USDJPY: Daily Read | 2026-10-19

Price on USD/JPY sits near 158.14, 0.1% higher on the session and holding in the upper half of its one-month range. The one-month average sits near 157.97, and price is above it, so that line is the pivot the two-way traffic keeps returning to. Momentum has gone quiet over the last two weeks, roughly 0.2% up, leaving the structure as a clean uptrend, price above both its one-month and longer averages. The levels that matter are 159.04 overhead, the past month’s swing high, about 0.6% above here, with 155.29 below as the shelf that has held, roughly 1.8% down; the 160.00 and 155.00 round numbers are the nearer handles. Zoom out and the last three months have ranged between 152.88 and 163.99, which frames the bigger picture. For now the tilt is bullish: a close above 159.04 would open room toward 163.99, while losing 155.29 would put 152.88 back in view.

Key levels: support 155.29 (1.8% below), resistance 159.04 (0.6% above), one-month average 157.97, three-month range 152.88 to 163.99.