USD/JPY Pressure Watch At 158.163

Research preview

Technical read USD/JPY trades near 158.39 with lower highs and lower lows H1 structure, range compression H4 structure and a bearish daily trend. The first useful support band is 158.16/158.04/157.96, while the topside decision band is 158.50/158.60/159.00. H1 RSI is 15.6 and stochastic is 24.5/24.6, so the report should treat momentum as washed out rather than forcing a one-line call. H1 EMA20/EMA50 are 158.98/159.22, with MA50/100/200 at 159.38/159.31/159.13. D1 EMA20/EMA50/MA200 are 159.50/160.18/158.60. Fresh crossover: H4 bearish 20/50 EMA cross. 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 15.6 and stochastic is...