USD/JPY AI Live Scan, 1-hour chart, Friday, 10 July 2026

Every read JAFX AI made on the USD/JPY 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

20:02 UTC

Downtrend from midweek high, now ranging · RSI 45 · price 161.745

Rejection at 162.70, impulsive drop, consolidating above 161.50.

USDJPY rejected the 162.70 area midweek and sold off sharply into Thursday's session, printing 161.28 lows after FinMin Katayama's pension-repatriation comments and a soft dollar. Price is now consolidating between 161.50 and the 161.85 range top, hugging EMA(20) while holding below EMA(50). The 162.50 multi-decade high caps the broader structure.

Support: 161.45, 161.28

Resistance: 161.85, 162.50

What it said to watch

  • H1 close above 161.85 range top negates the consolidation read
  • Failure to hold 161.45 reopens the 161.28 swing low
  • US CPI Tue 12:30 GMT could reset the rate-gap read
  • 162.50 40yr high — area to watch, MoF intervention risk

20:02 UTC

Downtrend, bounce off lows · RSI 45 · price 161.745

Lower highs since 162.70 peak, double bottom at 161.28.

USDJPY rolled over from the 162.70 area and has printed a clean sequence of lower highs into today, with the leg down accelerating after FinMin Katayama's pension-repatriation comments squeezed the Yen from ~162.40. Two matched lows at 161.28 form a double bottom, and price is now recovering toward 161.75 but sits below both EMA(20) and EMA(50). RSI(14) has lifted off oversold into the mid-40s as the bounce develops.

Support: 161.28

Resistance: 161.85, 162.50

What it said to watch

  • H1 close above 161.85 bounce high challenges the lower-high sequence
  • Break below 161.28 double bottom confirms a lower low
  • US CPI Tue 12:30 GMT and intervention risk near 162.50 could reshape this read

19:02 UTC

Downtrend, bounce off lows · RSI 43 · price 161.677

Lower highs since week high, double bottom near 161.28.

USD/JPY has faded from the week's 162.70 high, with the dominant leg down coming through the London-NY transition as Katayama pension-repatriation talk lifted the yen. Price broke the 161.75 pivot and printed near-matching lows at 161.28 twice, a double bottom, before recovering into the current 161.68. RSI(14) is basing in the low 40s and price sits just under a flattening EMA20.

Support: 161.28

Resistance: 161.75

What it said to watch

  • Hourly close back above 161.75 would reclaim the pivot broken on the slide
  • Loss of 161.28 confirms a fresh lower-low and voids the double bottom
  • US CPI Tue 12:30 UTC / Warsh testimony could materially shift this read

19:02 UTC

Downtrend off week highs, momentum stabilising · RSI 45 · price 161.677

Lower highs since 162.70, double bottom near 161.28.

USD/JPY faded from the 162.70 week high as JPY caught a bid on Katayama pension-repatriation talk, printing a run of lower highs into the NY sessions. The 161.28 area has held twice to form a double bottom, and price has bounced back toward the 161.75 pivot with RSI(14) recovering into the mid-40s. Both EMAs sit overhead after the two-day slide.

Support: 161.28

Resistance: 161.75, 161.85, 162.50

What it said to watch

  • H1 close below 161.28 breaks the double bottom and confirms a lower low
  • Reclaim of 161.85 / 162.50 zone revives intervention risk near multi-decade highs
  • US CPI Tue Jul 14 12:30 UTC could materially shift this read

18:02 UTC

Downtrend, corrective bounce · RSI 44 · price 161.643

Lower highs, lower lows since mid-week top.

USD/JPY rolled over from the 162.70 area mid-week and has printed successive lower highs, with JPY catching a bid on Katayama's pension-repatriation comments that drove the pair through 162.05 down to 161.28. Price is now grinding back to 161.64 off that low but sits below both EMA(20) and EMA(50), and 161.75 pivot has capped the recovery. RSI(14) is lifting out of oversold as the corrective bounce plays out.

Support: 161.28

Resistance: 161.75, 162.05

What it said to watch

  • Hourly close back above 161.75 pivot would ease the lower-high structure
  • Failure to hold 161.28 swing low confirms downside continuation
  • US CPI Tue 12:30 UTC (soft MoM consensus) could materially shift this read

18:02 UTC

Downtrend, bouncing off session low · RSI 43 · price 161.643

Lower highs since mid-week peak, recent lower low.

USD/JPY faded from the mid-162s multi-decade high zone after JPY caught a bid on Katayama repatriation comments and a softer Dollar into late week. Price broke below 162.00 and printed a 161.28 session low before recovering toward the 161.75 pivot, trading below both EMAs. RSI(14) rebounded off oversold as buyers stepped in at 161.28.

Support: 161.28

Resistance: 161.75, 162.50

What it said to watch

  • H1 close above 161.75 pivot invalidates the lower-high sequence
  • Break below 161.28 session low confirms continuation of the down-leg
  • Renewed intervention rhetoric near the 162.50 zone could inject two-way volatility

17:02 UTC

Downtrend, momentum picking up · RSI 47 · price 161.507

Range broken lower, fresh lower lows.

USDJPY held a 161.75-162.70 band for most of the week before breaking lower through the NY session as Katayama's pension-repatriation talk fuelled a JPY bid. Price now sits below EMA20 and EMA50 after twice rejecting the 162.50 range top, with the 161.28 swing low retested on the latest leg down. RSI(14) is neutral near 47 as a small bounce off 161.28 trimmed the drop into the weekly close.

Support: 161.28

Resistance: 161.75, 162.50

What it said to watch

  • H1 reclaim above the 161.75 pivot would neutralise the breakdown
  • Sustained break below 161.28 confirms continuation to lower lows
  • US CPI Tue could materially reprice the US-Japan yield gap driving this read

17:02 UTC

Downtrend, momentum accelerating · RSI 37 · price 161.507

Lower highs, breakdown through pivot.

USDJPY faded from the 162.70 area early in the week and rolled over hard through Thursday's NY session, breaking below the 161.75 pivot as JPY caught a bid on Katayama repatriation talk and a soft USD. Price is pinned below EMA20/EMA50 with RSI(14) sub-40, and the latest leg swept the 161.28 session low before a shallow bounce to 161.51. Structure is a clean sequence of lower highs; 161.75 now acts as the cap.

Support: 161.28, 161.00

Resistance: 161.75

What it said to watch

  • H1 close back above 161.75 pivot would neutralise the breakdown
  • Failure to hold 161.28 session low opens the path toward 161.00
  • US CPI Tue 12:30 UTC could materially shift this read

16:02 UTC

Downtrend, extending lower · RSI 36 · price 161.349

Lower highs, breaking below week range floor.

USD/JPY faded from a 162.70 week high and has rolled over, sliding through 162.00 and the 161.50 pivot as JPY caught a repatriation bid and a softer USD weighed into the NY session. Price now sits on the 161.28 swing low with RSI(14) in the mid-30s, and both EMA(20) and EMA(50) capping from above. The 162.50 multi-decade high remains the ceiling that has contained this week's advance.

Support: 161.28

Resistance: 161.85, 162.50

What it said to watch

  • Hourly close below 161.28 confirms a fresh lower low
  • Reclaim of 161.85 would ease the downside pressure
  • US CPI Tue 12:30 UTC could materially shift this read
  • 162.50 decade-high resistance also flags intervention risk

16:02 UTC

Downtrend, momentum accelerating · RSI 36 · price 161.349

Lower highs, breaking week's support.

USDJPY has rolled over from Wednesday's 162.70 peak, with the 162.50 multi-decade-high area capping and price now trading below EMA20 and EMA50. The leg lower accelerated on Katayama's repatriation comments, squeezing the pair from ~162.40 through the 161.50 pivot toward the 161.28 week low. RSI(14) sits weak in the mid-30s with each bounce failing under 161.85.

Support: 161.28

Resistance: 161.85, 162.50

What it said to watch

  • H1 close below 161.28 confirms a fresh lower low
  • Reclaim of 161.85 prior high would ease downside pressure
  • US CPI Tue 12:30 UTC could materially shift this read
  • 162.50 multi-decade-high area remains the level to monitor for rejection or intervention

15:02 UTC

Pullback lower, recovering off week low · RSI 47 · price 161.831

Sharp drop from week high, higher lows building off 161.28.

USDJPY fell roughly 100 pips into the 161.28 week low as FinMin Katayama's pension-repatriation comments triggered a broad yen rally, capping the pair well below the 162.50 record high set earlier in the week. Since that low the pair has ground out higher lows back to 161.83, reclaiming the EMA(20) but stalling under EMA(50) near 162.05. RSI(14) has recovered off oversold to the mid-40s, tracking the shallow bounce.

Support: 161.75, 161.28

Resistance: 162.05, 162.50

What it said to watch

  • US CPI Tue could materially shift this read via the US-Japan rate gap
  • H1 close above 162.05 reopens the path toward the 162.50 record high and intervention zone
  • Failure to hold 161.75 puts the 161.28 week low back in play

15:02 UTC

Downtrend, bounce in progress · RSI 47 · price 161.831

Sharp leg down off 162.70, grinding higher-lows into former support.

USDJPY sold off ~110 pips from the 162.70 area to a 161.28 week low as FinMin Katayama's pension-repatriation remarks and a softer dollar drove a broad yen rally. Price has since carved higher-lows back to a 161.90 session high, now clawing back the former 161.75 support pivot with RSI(14) recovering to the mid-40s. The move stalls into 162.40 prior high, with the 162.50 40yr high still the capped ceiling and intervention-risk zone.

Support: 161.50, 161.28

Resistance: 161.90, 162.40, 162.50

What it said to watch

  • H1 close back below 161.50 swing low reopens the 161.28 week low
  • Reclaim and hold above 161.90 session high extends the recovery toward 162.40 prior high
  • US CPI Tue Jul 14 is the week's catalyst for the US-Japan rate-gap read

14:02 UTC

Downtrend, correction stabilising · RSI 47 · price 161.784

Lower highs off 162.70, holding above week low.

USD/JPY reversed sharply off the 162.42 multi-decade-high area Friday after FinMin Katayama's repatriation comments, dropping ~110 pips to a 161.28 week low before stabilising. Price is now consolidating near 161.75-161.85, back above EMA20 but capped below EMA50 which sits with the broken 162.05 support. RSI(14) has recovered from oversold toward the mid-40s as the down-leg loses pace.

Support: 161.54, 161.28

Resistance: 162.05, 162.42

What it said to watch

  • Reclaim of 162.05 prior support would negate the two-session decline
  • Failure to hold 161.54 swing low opens the 161.28 week low retest
  • US CPI Tue 12:30 UTC could materially shift this read via the yield gap
  • Intervention risk near 40-year highs keeps squeeze potential live

14:02 UTC

Uptrend broken, near-term reversal stabilising · RSI 47 · price 161.784

Range break lower, now consolidating below 161.85.

The week's 162.05–162.70 range held four decades of highs until Friday's sharp ~100-pip drop from 162.42 toward 161.28 after FinMin Katayama's pension-repatriation comments sparked a JPY squeeze. Price has since clawed back to 161.78, but 161.88 (the prior 161.75 support turned resistance) has capped the bounce and both EMA(20) and EMA(50) now sit overhead. RSI(14) has recovered off oversold to the mid-40s, consistent with consolidation rather than fresh downside momentum.

Support: 161.63, 161.28

Resistance: 161.88, 162.05, 162.40

What it said to watch

  • Hourly close above 161.88 / 162.05 negates the reversal cap and reopens 162.40
  • Failure to hold 161.63 reopens the 161.28 week low
  • US CPI Tue could materially shift this read via the US-Japan yield gap
  • Intervention risk near multi-decade highs keeps two-way squeeze potential live

13:02 UTC

Midweek uptrend reversed, now basing · RSI 48 · price 161.804

Sharp breakdown then bounce off week low.

USDJPY rallied through midweek to 162.70 then rejected and sold off sharply into the NY session Thursday, dropping ~140 pips to a 161.28 week low on Japan pension-repatriation talk and a softer USD after less-hawkish FOMC minutes. Price is now basing around 161.80, holding below EMA20/50 after a partial recovery off the low, capped so far by the 161.89 day high. RSI(14) sits mid-40s, working off the oversold flush from the drop.

Support: 161.69, 161.28

Resistance: 161.89, 162.05

What it said to watch

  • Hourly close back above 161.89 day high would extend the recovery toward the 162.05 prior shelf
  • Loss of 161.69 hourly low reopens the 161.28 week low
  • US CPI Jul 14 12:30 UTC is the dominant catalyst and could reset this read; intervention headlines a standing JPY wildcard

13:02 UTC

Downtrend, short-term recovery · RSI 52 · price 161.804

Bounce off week low, higher lows forming.

USD/JPY broke the 162.20–162.70 range to the downside yesterday's NY session, sliding to a 161.28 week low as a softer dollar and pension-repatriation talk lent the yen a rare bounce. Price has since carved higher lows back toward 161.89, sitting just above the reclaimed EMA(20) but capped below EMA(50). RSI(14) has recovered off oversold to the mid-50s as the recovery grinds on.

Support: 161.55, 161.28

Resistance: 161.89, 162.05

What it said to watch

  • Hourly close above 161.89 opens the 162.05 breakdown zone
  • Failure to hold 161.55 higher low reopens the 161.28 week low
  • US CPI Jul 14 is the week's dominant catalyst for this pair

12:02 UTC

Downtrend, near-term bounce · RSI 53 · price 161.856

Recovery off week low after Thursday selloff.

USDJPY sold off sharply through Thursday's NY session from the 162.70 area to a 161.284 week low as a softer USD and pension-repatriation headlines lent the Yen support. Price has since carved a two-session base of higher lows back to 161.85, retracing roughly 40% of that drop but still sitting below both EMA(20) and EMA(50). Resistance at 162.05 caps the bounce, with the broader 162.50 multi-decade zone above.

Support: 161.284

Resistance: 162.052, 162.50

What it said to watch

  • Reclaim of 162.05 and EMA(20) would extend the bounce toward 162.50
  • Loss of 161.284 week low confirms downtrend resumption
  • US CPI on Jul 14 is the dominant catalyst for the next leg

12:02 UTC

Pullback lower, momentum stabilising · RSI 47 · price 161.856

Range break lower, holding above 161.50.

USDJPY broke below this week's 161.60-162.70 range Thursday, dropping to a 161.28 low as pension-repatriation talk and a softer dollar lent the yen support. Price has since clawed back toward 161.85 but sits below both EMA(20) and EMA(50), with RSI(14) recovering off oversold to the mid-40s. Higher-lows since the 161.28 base show demand stepping in, though the broader week's structure has flipped lower.

Support: 161.50, 161.28

Resistance: 162.00

What it said to watch

  • Hourly close back above 162.00 would reclaim the EMA(20) and neutralise the range-break read
  • Failure to hold 161.50 reopens the 161.28 week low
  • US CPI next Tue is the dominant catalyst; intervention headlines a two-way wildcard

11:02 UTC

Range broken lower, bounce underway · RSI 43 · price 161.77

Week range floor lost, recovering off lows.

Price held a 162.00–162.70 range from Monday's open through mid-week before a sharp selloff broke the floor, cutting to 161.28 as pension-repatriation talk and a soft USD lent the Yen support. RSI(14) dipped into oversold on the impulse and price has since recovered to 161.77, printing higher intraday lows below both EMA(20) and EMA(50). The 162.50 multi-decade zone that capped earlier in the week now sits well overhead.

Support: 161.28, 161.00

Resistance: 162.00, 162.50, 162.70

What it said to watch

  • H1 close back above 162.00 negates the range break
  • Failure to hold 161.28 session low opens 161.00 psych level
  • US CPI Tue is the key carry-trade catalyst for this pair
  • MoF intervention risk remains an ever-present wildcard near multi-decade highs

11:02 UTC

This-week reversal, momentum down · RSI 43 · price 161.77

Broke range, lower low then bounce.

USD/JPY ground up to a 162.70 week high, was capped twice at the 162.50 decade-high zone, then reversed hard over two sessions, dropping ~140 pips to a 161.28 week low on JPY pension-repatriation headlines and broad USD softness after less-hawkish FOMC minutes. Price now trades below both EMA(20) and EMA(50), with the bounce stalling near the 161.86 fib 38.2% mark. The prior range floor has flipped to overhead supply.

Support: 161.28

Resistance: 161.86, 162.50, 162.70

What it said to watch

  • H1 close above 161.86 fib 38.2 opens a retest of the 162.50 decade high
  • Loss of 161.28 week low confirms a fresh lower-low
  • US CPI Tue 12:30 UTC could force a crowded carry-trade snapback

10:02 UTC

Downtrend, short-term bounce · RSI 44 · price 161.808

Broke below week range, recovering.

The pair spent mid-week pinned in a 162.40-162.70 band before a sharp two-session slide broke it, printing 161.28 as softer USD and intervention jitters weighed. Price is now retracing that drop toward the broken 162.00 pivot, but sits below both EMA20 and EMA50 with RSI recovering off oversold. The 162.50 area — last week's multi-decade high — remains the capping level overhead.

Support: 161.284

Resistance: 162.00, 162.50

What it said to watch

  • H1 close back above 162.00 pivot reclaims the broken range
  • Failure to hold 161.28 confirms a fresh lower-low
  • US CPI next week is the main catalyst for the carry-trade yield gap

10:02 UTC

Downtrend, corrective bounce underway · RSI 49 · price 161.808

Broke below week's range, recovering off 161.28.

USDJPY held a 162.00–162.70 band most of the week before a sharp NY-session selloff drove price to 161.28, as USD softened on less-hawkish FOMC minutes and intervention jitters lifted the yen. Price has since bounced to 161.80 with RSI(14) recovering off oversold but still capped below EMA20/EMA50. The 162.50 multi-decade high was tested twice earlier in the week and rejected before the range break.

Support: 161.28

Resistance: 162.00, 162.50

What it said to watch

  • H1 close back above 162.00 pivot negates the breakdown read
  • Failure to hold 161.28 swing low confirms a lower low
  • US CPI Tue and any MoF intervention headlines could materially shift this read

09:02 UTC

Downtrend developing after breakdown · RSI 42 · price 161.674

Lower highs, sharp break below range.

USDJPY held a tight 162.30–162.70 range through midweek before a sharp two-bar drop into the NY session sliced through the 162.00 pivot to a 161.28 swing low, coinciding with softer USD and renewed Tokyo intervention chatter. Price now sits below EMA20 and EMA50 with RSI cycling near 42; the bounce off 161.28 has stalled around 161.77. The 162.00 pivot, now overhead, is the immediate resistance capping the recovery.

Support: 161.28

Resistance: 162.00, 162.70

What it said to watch

  • H1 close back above 162.00 pivot would neutralise the breakdown read
  • Failure to hold 161.28 swing low confirms continuation lower
  • US CPI Tue 12:30 GMT is the dominant two-way catalyst for the rate gap
  • Intervention headlines remain a squeeze wildcard near multi-decade highs

09:02 UTC

Downside break, momentum easing · RSI 42 · price 161.674

Broke below week's range, stabilizing near 161.70.

USD/JPY broke below the 161.9–162.7 range that had held since Monday's open, sliding to 161.28 in a sharp two-day JPY bounce driven by intervention risk and a softer dollar. Price has since stabilized near 161.67, holding around the 38.2% retrace of the down leg with RSI(14) recovering off its lows. The 162.00 pivot now caps as resistance after acting as range support earlier in the week.

Support: 161.28, 161.00

Resistance: 162.00, 162.70

What it said to watch

  • H1 close back above 162.00 pivot negates the downside break
  • Failure to hold 161.28 swing low confirms a lower low and opens 161.00
  • US CPI Tue and any MoF intervention headlines could materially shift this read

08:02 UTC

Uptrend broken, correcting lower · RSI 40 · price 161.672

Sharp reversal off multi-decade highs, bounce off week low.

USDJPY held the 162.0–162.7 grind most of the week before a sharp fade during the NY session, breaking below the range and printing a 161.284 week low as USD softened on Middle East de-escalation. Price now sits below both EMA20 and EMA50 with RSI(14) back near 40 after dipping into oversold on the impulse; a modest recovery has reclaimed 161.67. The 162.50 supply zone near the multi-decade high remains untested since the break.

Support: 161.284, 161.00

Resistance: 162.05, 162.50

What it said to watch

  • H1 close back above 162.05 negates the breakdown read
  • Failure to hold 161.284 week low opens the 161.00 psych area
  • US CPI Jul-14 is the marquee catalyst that could reset this read

08:02 UTC

Uptrend stalled, sharp pullback · RSI 40 · price 161.672

Week range broken lower off multi-decade highs.

USDJPY spent most of the week grinding 162.20–162.70 near four-decade highs before a sharp selloff broke that range, tagging 161.28 as a softer dollar on Middle East de-escalation let the yen firm. Price now trades below both EMA20 (~161.95) and EMA50 after a rejection at the 162.50 supply zone, with RSI(14) cooling to ~40 off the drop. Last few bars have stabilised around 161.65 but remain capped under the reclaimed EMA20.

Support: 161.28

Resistance: 161.95, 162.50

What it said to watch

  • Reclaim above 161.95 EMA20 would neutralise the breakdown read
  • Failure to hold 161.28 confirms a deeper lower-low
  • US CPI Jul-14 is the marquee catalyst and could reset this read

07:02 UTC

Range break lower, momentum down · RSI 38 · price 161.598

Broke below week's range, basing at lows.

USDJPY spent most of the week caged in a 161.70–162.70 range before breaking down through the floor in the last session, printing 161.28 as the USD softened for a second day into Tuesday's CPI. Price now sits below EMA20 and EMA50 with RSI(14) near 37 following the drop, and the 162.05 range floor has flipped to the nearest overhead. Lower highs built into the breakdown and demand has since stabilised the pair around 161.58.

Support: 161.284, 161.00

Resistance: 162.05

What it said to watch

  • Reclaim of 162.05 range floor would negate the range break
  • US CPI Tue 12:30 UTC could materially shift this read
  • Failure to hold the 161.00 psych level opens extension lower

07:02 UTC

Downtrend, fresh break lower · RSI 39 · price 161.598

Range break to the downside after week-long consolidation.

USDJPY spent most of the week grinding sideways between 162.05 and the 162.70 week high, then sold off sharply in the latest NY session — the move broke the range low and cut to a 161.28 swing low as the USD stayed on the back foot with easing Middle East tensions weighing. Price now sits below both EMAs at ~161.60 after a modest bounce, with the prior 162.05 range low flipping to overhead resistance and RSI(14) recovering off oversold.

Support: 161.284, 161.00

Resistance: 162.05, 162.70

What it said to watch

  • Failure to hold 161.28 opens the path toward the 161.00 round number
  • An H1 close back above 162.05 range low would neutralise the breakdown
  • US CPI Tue 12:30 UTC could materially shift this read into next week

06:02 UTC

Range broken lower, momentum down · RSI 37 · price 161.53

Range breakdown, testing new lows.

USDJPY held a 161.65–162.70 range for most of the week before a sharp slide during the Asia session broke the range floor, printing 161.28 before a modest bounce to 161.53. Price now sits below EMA(20) and EMA(50) with RSI(14) near 36, and the digest frames the move as USD softness plus intervention caution rather than fresh yen strength. Two-way tone into CPI keeps the 161.65 breakdown level the key structural marker.

Support: 161.28, 161.00

Resistance: 162.05, 162.70

What it said to watch

  • H1 close back above 162.05 negates the breakdown read
  • Failure to hold 161.28 opens 161.00
  • US CPI Tue Jul 14 could materially shift this read; Tokyo intervention risk skews near lows

06:02 UTC

Range broken lower, momentum down · RSI 34 · price 161.53

Week range gave way, fresh lower low printed.

USD/JPY held a 161.65-162.70 range since Monday's open before the NY session drove a sharp ~120-pip break lower to a week low at 161.28, as the dollar softened with oil easing and intervention caution capped the yen's downside. Price is now below EMA20 and EMA50 for the first time this week with RSI in the mid-30s. The 162.05 prior support is the immediate area to watch as resistance on any bounce.

Support: 161.28, 161.00

Resistance: 162.05, 162.70

What it said to watch

  • H1 close back above 162.05 negates the range break lower
  • 161.00 area — hold vs break as the next downside pivot
  • Tokyo intervention rhetoric could sharply reverse the move given crowded shorts

05:02 UTC

Uptrend stalled, sharp pullback · RSI 37 · price 161.642

Week high rejected, breakdown below range.

USD/JPY trended up from Monday's open to a 162.70 week high before a sharp sell-off today snapped the run, breaking below the 162.05 shelf on a softer USD. Price now sits at 161.64 near the 161.28 session low, below EMA20 and EMA50 for the first time this week. RSI(14) has rolled to the high-30s, the deepest since the drop began.

Support: 161.28, 161.00

Resistance: 162.05, 162.70

What it said to watch

  • Reclaim of 162.05 would negate today's breakdown
  • Loss of 161.00 21d ema opens the lower range toward 160.60
  • US CPI Tue and standing MoF/BoJ intervention risk could shift this read

05:02 UTC

Week uptrend broken, sharp reversal lower · RSI 37 · price 161.642

Range break below 162.30, below both EMAs.

USD/JPY spent the week grinding to a 162.70 high and ranging 162.30-162.65 before a sharp last-session selloff sliced through 162.05 down to 161.28, as a softer USD (DXY ~100.9 on Mideast de-escalation) trimmed the carry bid. Price now trades 161.64, back below EMA20/50 with RSI(14) recovering from oversold. The 162.30 prior-support shelf is the pivot that flipped to resistance on the break.

Support: 161.28, 161.00

Resistance: 162.05, 162.30, 162.70

What it said to watch

  • H1 close back above 162.05 negates the breakdown and reopens the 162.30 shelf
  • Failure to hold 161.28 confirms a lower-low toward the 161.00 21-day EMA
  • Intervention/jawboning risk elevated with pair near four-decade highs
  • US CPI Tue Jul 14 could materially reprice this read

04:02 UTC

Uptrend broken, sharp reversal lower · RSI 33 · price 161.531

Week high rejected, impulsive selloff.

USD/JPY ground up to a 162.71 week high through the NY session before a sharp Asia-session slide dragged price ~140 pips to 161.28, snapping the four-day grind higher. A softer dollar plus renewed verbal intervention warnings from Tokyo weighed, and price has broken clear below EMA20/EMA50 with RSI near oversold. The 162.05 prior-support shelf now caps as resistance after the reversal.

Support: 161.284, 161.00

Resistance: 162.05, 162.705

What it said to watch

  • Reclaim of 162.05 needed to repair the break
  • Failure to hold 161.28 opens the path toward the 161.00 psych level
  • Intervention headlines could force a fast snapback
  • US CPI Jul 14 12:30 UTC is the next major driver

04:02 UTC

Uptrend broken, sharp reversal lower · RSI 26 · price 161.531

Range break lower off 40-yr highs.

USDJPY spent most of the week grinding a tight 162.35–162.70 range just under four-decade highs, then broke sharply lower into the latest NY session, snapping a four-day advance and slicing through the 162.05 prior floor to a 161.284 session low. The move fits the softer-USD tone and repeated MoF/BoJ intervention warnings noted in the context; RSI(14) is now oversold near 26 with price well below EMA20 and EMA50. The week high at 162.705 capped every attempt and remains the reference ceiling.

Support: 161.284, 161.00

Resistance: 162.052, 162.36, 162.705

What it said to watch

  • Hourly close back above 162.052 prior floor negates the breakdown
  • 161.00 21d ema zone — area to watch for demand or continuation lower
  • Reclaim of the 162.360 range base signals a false break
  • US CPI Jul 14 and intervention headlines could materially shift this read

03:02 UTC

Uptrend broken, sharp downside · RSI 31 · price 161.451

Range break below week's grind.

USD/JPY ground higher all week into a 162.70 peak, but a sharp Asia-session selloff has driven the pair ~110 pips lower to a fresh weekly low at 161.28, snapping the multi-day uptrend. Price now trades well below EMA20/50 with RSI(14) near oversold; Tokyo intervention chatter is the named driver behind the break. The 162.05-162.40 zone that supported the week is now overhead resistance.

Support: 161.28, 161.00

Resistance: 162.05, 162.40, 162.70

What it said to watch

  • H1 reclaim above 162.05 would neutralise the range break; below it the broken zone caps
  • Failure to hold 161.28 confirms a lower-low and opens the round-number 161.00
  • US CPI Tue Jul 14 12:30 UTC is high-impact risk that could reshape this read
  • Fresh MoF/BoJ intervention headlines could extend the snap-back sharply

03:02 UTC

Uptrend broken, sharp reversal lower · RSI 30 · price 161.451

Range floor broken, fresh lower low.

USDJPY spent Monday-Thursday grinding higher into 162.70, the week high, before a sharp selloff into Friday's early hours snapped the four-day advance and sliced through the 162.30 broken-range shelf. The drop — consistent with mild USD softening and intervention chatter from Tokyo — carried price to a 161.284 session low, with RSI(14) collapsing toward 30 and price now well below both EMA20 and EMA50. Momentum has flipped decisively lower after days of orderly gains.

Support: 161.284, 161.00

Resistance: 162.30, 162.70

What it said to watch

  • Reclaim back above 162.30 broken range would negate the downside break
  • Failure to hold 161.284 session low opens the 161.00 round number
  • MoF/BoJ intervention headlines could extend this reversal sharply
  • US CPI Tue Jul 14 12:30 UTC is the dominant upcoming risk for this pair

02:02 UTC

Uptrend broken, sharp reversal · RSI 37 · price 161.751

Double top, range break lower.

USDJPY trended higher since Monday's open, printing a weekly high at 162.71 before a double top around 162.65-162.71 capped the advance. The last two bars broke sharply below the week's rising support and the 162.30 consolidation floor, shedding ~95 pips to 161.63 as JPY firmed on intervention chatter and a mildly softer USD. Price now sits below EMA20 and EMA50 with RSI(14) rolling toward 37.

Support: 161.63, 161.00

Resistance: 162.30, 162.71

What it said to watch

  • Reclaim of 162.30 would negate the breakdown and restore the range
  • Failure to hold 161.63 opens the path toward 161.00
  • MoF/BoJ intervention headlines remain the primary swing risk
  • US CPI Jul 14 could materially reset this read

02:02 UTC

Uptrend broken, reversing lower · RSI 33 · price 161.751

Range top rejected, breakdown through floor.

USDJPY ground higher all week toward the 162.70 four-decade-high area before two heavy hourly bars broke back below the 162.00 range floor, snapping the four-day advance as a softer USD lent mild JPY support. Price now sits at 161.75, below both EMA(20) and EMA(50) with RSI(14) rolling into the low-30s after weeks of holding above 50. The 161.63 week low is the immediate structural anchor.

Support: 161.63, 161.00

Resistance: 162.05, 162.70

What it said to watch

  • Reclaim of 162.05 negates the breakdown and returns price to the week range
  • Failure to hold 161.63 confirms a lower-low and opens 161.00
  • MoF/BoJ intervention headlines could force a sharp extension of this move
  • US CPI Tue Jul 14 12:30 UTC is the next major driver for the pair

01:02 UTC

Uptrend, sharp pullback · RSI 38 · price 162.037

Higher highs into 162.70, now fading from range top.

USDJPY opened near 161.77 Monday and ground higher through the week, tagging a fresh multi-decade high at 162.70 during Wednesday's NY session before stalling. The last hour saw a sharp drop from 162.42 to 161.89 as USD softened and traders trimmed on intervention alert, closing 162.04 back below the EMA20 with RSI cooling toward 38. The four-day advance is intact structurally but momentum has flipped lower off the range top.

Support: 161.894, 161.77, 161.655

Resistance: 162.35, 162.705

What it said to watch

  • Hourly close back above EMA20 near 162.35 negates the pullback
  • Failure to hold the 161.77 week open confirms a lower low
  • 162.84 remains the intervention/breakout pivot to monitor
  • US CPI Jul 14 could materially shift this read

01:02 UTC

Uptrend stalling, sharp pullback · RSI 41 · price 162.037

Range top rejected, breaking lower.

USDJPY spent the week grinding up to a 162.70 week high before lower highs set in, and the latest bar dropped sharply from 162.42 to the 162.02 area — a move consistent with position trimming on high intervention alert flagged in the JPY read. That drop pushed price below EMA20 and EMA50 for the first time this week, with the broken 162.30 base now acting as overhead. RSI(14) has slipped into the low 40s off the sharp candle.

Support: 161.89

Resistance: 162.30, 162.70

What it said to watch

  • H1 close below 161.89 confirms a lower low
  • Reclaim above 162.30 negates the breakdown
  • Unscheduled MoF/BoJ intervention is the key near-term event risk

00:02 UTC

Uptrend, momentum stalling near highs · RSI 47 · price 162.343

Higher-lows into consolidation below 162.70 week high.

USDJPY has ground higher since Monday's open near 161.53, peaking at the 162.70 week high in the NY session before easing into a tight consolidation around 162.30-162.45. The pair sits just below EMA(20) with RSI(14) rolling off toward the mid-40s, but the weekly higher-low structure remains intact as JPY pins near four-decade lows on the wide rate gap. Price is coiling under 162.70 with the 162.25 swing low anchoring the base.

Support: 162.25, 162.04

Resistance: 162.70, 162.84, 163.00

What it said to watch

  • Close above 162.84 opens the path toward the 163.00 round number
  • Failure to hold 162.25 exposes the 162.04 prior low and confirms a lower-low
  • MOF/FinMin intervention or verbal escalation could trigger a sharp JPY reversal from these levels

00:02 UTC

Uptrend, momentum slowing · RSI 46 · price 162.343

Higher highs into 162.70, now ranging near highs.

USDJPY has ground higher since Monday's 161.53 open on the wide rate-gap and oil-driven JPY weakness, tagging a week high at 162.70 before stalling; the pair now drifts inside a 162.25–162.55 range near four-decade highs. Higher lows have held since Monday, but price now sits just below EMA(20) with RSI(14) cooling toward the mid-40s. The 162.70 week high capped the latest attempt, while 162.25 has held as a range floor into the Asia session.

Support: 162.25, 162.05, 161.53

Resistance: 162.70, 162.84

What it said to watch

  • H1 close above 162.70 exposes the 162.84 break level
  • Loss of the 162.25 range floor opens the 162.05 swing low
  • MOF intervention rhetoric a two-way risk this close to 40-yr highs

All markets that day · Today’s USD/JPY Live Scan in the terminal