USD/JPY – Daily Read
22 October 2026 | Forex | Titan Macro Desk
$157.61
Price on USD/JPY sits near 157.61, 0.3% lower on the session and sitting mid-range over the past month. The one-month average sits near 157.96, and price is below 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% down, leaving the structure as a pullback, slipping under the one-month average while the longer trend still points up. The levels that matter are 159.04 overhead, the past month’s swing high, about 0.9% above here, with 156.37 below as the shelf that has held, roughly 0.8% 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 bearish: a close above 159.04 would open room toward 163.99, while losing 156.37 would put 152.88 back in view.
Key levels: support 156.37 (0.8% below), resistance 159.04 (0.9% above), one-month average 157.96, three-month range 152.88 to 163.99.
This is analysis, not financial advice. Always do your own research and manage your risk.
