USD/JPY AI Live Scan, daily chart, Sunday, 8 November 2026
Every read JAFX AI made on the USD/JPY daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:03 UTC
Sideways after September recovery, compressing · RSI 54 · price 158.528
Six-week range 156.08–159.03, lower highs vs higher lows.
The early-September slide from the 160.39 sept high to 152.89 was fully retraced by Sep 24's 159.03 range top. Since then USD/JPY has held a six-week range, with highs fading (158.95, then the 158.77 weekly high) and lows rising from the Oct 23 156.08 swing low after the Oct 22 drop held the 38.2% fib at 156.68. This week's spike toward 159.00 reversed on hawkish BoJ minutes, and the NFP beat lifted Friday's close to 158.53 off the 157.25 weekly low. Price sits just above a flat EMA20 and EMA(50) with RSI near 54, which reads as compression rather than trend.
Support: 157.25, 156.68, 156.08
Resistance: 158.77, 159.03, 160.39
What it said to watch
D1 close above the 159.03 range top breaks the six-week range and brings the 160.39 sept high into view
Failure to hold the 157.25 weekly low puts the 38.2% fib at 156.68 and the 156.08 swing low back in play
A close below the 156.08 swing low would mark the first lower-low since September and turn the read lower
US CPI Tue Nov 10 13:30 UTC, with Waller speaking earlier that day, could break the pennant in either direction
Explicit BoJ December-hike signalling or a deeper AI-led equity rout would test the higher-lows trendline
19:24 UTC
Range-bound after September recovery, EMA(50) flattening · RSI 52 · price 158.528
6-week 156.08–159.03 range, highs edging lower and lows rising.
The early-September slide from the 160.39 cycle high bottomed at the 152.89 Sep low, and the recovery stalled at 159.03 on Sep 24. That level has capped price as the range top for six weeks, with the Oct 23 dip to 156.08 marking the range low and holding between the 38.2% and 50% retracement of the Sep rally. Range highs have edged lower and lows have risen, leaving price compressing near the upper half. This week, a Tuesday push to the 158.77 week high faded on hawkish BoJ minutes, then the 165K NFP beat lifted Friday's close to 158.53. Price sits above a flat EMA(20) and EMA(50), and RSI near 52 shows no momentum extreme.
Support: 157.25, 156.08, 152.89
Resistance: 158.77, 159.03, 160.39
What it said to watch
Daily close above the 159.03 range top breaks the six-week range and opens the 160.39 cycle high
Failure to hold the 157.25 week low exposes the 156.08 range low, and a close below it shifts the read to a deeper retracement toward the 152.89 Sep low
Rejection again at the 158.77 week high would extend the lower-highs sequence along the range-top trendline
US CPI Tue Nov 10 13:30 UTC (core f/c 0.2% MoM), with Waller speaking earlier that day, could materially shift this read
Deeper AI-led equity risk-off or explicit BoJ December hike signalling are the main JPY-side catalysts for a move to the range low