Research preview

Technical read USD/JPY trades near 159.98 with higher highs and higher lows H1 structure, higher highs and higher lows H4 structure and a mixed daily trend. The first useful support band is 159.83/159.64/159.54, while the topside decision band is 160.88/161.51/161.59. H1 RSI is 77.1 and stochastic is 87.9/89.9, so the report should treat momentum as stretched rather than forcing a one-line call. H1 EMA20/EMA50 are 159.59/159.44, with MA50/100/200 at 159.43/159.30/159.13. D1 EMA20/EMA50/MA200 are 159.37/159.91/158.71. No fresh 20/50 EMA crossover is active. A/D points to accumulation on H1 and accumulation on D1. Treat this as confirmation, because tick volume is directional pressure rather than exchange volume. H1 RSI is 77.1 and...