Higher lows since Friday's dip, capped near 159.38.
Pair has reclaimed 159.00 through the NY session and pushed to a fresh session high at 159.38, holding well above EMA(20) and EMA(50) on H1. Earlier in the week a sharp dip into 158.75 found buyers, and price has since traced a clean sequence of higher lows. Kashkari's hawkish Middle-East-inflation remarks helped extend the move, though intervention chatter near 159.50 psych is now in focus.
Support: 159.10, 158.84, 158.75
Resistance: 159.38, 159.50
What it said to watch
Hourly close above 159.50 psych opens the path toward fresh week highs
Failure to hold 159.10 session low would break the intraday higher-low sequence
Loss of 158.84 weekly low invalidates the uptrend read
Intervention headlines from Tokyo could materially shift this read
Higher highs into 159.38, holding above prior-day high.
USDJPY has pushed to a new week high at 159.38 during the NY session, extending the climb that began with the breakout above 159.10 yesterday. Price sits above both EMA(20) and EMA(50) with RSI(14) at 62, but the latest push to highs came on slightly weaker momentum than the prior leg, hinting at bearish divergence. Intervention chatter around 159.50 psych is the obvious overhead friction.
Support: 159.10, 158.88, 158.75
Resistance: 159.38, 159.50
What it said to watch
Hourly close above 159.50 psych opens fresh upside; rejection there would reinforce the divergence read
Loss of 159.10 intraday base would shift structure back toward 158.88 week low
Headline risk around MoF intervention rhetoric near current levels
21:00 UTC
Uptrend, fresh week high · RSI 67 · price 159.306
Higher highs since Monday range break.
Price broke out of the 158.75–159.05 range that capped Asia and London on Monday, with the NY session driving fresh week highs above 159.33. Pullbacks since the break have held the intraday higher-low near 159.15 and EMA(20) is supporting from below, RSI(14) elevated around 67.
Support: 159.15, 158.88, 158.75
Resistance: 159.50
What it said to watch
H1 close back below 159.15 would break the intraday higher-low sequence
Loss of 158.88 week low invalidates the breakout read
Intervention chatter referenced in news flow at 159.50 psych level
Higher highs after midweek pullback, breaking last week's range top.
USDJPY has cleared last week's 159.337 high during the NY session, with the pair grinding up through 159.00 psych and extending to a fresh 159.38 session high. Price has held above EMA20 since the Asia session reclaim, and RSI(14) is pushing into overbought near 70 as buyers absorb each dip. Intervention chatter is the only meaningful headwind into 159.50.
Support: 159.00, 158.875
Resistance: 159.38, 159.50
What it said to watch
Hourly close back below 159.00 would neutralise the breakout read
Failure to hold 158.875 week low confirms a lower-low
Intervention-related headlines near 159.50 round number could materially shift this read
RSI pushing further into overbought without follow-through opens bearish divergence risk
USDJPY pushed through last week's 159.337 high into the NY session, extending an uptrend that's been intact since Monday's 158.754 base. Pullbacks through the week have respected EMA20 around 159.10 and the 158.875 area held twice during Asia. RSI(14) at 71 shows momentum stretched as price prints fresh session highs at 159.379.
Support: 159.10, 158.875, 158.754
Resistance: 159.379, 159.50
What it said to watch
H1 close back below 159.100 ema20 would break the channel of higher lows
Failure at the 159.500 psych level after an extended NY run could mark exhaustion
Loss of 158.875 week low invalidates the breakout read
18:00 UTC
Uptrend, fresh weekly high · RSI 71 · price 159.305
Higher highs, higher lows since Monday.
USDJPY pushed through last week's 159.337 high during the NY session, extending an uptrend that's held higher lows since Monday's reopen near 158.77. Price is riding above EMA20 with RSI(14) in overbought territory, and the breakout came on the strongest H1 momentum of the week.
Support: 159.15, 158.77
What it said to watch
Hourly close back below 159.150 ema20 would weaken the breakout read
Failure to hold above the 159.337 week high on a retest signals false break
RSI is overbought; loss of momentum into Asia could invite a pullback toward the week low
Higher highs, breakout above last week's range top.
Price broke above last week's 159.337 high during the NY session, extending an uptrend that resumed after Monday's dip to 158.750 held as a double bottom with last Thursday's low. EMA(20) has supported every pullback since Tuesday's London open, and RSI(14) is now stretched into overbought near 71 as the breakout prints. The week's structure is a clean series of higher lows off 158.875.
Support: 159.09, 158.875, 158.75
Resistance: 159.50
What it said to watch
Hourly close back below 159.090 (ema20) would weaken the breakout read
Loss of 158.875 week pivot opens a return to the 158.750 week low
RSI overbought into 159.50 psych level — area to watch for rejection or break
USDJPY is pressing the week high at 159.347 into the NY session after basing twice near 158.75–158.87 through Asia and London. Price reclaimed EMA(20) around 159.00 and has trended higher for eight straight bars, with RSI(14) now stretched into overbought as buyers force the prior swing high. Structure is a clean higher-low sequence from yesterday's base; the break attempt is live but extended.
Support: 159.00, 158.87, 158.75
Resistance: 159.347
What it said to watch
Sustained H1 close above 159.347 week high confirms the breakout; failure prints a potential double top
Loss of EMA(20) near 159.00 would neutralise the breakout read and put 158.87 week low back in play
BoJ hike-risk headlines remain a JPY-side risk to this read
15:00 UTC
Uptrend, grinding higher · RSI 71 · price 159.286
Higher lows since Friday's pullback, breaking week highs.
USDJPY has reclaimed the upper end of the week's range during the NY session, with price grinding to 159.286 after a clean sequence of higher lows from Friday's 158.750 base. Buyers stepped in repeatedly at the EMA20 through the Asia and London sessions, and momentum extended into NY as the dollar firmed broadly post-Memorial Day. RSI(14) at 71 flags stretched conditions just below the week high at 159.347.
Support: 159.10, 158.88, 158.75
Resistance: 159.299, 159.347
What it said to watch
H1 close above 159.347 week high opens path toward 159.50
Rejection at 159.30 session high with RSI rolling from overbought would signal exhaustion
Loss of 159.10 EMA20 reopens the 158.880 week pivot
BoJ rhetoric on further hikes (Himino) remains a JPY-side risk to monitor