USD/JPY AI Live Scan, daily chart, Sunday, 19 July 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.
21:03 UTC
Uptrend, grinding into cycle top · RSI 63 · price 162.397
Higher highs, higher lows; consolidating near 40-yr high.
Multi-month uptrend intact, price holding above a rising EMA(50) since the early-April recovery off 155.49, underpinned by structural JPY weakness and a firm Dollar. The last eight sessions have churned in a tight 161.7–162.6 band just under the 162.84 40-year high, unable to claim it while demand keeps stepping in around 162.00. The 163.00 psychological ceiling is the level the market distrusts given standing MoF intervention rhetoric.
Support: 162.00, 161.10
Resistance: 162.84, 163.00
What it said to watch
Japan National CPI on Jul 23 is the next major catalyst for this pair
D1 close above 162.84 opens the path to the 163.00 ceiling and raises intervention odds
Loss of the 162.00 floor would break the recent consolidation and expose 161.10
21:02 UTC
Uptrend, grinding into cycle top · RSI 59 · price 162.397
Chain of higher highs / higher lows, coiling below 162.84.
Multi-month uptrend intact, price holding above a rising EMA(50) on D1 since the April 155.03 low, now pressing the weakest-yen regime since 1986. The last two weeks have coiled into the 162.00–162.84 zone, repeatedly capping just shy of the 40-year high as USD stays bid on hawkish-Fed pricing and safe-haven flows. JPY sits pinned near cycle lows with MoF intervention rhetoric a persistent backdrop.
Support: 162.00, 161.00
Resistance: 162.84, 163.00
What it said to watch
Daily close above 162.84 opens the path to the 163.00 ceiling and raises intervention odds
Failure to hold the 162.00 floor exposes 161.00 near the 21-day EMA
Japan National CPI Jul 23 could reprice BoJ and materially shift this read