Published: 2026-10-27T14:24:14.000Z
Chart USD/JPY Update: Extending gains in USD- and JPY-driven trade
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Little change, as prices extend USD- and JPY-driven gains towards congestion resistance at 158.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.00 | ** | congestion | S1 | 157.00 | * | congestion | |
| R3 | 159.75 | ** | intraday lows | S2 | 155.95/00 | ** | 50% ret; congestion | |
| R2 | 159.00 | * | congestion | S3 | 155.25 | ** | 61.8% ret of Sep rally | |
| R1 | 158.00 | ** | congestion | S4 | 155.00 | minor congestion |
Asterisk denotes strength of level
14:05 GMT - Little change, as prices extend USD- and JPY-driven gains towards congestion resistance at 158.00. Rising intraday studies and unwinding oversold daily stochastics highlight room for a test above here. However, the flat daily Tension Indicator suggests initial scope could be limited in consolidation/range extension beneath 159.00, before improving weekly charts prompt a further break.
Meanwhile, support remains at congestion around 157.00. A close beneath here, if seen, would help to stabilise price action and prompt consolidation above strong support at 155.95/00.