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, grinding higher · RSI 65 · price 161.555
Higher highs/higher lows toward 162.00.
USDJPY has ground higher for months on the wide BoJ-Fed rate gap, holding above EMA(50) since the early-April washout to 155.56 and now pressing the 161.93 recent high. Price sits just below the 162.00 2024/40-year peak, the level flagged for intervention risk. RSI near 65 reflects firm momentum without a stretched D1 overbought reading.
Support: 161.10, 160.65
Resistance: 161.93, 162.00
What it said to watch
- Daily close above 162.00 extends the trend but is the line that invites MoF action
- Tokyo CPI Wed and US Core PCE Thu are the next catalysts for this read
- Failure to hold 161.10 / 160.65 would break the rising support and signal a deeper pullback
21:02 UTC
Uptrend, grinding to 40-yr peak · RSI 70 · price 161.555
Higher highs, higher lows intact.
Multi-month uptrend, price holding above a rising EMA(50) on D1 and pressing the 2024/40-year peak at 162.00. The carry-driven advance has accelerated over the last two weeks as crowded JPY shorts and a re-hawkened Fed keep dips bought; the only brake is intervention jawboning into 162.00. The April spike to 155.55 marked the cycle low, and every weekly pullback since has held above the rising trendline.
Support: 160.65, 159.54
Resistance: 162.00
What it said to watch
- Daily close above 162.00 opens fresh 40-yr ground but raises live MoF/BoJ intervention risk
- Close below 160.65 breaks near-term rising structure toward 159.54
- Core PCE Thu and Tokyo CPI Wed could materially shift this read