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.
21:02 UTC
Uptrend, momentum slowing into intervention zone · RSI 63 · price 160.412
Higher highs since February, grinding sideways near range top.
Multi-month uptrend off the February ~152.27 low, price holding above a rising EMA(50) on D1 and pressing into the 160.00–160.50 zone flagged for intervention. A hawkish FOMC that lifted the dots keeps USD bid while the BoJ's 25bp hike to 1.0% delivered no yen lift, sustaining the rate-differential bid. The last two weeks have stalled below the 160.59–160.73 swing-high cluster, consolidating above the 160.00 handle rather than extending.
Support: 160.00, 159.50
Resistance: 160.59, 160.73
What it said to watch
- D1 close above 160.73 clears the swing high and opens the path higher
- 160.00–160.50 zone carries verbal/actual MoF-BoJ intervention risk
- Japan National CPI Thu 23:30 UTC could shift the yen read
- Failure to hold 159.50 pivot would break the recent consolidation floor
21:02 UTC
Uptrend, stalling at highs · RSI 64 · price 160.412
HH/HL chain pinned near multi-month highs.
Months-long uptrend from the February 152.27 low, with price holding above a rising EMA(50) and now parked in the 160.00-160.50 intervention zone. The BoJ hike to 1.0% delivered no lift while a hawkish FOMC kept the Dollar bid; the pair has consolidated just under its prior high at 160.73 over the last several sessions. Momentum is flattening at the highs but the swing-trend structure remains intact above the 159.50 pivot.
Support: 160.00, 159.50
Resistance: 160.73, 161.00
What it said to watch
- Daily close above 160.73 prior high opens the path to the 161.00 psych level
- Failure to hold the 159.50 pivot would mark the first lower-low since the breakout
- 160.00/160.50 zone carries MoF/BoJ intervention risk if pressed
- Japan National CPI Thu 23:30 UTC could shift the cross-yen read