Published: 2026-03-03T14:33:09.000Z
Chart USD/JPY Update: Extending gains in both USD- and JPY-driven trade
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Anticipated gains have reached resistance at 158.00 in both USD- and JPY-driven trade
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 160.00 | ** | congestion | S1 | 157.50 | * | congestion | |
| R3 | 159.45 | ** | 14 Jan YTD high | S2 | 156.00 | * | congestion | |
| R2 | 159.00 | * | congestion | S3 | 155.00 | * | break level | |
| R1 | 158.00 | * | break level | S4 | 154.00 | * | congestion |
Asterisk denotes strength of level
13:50 GMT - Anticipated gains have reached resistance at 158.00 in both USD- and JPY-driven trade, with prices currently balanced just beneath here. Daily readings are rising and weekly stochastics are improving, suggesting room for a break above here towards congestion around 159.00. However, flat overbought daily stochastics and a bearish weekly Tension Indicator should limit any immediate tests in profit-taking/consolidation. Meanwhile, support is raised to congestion around 157.50. A close beneath here would turn sentiment neutral and prompt consolidation above further congestion around 156.00.