Every read JAFX AI made on the USD/JPY weekly chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
19:02 UTC
Uptrend, extended · RSI 69 · price 161.439
Higher highs since April low, pressing range top.
Macro uptrend resumed off the April 2025 low near 141.6 and has carried price back into 40-year-low yen territory at 161.44, with the EMA(50) on W1 rising well below price — regime is firmly trending. The recent breakout above the 160.72 prior high keeps structure intact, but the advance is now parked just under the 162.00 intervention line flagged by officials. 161.10 is cited as strong support beneath spot, with the 160.00 round number the next shelf.
Support: 161.10, 160.00
Resistance: 162.00
What it said to watch
- Weekly close above 162.00 intervention line opens breakout risk toward 163
- Failure to hold 161.10 strong support exposes the 160.00 round number
- Japan Tankan (Jun 30) and US payrolls could materially shift this read
19:02 UTC
Uptrend, pressing intervention cap · RSI 71 · price 161.439
Higher highs since Apr-2025 low.
Macro regime is a sustained uptrend off the April-2025 low at 139.886, with the rally extending through 2025 to fresh multi-decade highs near 161.80; EMA(50) is rising and price holds well above it, leaving the trend structure intact. Price is now pressing the 162.00 intervention line flagged by MoF/BoJ, where yen weakness has been repeatedly capped. Weekly RSI sits in overbought territory, reflecting how stretched the move into 40-year extremes has become.
Support: 160.00
Resistance: 162.00, 161.81
What it said to watch
- Weekly close above 162.00 extends the trend but raises BoJ intervention risk into thin early-July liquidity
- Failure to hold 160.00 would break the rising structure
- US payrolls and Tankan ahead could materially shift this read