Published: 2026-01-13T14:22:58.000Z
Chart USD/JPY Update: Higher in JPY-driven trade
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Cautious trade around 158.00 has given way to steady JPY-driven gains
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 163.95 | * | December 1986 (m) high | S1 | 158.00 | * | break level | |
| R3 | 161.95 | ** | July 2024 (y) high | S2 | 157.00 | congestion | ||
| R2 | 160.00 | ** | congestion | S3 | 156.00 | * | congestion | |
| R1 | 158.88 | ** | 10 January 2025 (y) high | S4 | 155.00 | * | break level |
Asterisk denotes strength of level
14:05 GMT - Cautious trade around 158.00 has given way to steady JPY-driven gains, with prices currently consolidating the test of strong resistance at the 158.88 year high of 10 January 2025. Daily readings remain positive and broader weekly charts are improving, highlighting room for still further gains in the coming sessions. A break above 158.88 will improve sentiment and extend April 2025 gains initially towards congestion around 160.00. Meanwhile, support is raised to 158.00. A close back beneath here will help to stabilise price action and give way to consolidation above congestion around 156.00.