high to a 157.78 Asia low as the USD extended its post-midterm slide. London has retraced the entire drop as the dollar pared losses, printing higher lows along a rising trendline. Price is now mid-London and pausing just under 158.43, with a wick rejection on the 11:45 bar and RSI(14) near 64.
Support: 158.32, 158.00, 157.78
Resistance: 158.43, 158.56, 158.67
What it said to watch
M15 close above the asian high at 158.43 opens the ny swing hi at 158.56, then the prior high at 158.67
A break of the London trendline and the 158.32 london dip shifts focus to the 38.2% fib near 158.18 and the 158.00 round number
Loss of 158.00 puts the 157.78 asia low back in play
US Jobless Claims and Unit Labor Costs at 13:30 GMT, followed by Fed's Hammack at 13:50, could materially shift this read into the NY open
V-recovery of Asia drop; higher-low chain intact since 07:00 UTC.
The Asia-session slide to 157.78 on post-midterm USD softness has been fully retraced since 07:00 UTC as the dollar pared losses in European trade, with rising lows stepping up to the 158.32 pullback low. Price was rejected twice at the 158.415 session high mid-London. ATR(14) near 6 pips leaves the range compressed into the NY open.
Support: 158.32, 158.20, 158.00
Resistance: 158.415, 158.56, 158.67
What it said to watch
M15 close above the 158.415 session high opens the 158.56 prior swing and the 158.67 prior high
Break of the rising lows and the 158.32 pullback low shifts focus to the 158.20 swing low and the 158.00 pivot
US Initial Jobless Claims and Unit Labor Costs at 13:30 GMT, then Fed's Hammack at 13:50, could materially shift this read
11:46 UTC
London recovery, momentum stalling · RSI 66 · price 158.358
Higher lows from 157.78; capped below Asian high.
Soft USD and the hawkish BoJ Minutes drove Asia down to the 157.783 asian low. London has since retraced the move with a higher-low chain, but price is stalling at 158.415, just under the 158.43 asian high. RSI(14) is cooling from the mid-60s and ATR(14) is near 6 pips, with the BoE decision at 12:00 GMT.
Support: 158.283, 158.197, 157.783
Resistance: 158.43, 158.559
What it said to watch
M15 close above the 158.43 asian high opens the 158.559 prior high from Wednesday's NY session
Failure to hold the 158.283 higher low breaks the London HH/HL chain; 158.197 swing low is next
US Initial Jobless Claims and Unit Labor Costs at 13:30 GMT, then Hammack at 13:50 GMT, could materially shift this read
Holding the 50% retracement of the London recovery near 158.10 keeps the higher-low structure intact on any pullback
11:31 UTC
Intraday uptrend from the Asian low, stalling · RSI 62 · price 158.351
London HH/HL chain capped just under the Asian high.
London has retraced most of the Asian slide from 157.78 as the dollar firmed in European trade. The higher-high, higher-low chain stalled twice at 158.415, just under the 158.43 Asian high. The last two bars slipped beneath the trendline from the Asian low, with RSI(14) cooling to about 62 during the late-London stretch.
Support: 158.28, 158.12, 158.00
Resistance: 158.43, 158.56, 158.67
What it said to watch
An M15 close above the 158.43 Asian high exposes the 158.56 swing high, then yesterday's 158.67 NY high.
A close below the 158.28 higher low breaks the London HH/HL chain. The 38.2% fib near 158.17, the 158.12 pullback low and the 158.00 round number sit beneath.
BoE at 12:00 GMT, US Initial Jobless Claims at 13:30 GMT and Fed's Hammack at 13:50 GMT could materially shift this read.
11:16 UTC
Intraday uptrend, momentum flattening near session high · RSI 72 · price 158.375
London HH/HL climb off the Asian low, stalling at 158.415.
Asia session slid to a 157.78 Asian low after the hawkish BoJ minutes. London reversed the whole move with a clean higher-low chain off the rising line to a 158.415 session high, and price now sits back in yesterday's late-NY 158.40–158.55 congestion with RSI(14) near 72 and bars narrowing.
Support: 158.28, 158.12, 157.78
Resistance: 158.415, 158.56, 158.67
What it said to watch
M15 close above the 158.415 session high puts the 158.56 prior swing and 158.67 prior high in play
Close below the 158.28 higher low breaks the London rising line and exposes the 158.12 pullback low near the 50% fib
Loss of 158.12 shifts focus back to the 157.78 Asian low
US Jobless Claims 13:30 GMT and Fed's Hammack 13:50 GMT in the first hour of NY could materially shift this read
11:01 UTC
Intraday uptrend off Asian low, RSI warm · RSI 73 · price 158.408
Higher-low chain since London open, pressing Asian high.
The post-midterm USD sell-off took the pair to an Asian low of 157.78. London has since recovered it in a steady higher-low chain from the 158.10 london base, and price now sits under the 158.43 asian high with RSI(14) near 73. The move has retraced about 70% of the drop from yesterday's 158.67 prior high.
Support: 158.28, 158.10, 157.78
Resistance: 158.43, 158.56, 158.67
What it said to watch
M15 close above the 158.43 asian high opens the 158.56 swing high, then the 158.67 prior high
Break of the 158.28 higher low and the London trendline ends the higher-low chain, exposing the 158.10 london base
US Jobless Claims and Unit Labor Costs at 13:30 GMT, then Fed's Hammack at 13:50, could materially shift this read
Loss of 158.10 puts the 157.78 asian low back in focus
10:46 UTC
Intraday uptrend, pressing Asian high · RSI 69 · price 158.371
HH/HL chain since London open, recovering the Asian sell-off.
London session has unwound most of the Asian slide to the 157.78 asian low. A steady HH/HL chain along the London trendline has carried price to a 158.39 session high, just under the 158.43 asian high, with RSI(14) near 69. The move tracks the modest USD bounce in European trade after two days of post-midterm dollar selling; the latest higher low sits at 158.28.
Support: 158.28, 158.20, 157.78
Resistance: 158.43, 158.56, 158.67
What it said to watch
M15 close above the 158.43 asian high exposes the 158.56 prior high and yesterday's 158.67 NY high
Loss of the 158.28 higher low and the London trendline breaks the HH/HL chain; 158.20 swing low and the 38.2% of the London rally fib (~158.16) sit below
US jobless claims and unit labour costs at 13:30 GMT, plus Fed's Hammack at 13:50, could materially shift this read in the first hours of NY
10:31 UTC
Intraday uptrend off the Asian low · RSI 74 · price 158.329
Higher-low chain since London open, testing the upper half of the Asian range.
The Asia-session slide bottomed at the 157.78 Asian low. From London open, price has rebuilt a higher-low chain into the 158.35 London high as the dollar steadies off monthly lows. RSI(14) is near 74, warm but consistent with the trend, and the next cap is the 158.43 Asian high, with yesterday's NY prior high at 158.67 above.
Support: 158.20, 158.12, 157.78
Resistance: 158.35, 158.43, 158.67
What it said to watch
M15 close above the 158.43 Asian high leaves Asia's range behind and puts the 158.67 prior high in play
Loss of the 158.20 higher low breaks the London trendline; the 158.12 fib 38.2 of the rally is next
BoE at 12:00 GMT, then US Jobless Claims at 13:30 GMT and Fed's Hammack at 13:50 GMT could materially shift this read
Rejection at the 158.35 London high would point to a range forming below the Asian high
Asia sell-off reversed in London; grinding into the 158.35–158.43 zone.
Asia sold off after the hawkish BoJ Minutes and printed a double bottom at the 157.78 Asian low. The London open broke above 157.96 and set a higher-low chain, recovering about 55 pips. Price is mid-London at the 158.35 session high, just below the 158.43 Asian high, with RSI(14) near 69 and momentum flattening.
Support: 158.197, 157.965, 157.783
Resistance: 158.348, 158.428, 158.67
What it said to watch
M15 close above the 158.43 asian high puts the 158.67 prior high from yesterday's NY session in view
Loss of the 158.20 higher low breaks the London HH/HL chain and exposes the 157.96 breakout area and the 50% fib near 158.07
Failure back below 157.96 would void the double bottom and reopen the 157.78 asian low
BoE at 12:00 GMT and US Jobless Claims and Unit Labor Costs at 13:30 GMT could materially shift this read
10:02 UTC
Intraday recovery, higher lows into London · RSI 62 · price 158.302
The Asian-session slide from the 158.43 Asian high to the 157.78 Asian low, driven by USD weakness and hawkish BoJ Minutes, has been mostly retraced since a 07:15 GMT breakout above 158.00 started a higher-low chain along rising support. Two hours into London, price is pressing the 158.35 session high with RSI(14) near 62. The 158.20 swing low is the nearest underpin.
Support: 158.197, 158.10, 157.783
Resistance: 158.348, 158.428, 158.67
What it said to watch
M15 close above the 158.43 Asian high reclaims the full Asia sell-off and puts the 158.67 prior high in view
Break of rising support and the 158.20 swing low ends the higher-low chain, with the 158.10 breakout bar low and the 38.2% recovery fib next
Loss of 158.10 re-exposes the double bottom at the 157.78 Asian low
US Initial Jobless Claims (13:30 GMT) and Fed's Hammack (13:50 GMT) could shift this read at the NY open
09:46 UTC
Intraday recovery, higher lows since London open · RSI 67 · price 158.256
HH/HL chain off the Asian low, still inside the Asian range.
Hawkish BoJ Minutes and post-midterm USD weakness drove a 157.78–158.43 Asian range. London open broke back above the 158.00 round number with the early-Europe USD bounce, and the London leg has since printed higher lows up to a 158.29 session high. RSI(14) is near 67, and price is still capped below the 158.43 Asian high after retracing about three-quarters of the Asian drop.
Support: 158.197, 158.00, 157.783
Resistance: 158.293, 158.428, 158.67
What it said to watch
M15 close below the 158.20 higher low breaks the London HH/HL chain; 158.00 round number is the breakout level beneath
Acceptance above the 158.29 session high exposes the 158.43 Asian high, then the 158.67 prior high from the NY session
Failure to hold 158.00 reopens the 157.78 Asian low
US Jobless Claims and Unit Labor Costs at 13:30 UTC, plus Hammack at 13:50 UTC, could materially shift this read
09:16 UTC
Intraday rebound, higher lows since London open · RSI 64 · price 158.254
Asia double bottom, London breakout above 158.00, HH/HL chain.
London open reversed the Asia slide. A double bottom at 157.78/157.79 gave way to a breakout through the 158.00 round number in the first London bar, in step with the early-Europe USD bounce. Higher lows at the 158.12 pullback low and 158.20 now carry price into the 78.6% fib of the Asia drop near 158.29, with RSI(14) at ~64 and not stretched.
Support: 158.12, 158.00, 157.78
Resistance: 158.29, 158.43, 158.67
What it said to watch
M15 close above the 158.29 78.6% fib exposes the 158.43 asia high, then yesterday's ny high at 158.67
Close below rising support and the 158.12 pullback low breaks the London higher-low chain
Loss of the 158.00 round number reopens the 157.78 asia low
US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50 UTC, could materially shift this read
09:01 UTC
Intraday rebound, higher lows since London open · RSI 67 · price 158.227
Asian range 157.78–158.00 broken higher; 61.8% of Asia sell-off reclaimed.
Asia sold off from the 158.43 asia open high to 157.78 on broad USD weakness. Price then held a 157.78–158.00 range until London open broke the round number, lifting price back above the 61.8% retracement of the Asia sell-off near 158.18. The 158.27 session high is capping for now, while the 158.10–158.12 London lows mark the higher-low base; RSI(14) is near 67.
Support: 158.10, 158.00, 157.78
Resistance: 158.27, 158.43, 158.67
What it said to watch
Failure to hold the 158.10 london low puts the 158.00 round number breakout level back in play
M15 close back below 158.00 returns price to the Asian range toward the 157.78 asian low
Close above the 158.27 session high opens the path to 158.43, with the prior high at 158.67 beyond
US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50, could shift this read during NY hours
Japan Labor Cash Earnings at 23:30 UTC is overnight JPY risk
08:46 UTC
Rebound off Asia low, higher lows building · RSI 60 · price 158.243
London break above Asia basing range; higher lows from 157.78.
USDJPY slid from the 158.43 Asian high to a 157.78 Asian low on broad USD weakness after the midterm sweep, then based twice near 157.78–157.79. London open broke the 157.83–158.00 range top and reclaimed the 61.8% retrace of the Asia drop near 158.18. Price is pressing the session high at 158.24 with a london low at 158.10, RSI(14) near 60.
Support: 158.10, 158.00, 157.78
Resistance: 158.43, 158.67
What it said to watch
M15 close back below the 158.10 london low and 158.00 range top would turn the London breakout into a false break
Acceptance above the 158.43 asian high puts the 158.67 prior high in play
Loss of the 157.78 asian low invalidates the double bottom read
US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack at 13:50 UTC, could materially shift this read
08:16 UTC
Asia downtrend reversing, early London rebound · RSI 64 · price 158.184
Double bottom at 157.78 broken above 158.00 range top, higher lows since.
Early Asia slid from the 158.43 Asia high to the 157.78 Asian low on a heavy USD and hawkish BoJ minutes. Price then built a double bottom and broke the 158.00 range top at the London open. It is now pressing the 158.20 session high, which sits on the 61.8% fib of that drop. RSI(14) ~64, not stretched; ATR ~10 pips.
Support: 158.00, 157.78
Resistance: 158.20, 158.43, 158.67
What it said to watch
M15 close above the 158.20 session high and 61.8% fib opens the 158.43 Asia high, then the 158.67 prior high
Return below the 158.00 range top negates the breakout; losing the higher-low trendline exposes the 157.78 Asian low
US Jobless Claims at 13:30 GMT and Fed's Hammack at 13:50 GMT could materially shift this read
Lower highs from 158.67; Asian 157.78–158.00 range broken higher.
The 88-pip slide from the 158.67 NY high to the 157.78 Asian low, driven by post-midterm USD weakness and the hawkish BoJ minutes, paused in a tight Asian range. Early European hours broke the 158.00 Asian top and set a 158.17 session high at the 38.2% retrace. The fib 50% at 158.23 and the lower highs line sit just above.
Support: 158.00, 157.78
Resistance: 158.17, 158.23, 158.43
What it said to watch
M15 close back below the 158.00 Asian top would turn the move into a false break inside the 157.78–158.00 range.
Acceptance above the 158.17 session high and the 158.23 fib 50% / lower highs line breaks the lower-high chain, with the 158.43 lower high next.
Failure at the 157.78 Asian low extends the downtrend sequence.
US Jobless Claims at 13:30 GMT and Fed's Hammack at 13:50 GMT could materially shift this read.
07:46 UTC
Downtrend, London bounce testing it · RSI 55 · price 158.139
Asian lower highs; double bottom at 157.78 broke above 158.00.
Asia extended the post-midterm USD slide from the 158.43 Asian high to a 157.78 session low, with hawkish BoJ minutes adding yen support. A double bottom at 157.78/157.79 resolved at the London open with a push back above the 158 pivot to a 158.155 London high. Price now sits between the 50% and 61.8% fib of the Asian drop. RSI(14) is neutral at 55 and ATR is about 11 pips.
Support: 157.783
Resistance: 158.155, 158.18, 158.428
What it said to watch
A close back below the 158 pivot unwinds the double bottom breakout and reopens the 157.78 session low
Acceptance above the London high and the 61.8% fib at 158.18 exposes the 158.43 Asian high
A break of the rising lows line from 157.78 returns structure to the Asian downtrend
US jobless claims and unit labor costs at 13:30 UTC, then Fed's Hammack at 13:50 UTC, could materially shift this read
07:16 UTC
Downtrend, pausing into London open · price 157.893
Asian sell-off leg, now a tight 157.78–158.00 box with higher lows.
Asia lower highs, tight 157.78–158.00 coil under round number.
Asia sold USDJPY from 158.43 to a 157.78 session low as post-midterm USD softness and haven yen demand followed through. Price has since coiled in a 157.78–158.00 band, with the round number capping four tests and rising lows building underneath. RSI(14) sits near 47 and ATR is about 10 pips into London open.
Support: 157.86, 157.78
Resistance: 158.00, 158.11, 158.14
What it said to watch
M15 close above the 158.00 round number opens the 158.11 fib 50% and the 158.14 lower high
Loss of the rising lows near 157.86 and then the 157.78 session low resumes the Asia selloff leg
BoE at 12:00 UTC, US jobless claims at 13:30 UTC and Fed's Hammack at 13:50 UTC could materially shift this read
06:46 UTC
Downtrend, basing near lows · RSI 45 · price 157.917
Asia selloff to 157.78 then a tight 157.78–158.00 base; lower highs intact.
Asia session took USDJPY from the 158.43 Asian high to a 157.78 session low, breaking through yesterday's 158.00 area lows as hawkish BoJ minutes and a post-midterm softer USD lifted the yen. Since 04:15 UTC price has based between 157.78 and the 158.00 round number, capped below the 38.2% of the Asia selloff fib. RSI(14) sits near 45 with price under EMA20 heading into London open.
Support: 157.86, 157.78
Resistance: 158.00, 158.14, 158.43
What it said to watch
A close back above the 158.00 round number (38.2% of the Asia selloff fib) would turn the twin 157.78/157.79 lows into a base and expose the 158.14 bounce high
Failure to hold the 157.86 spike low and then the 157.78 session low resumes the lower-low sequence
BoE at 12:00 UTC (cross-JPY), US Jobless Claims and Unit Labor Costs at 13:30 UTC and Fed's Hammack at 13:50 UTC could materially shift this read
The Asia session sold off from 158.43 and broke the prior low at 158.17. It printed an Asian low at 157.78 as the hawkish BoJ minutes and broad USD weakness weighed. Into London open, price is basing between 157.78 and the 158.00 round number, with lower highs capped by the descending line from the 158.14 swing high.
Support: 157.78
Resistance: 158.00, 158.14, 158.17
What it said to watch
An M15 close above the 158.00 round number and the descending line would make the 157.78/157.79 lows a double bottom. That opens the 158.14 swing high and the 158.17 prior low, which sits near the 61.8% fib.
Failure to hold the 157.78 Asian low extends the lower-low sequence, with 157.39 the next level flagged.
BoE at 12:00 UTC (cross-JPY) and US Jobless Claims at 13:30 UTC could shift this read during the London and NY sessions.
06:01 UTC
Downtrend, basing at the Asia low · RSI 44 · price 157.906
Lower highs under a falling trendline; double test of 157.78–157.79 swing low.
Yen firmed through the Asia session on the hawkish BoJ minutes and a soft USD, taking the pair from the 158.43 Asia open through 158.00 to a 157.78 Asia low. The Asia low has held on two tests while the 158.00 round number capped the bounce, leaving a tight base under the falling trendline into London open, with RSI(14) neutral near 44.
Support: 157.78
Resistance: 158.00, 158.14, 158.43
What it said to watch
M15 close below the 157.78 Asia low extends the lower-low chain
Close above the 158.00 round number and the falling trendline breaks the lower-high sequence, with 158.14 lower high next
US Jobless Claims at 13:30 UTC could shift the read; BoE at 12:00 GMT may move JPY crosses
Reclaim of the 158.43 Asia open would unwind the whole Asia-session decline
05:46 UTC
Downtrend, compressing near lows · RSI 37 · price 157.857
Lower highs from 158.43 Asian high; base 157.78–158.00.
The Asia session broke down from the 158.43 Asian high after the hawkish BoJ minutes. Each bounce since has formed a lower high, with the last one capped at 158.00. Late in Asia, price is compressing just above the 157.78 session low with RSI(14) near 37, and London has yet to open.
Support: 157.783, 157.40
Resistance: 158.00, 158.138, 158.428
What it said to watch
M15 close below the 157.78 session low extends the lower-low chain toward the 157.40 weekly low
Close above the 158.00 lower high and the 158.14 swing high breaks the descending trendline and reclaims the 38.2–50% fib of the Asian drop
London open could stretch the Asian range; 158.43 Asian high marks the top of today's structure
US Jobless Claims at 13:30 UTC and Fed's Hammack at 13:50 UTC could materially shift this read
Asia session sold off from the 158.43 asia high as the hawkish BoJ minutes landed, breaking the prior day's 157.88 low and printing a session low at 157.78. Lower highs at 158.14 and the 158.00 round number keep the sequence pointing down. The latest bounce stalled near the 38.2% of the Asia selloff fib, with RSI(14) near 37, cooled but not oversold.
Support: 157.78, 157.40
Resistance: 158.00, 158.14, 158.43
What it said to watch
M15 close above the 158.00 round number and the lower-high trendline breaks the Asia downtrend sequence
Close above the 158.14 lower high neutralises the selloff structure
Failure to hold the 157.78 session low extends the lower-low chain toward the 157.40 weekly low
US Initial Jobless Claims and Unit Labor Costs Thu 13:30 UTC could materially shift this read
Japan Labor Cash Earnings Thu 23:30 UTC is the next JPY-specific risk
Lower highs and lower lows through Asia session, small bounce off session low.
Late Asia session: USDJPY has slid from the 158.43 Asia high to a 157.78 session low on the hawkish BoJ minutes and a softer USD, printing a clean lower-high chain. The bounce met rejection at the 158.00 round number, right on the lower-highs trendline, and RSI(14) sits near 33, soft but not stretched.
Support: 157.78, 157.40
Resistance: 158.00, 158.14, 158.43
What it said to watch
M15 close above the 158.14 lower high breaks the lower-highs sequence and the trendline
Failure to hold the 157.78 session low extends the move toward the 157.40 weekly low
London open around 07:00 UTC typically expands the Asian range; ATR near 9 pips
US Initial Jobless Claims and Unit Labor Costs at 13:30 UTC could materially shift this read
Retracement above 158.23, the 50% of the NY high-to-Asia low fib, undermines the downtrend read
Lower highs from 158.43 asia high; 157.78 session low marginally undercut prior low.
The Asia session unwound from the 158.43 asia high through 158.00 on the hawkish BoJ Minutes and soft USD, with the 158.14 lower high and successive bounces capped below the round number. The 157.78 session low briefly undercut yesterday's 157.81 prior low before a late-Asia bounce toward 157.95, still below EMA20 with RSI(14) near 39.
Support: 157.81, 157.78
Resistance: 158.00, 158.14, 158.43
What it said to watch
M15 close back above the 158.00 round number and the 38.2% asia fib near 158.03 tests the 158.14 lower high; a break there ends the lower-high sequence
Failure to hold the 157.78 session low resumes the decline toward the 157.40 weekly low cited in the digest
158.43 asia high remains the top of today's session range
London open and US Initial Jobless Claims at 13:30 UTC could materially shift this read
04:46 UTC
Downtrend, grinding lower through late Asia · RSI 34 · price 157.844
Lower highs and lower lows since the Asia open, below 158.00.
Asia session broke below yesterday's 158.17–158.67 range after the hawkish BoJ Minutes and a heavy USD, slicing the 158.00 round number from the 158.43 asia high. Each bounce has capped lower, at the 158.14 lower high and then near 158.00, and price now sits just above a fresh 157.78 session low with RSI(14) near 34, soft but not oversold.
Support: 157.78, 157.53
Resistance: 158.00, 158.14, 158.43
What it said to watch
M15 close back above the 158.00 round number and the descending lower-high trendline breaks the lower-high chain
Retrace into 158.03–158.11 (38.2–50% of the asia drop fib) is the first area to watch for rejection
Failure to hold the 157.78 session low exposes the 157.53 prior low from yesterday's early session
US Jobless Claims and Fed's Hammack in the first hour of NY could materially shift this read
Lower highs and lower lows from the 158.67 day high; Asia broke below 158.00.
Asia session took out the 158.17 NY low and the 158.00 round number, extending the lower-low chain from yesterday's 158.67 day high to a fresh session low at 157.83. Post-midterm USD selling and the hawkish BoJ Minutes are behind the move. The only bounce stalled at the 158.14 lower high, and RSI(14) is near 27, soft but not yet extreme.
Support: 157.83, 157.40
Resistance: 158.00, 158.14, 158.17
What it said to watch
Failure to hold the 157.83 session low extends the lower-low chain toward the 157.40 weekly low
Close back above the 158.00 round number and the 158.14 lower high neutralises the Asia breakdown
Rejection inside the day high fib 38.2–50% zone (158.15–158.25, near the ny low) keeps the downtrend structure intact
US jobless claims at 13:30 UTC and Fed's Hammack at 13:50 UTC could reset the intraday read
Tokyo session dropped from the 158.43 asia high to 157.86, extending yesterday's NY slide from 158.67 as hawkish BoJ Minutes and post-midterm USD weakness weighed. The bounce stalled at the 50% fib near 158.14. Price has since compressed in a 157.87–158.00 band just under the 158.00 round number, with RSI(14) near 23.
Support: 157.86, 157.40
Resistance: 158.00, 158.14, 158.43
What it said to watch
A break below the 157.86 asia low extends the Tokyo leg toward the 157.40 prior low, which is also the weekly low
An M15 close back above the 158.00 round number and the 50% fib at 158.14 would turn the read from compression to retracement
US Jobless Claims and Unit Labor Costs at 13:30 UTC, followed by Fed's Hammack, could materially shift this read
Tokyo sell-off broke below prior-day range; compressing under 158.00.
The hawkish BoJ Minutes drove a Tokyo-open sell-off from the 158.43 asian high through 158.00 and the prior NY low near 158.17, printing a session low at 157.86 before stalling. Price is now compressing in a tight 157.86–158.00 band below the round number. The bounce high at 158.14 sits on the 50% of the asian drop fib, and RSI(14) is near 31.
Support: 157.86, 157.40
Resistance: 158.00, 158.14, 158.43
What it said to watch
M15 close back above the 158.00 round number shifts the read toward a retest of the 158.14 bounce high / 50% fib
Failure to hold the 157.86 session low confirms a lower-low and exposes the prior low at 157.40, the Nov 4 Asia low and 50-day area
Recovery above the 158.43 asian high would negate the Tokyo sell-off structure
US Jobless Claims at 13:30 UTC and Japan Labor Cash Earnings at 23:30 UTC could materially shift this read
Lower highs and lower lows since yesterday's NY high, basing above Asia session low.
Asia broke the NY low at 158.17 and the 158.00 round number after the hawkish BoJ Minutes, printing a 157.86 session low. The bounce stalled at a 158.14 lower high, and price is now compressing just above the session low with RSI(14) near 29.
Support: 157.86, 157.40
Resistance: 158.00, 158.14, 158.17
What it said to watch
A close back above 158.17 (NY low and 38.2 fib of the 158.67–157.86 drop) neutralises the Asia breakdown
A break of the 157.86 session low extends the lower-low chain toward yesterday's 157.40 prior low
Holding below the 158.00 round number and the 158.14 lower high keeps the lower-high sequence intact
US Initial Jobless Claims at 13:30 UTC and Japan Labor Cash Earnings at 23:30 UTC could materially shift this read
Lower highs and lower lows since Tokyo open, holding just above the session low.
Tokyo sold off from the 158.43 session high after the hawkish BoJ Minutes and a weak USD. The pair broke the 158.00 round number to a 157.855 session low. The bounce stalled at 158.14, roughly the 50% retrace, forming a lower high, and RSI(14) sits near 22 with price pinned just above the lows.
Support: 157.855, 157.397
Resistance: 158.00, 158.138, 158.428
What it said to watch
Failure to hold the 157.855 session low extends the lower-low sequence toward the 157.397 weekly low
M15 close back above the 158.00 round number and the 158.14 lower high invalidates the intraday downtrend read
US Initial Jobless Claims and Unit Labor Costs at 13:30 UTC could materially shift this read; Japan Labor Cash Earnings follow at 23:30 UTC
03:01 UTC
Downtrend, Asia selling pausing near 158.00 · RSI 27 · price 157.957
Lower high at 158.14 below the 158.43 session high; session low 157.86 holding.
Asia session sold off from the 158.43 session high after the hawkish BoJ Minutes. The move broke the prior NY low near 158.17 and printed a 157.86 session low. The bounce faded at 158.14, the 50% retracement, leaving a lower high, and price now sits just under 158.00 with RSI(14) near 27.
Support: 157.86, 157.40
Resistance: 158.14, 158.43, 158.67
What it said to watch
Break of the 157.86 session low extends the lower-low sequence toward the 157.40 prior low (50-day SMA zone)
M15 close above the 158.14 lower high negates the sell-off structure and reopens 158.43
Prior high at 158.67 near the 200-day SMA caps the 24h range
US Jobless Claims (13:30 UTC) and Japan Labor Cash Earnings (23:30 UTC) could materially shift this read
Lower highs and lower lows through Tokyo session after breaking the late-NY range.
Asia session sold off from 158.43 to the 157.86 session low, breaking the 158.17 ny swing low as hawkish BoJ Minutes and softer US yields weighed. The bounce stalled at the 158.14 lower high near the 50% fib, and price is back near the lows with RSI(14) at 27, short of an extreme reading.
Support: 157.397
Resistance: 158.138, 158.168, 158.67
What it said to watch
A break of the 157.86 session low extends the lower-low chain toward the 157.40 prior low
A recovery above the 158.14 lower high and the 158.17 ny swing low neutralises the Tokyo downtrend read
The 158.67 prior high stays the range top unless price reclaims the 158.17 area first
US Jobless Claims and Fed's Hammack Thu 13:30–13:50 UTC could materially shift this read
02:31 UTC
Downtrend, Asia leg lower · RSI 28 · price 157.982
Lower high at 158.14 after break of Wednesday's 158.17 NY low.
Asia session fell from the 158.43 Asia high, broke through Wednesday's 158.17 NY low and hit a 157.855 session low as the post-midterm USD softness carried over. The bounce stalled at 158.14, the 50% retrace of the drop, leaving a lower high. RSI(14) near 28 is soft but not extreme.
Support: 157.855, 157.40
Resistance: 158.14, 158.43, 158.67
What it said to watch
Failure to hold the 157.855 session low exposes Wednesday's prior low at 157.40, the 50-day SMA area
A close back above the 158.14 lower high breaks the Asia downtrend line sequence
Reclaiming the 158.43 Asia high returns price to Wednesday's range below the 158.67 prior high
US Jobless Claims and Unit Labor Costs at 13:30 UTC, then Fed's Hammack, could shift this read in NY hours
Lower highs from 158.67; Tokyo break below NY low.
Tokyo open knocked USD/JPY out of its overnight range below the 158.43 asia high and through the 158.17 NY low. That extends the lower-high sequence from the 158.67 day high to a 157.86 session low, followed by a sharp wick rebound to the 158.00 round number. Post-midterm USD softness and haven JPY demand frame the move, with RSI(14) near 29 off the low.
Support: 158.00, 157.40
Resistance: 158.17, 158.43, 158.67
What it said to watch
M15 close back above the 158.17 ny low (38.2% fib) would negate the Tokyo breakdown
Failure to hold the 157.86 session low opens the 157.40 prior low, Wednesday's 50-day SMA test
Recovery through the 158.43 asia high and lower-high line puts the 158.67 day high and the 158.62 200-day back in play
US jobless claims and Fed's Hammack, Thu 13:30–13:50 UTC, could shift this read
02:01 UTC
Downtrend, Asia-session selloff off the lows · RSI 29 · price 158.027
Broke below Wednesday's NY low, lower highs since 158.67.
Asia session open triggered a slide from the 158.43 asia high through Wednesday's NY low at 158.17, with the move printing a 157.855 session low before a wick rejection back to the 158.00 round number. JPY haven demand and a heavy post-midterm USD back the move. RSI(14) is near 29, price sits under both EMAs and the lower-highs line from 158.56 is capping.
Support: 158.00, 157.855, 157.40
Resistance: 158.17, 158.43, 158.67
What it said to watch
M15 close back above the 158.17 ny low (38.2% fib) undoes the range break
Failure to hold the 158.00 round number and 157.855 session low exposes the 157.40 wed low
Break of the lower-highs line toward the 158.43 asia high reopens the 158.67 wed high
US Jobless Claims and Unit Labor Costs at 13:30 UTC could materially shift this read
Lower highs from 158.56; Asia leg 158.43→157.86 now retracing.
Tokyo morning sold off from the 158.43 asia high to a 157.855 session low as the hawkish BoJ minutes landed, slicing through the 158.00 round number before a long-wicked rejection pulled price back above it. Price now sits at the 38.2% fib of the Asia leg, with the 158.17 ny swing low and 50% retracement overhead; RSI(14) near 29, ATR(14) about 9 pips.
Support: 158.00, 157.855, 157.40
Resistance: 158.17, 158.43, 158.67
What it said to watch
M15 close back above the 158.17 ny swing low and 50% fib neutralises the Asia selloff read; lower-highs trendline from 158.56 sits above near the 158.43 asia high
Loss of the 158.00 round number and a break of the 157.855 session low expose the 157.40 prior low
A push back toward the 158.67 prior high requires the lower-highs sequence to break first
US Initial Jobless Claims and Unit Labor Costs at 13:30 UTC could materially shift this read
Lower-high sequence; prior low at 158.17 broken in early Asia.
Early Asia extended a lower-high sequence off yesterday's 158.67 ny high, breaking the 158.17 prior low to print 158.12 after the hawkish BoJ September minutes. RSI(14) near 24 is oversold. Price sits below both EMAs and under the 38.2% retracement of the 157.40–158.67 rally fib, with the 158.00 round number just below.
Support: 158.00, 157.88
Resistance: 158.17, 158.43, 158.67
What it said to watch
Sustained trade below the 158.17 prior low keeps the range break intact; a reclaim marks it as a false break
158.00 round number coincides with the 50% of the rally fib; failure there exposes the 61.8% fib near 157.88
M15 close above the 158.43 asia high and the lower-highs line voids the sequence
US Jobless Claims at 13:30 UTC and Japan Labor Cash Earnings at 23:30 UTC sit later in the day as the next scheduled catalysts
158.17–158.67 range with lower highs at 158.56 and 158.43.
After rebounding from the post-midterm low near 157.40, USDJPY has traded a 158.17–158.67 range. JPY is failing to benefit from broad USD weakness. Lower highs at 158.56 and the 158.43 asia high, which was rejected in the first hour of Tokyo, have pushed price back toward the ny low, which also marks the 38.2% retracement of the 157.40–158.67 leg, with RSI(14) near 31.
Support: 158.17, 158.00
Resistance: 158.43, 158.56, 158.67
What it said to watch
M15 close below the 158.17 ny low breaks the range floor and exposes the 158.00 round number
Recovery above the 158.43 asia high and the lower-high trendline negates the compression read
Only a close above the 158.67 day high reopens the upper end of the range
MoF/Kihara intervention language and Thu 13:30 UTC US jobless claims and ULC could materially shift this read
00:46 UTC
Range-bound, drifting lower within the rebound · RSI 36 · price 158.291
Lower highs from 158.67 inside 158.17–158.67 range.
The soft-yen rebound from the post-election 157.40 low topped at the 158.67 NY high and has since printed lower highs at 158.56 and 158.43, capping price inside a 158.17–158.67 range. Early Asia session dipped to an asia low of 158.22, and price sits near the 61.8% retrace of the 158.17–158.56 leg with RSI(14) near 36.
Support: 158.22, 158.17, 158.00
Resistance: 158.43, 158.56, 158.67
What it said to watch
Failure to hold the 158.17 swing low breaks the range and exposes the 158.00 round number
An M15 close above the 158.43 session high and the 158.56 lower high breaks the lower-highs line and reopens the 158.67 NY high
Any escalation in MoF intervention language beyond 'high sense of urgency' could cap or reverse moves toward 158.67
US Initial Jobless Claims at 13:30 UTC Thursday could materially shift this read
158.17–158.67 range with lower highs since NY; early Asia trading in lower half.
After yesterday's post-midterm Asia dip to 157.40 was retraced, the pair has held a 158.17–158.67 range. Lower highs at the 158.67 day high and the 158.56 lower high are pressing price into the lower half. Early Tokyo trade opened with a small rollover gap below 158.41 and is pressing the 158.32 asia low, with RSI(14) near 34 and ATR around 5 pips.
Support: 158.32, 158.17
Resistance: 158.41, 158.56, 158.67
What it said to watch
A break of the 158.32 asia low exposes the 158.17 swing low, which sits at the 38.2% retracement of the 157.40–158.67 rally
An M15 close below 158.17 breaks the range floor
Reclaiming the 158.41 asia high and the lower-highs line near 158.56 would neutralise the drift lower
US jobless claims at 13:30 UTC could shift the range read ahead of Friday's NFP
00:01 UTC
Range after full recovery of the Asia dip, momentum fading · RSI 40 · price 158.391
NY range 158.17–158.67 with a lower high; compressing near 158.40 in early Asia.
The post-midterm USD drop to 157.40 in Asia was fully retraced through London. NY, helped by the ADP beat, set a session high at 158.67, then ranged down to the NY low near 158.17 and capped at a lower high of 158.56. Price is now compressing just under 158.40 in thin early-Asia trade, holding the overnight low and the 23.6% fib, with RSI(14) near 40 and ATR down to about 5 pips.
Support: 158.34, 158.17
Resistance: 158.56, 158.67
What it said to watch
M15 close below the overnight low at 158.34 opens the NY low near 158.17, which aligns with the 38.2% fib
Close above the lower-high trendline and 158.56 brings the 158.67 session high back into play
US Initial Jobless Claims and Unit Labor Costs at 13:30 UTC could break the range, ahead of Japan wages at 23:30 UTC