USDJPY US Dollar/Japanese Yen

USDJPY London Session Report - 2026-04-16

Session London Session
Date April 16, 2026
Bias
🟒 Long
Confidence Medium

Session Snapshot

  • Open: 158.805
  • High: 159.059
  • Low: 158.741
  • Close: 158.900
  • Change: +0.06%
  • MCM State: Markup
  • Volume Context: High

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 158.740-158.800 Fresh Strong
D2 158.500-158.600 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 159.000-159.060 Fresh Strong
S2 159.200-159.300 Fresh Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 160.000 Strong +0.7%
R1 Structural 159.059 Moderate +0.1%
Current - 158.900 - -
S1 Structural 158.741 Strong -0.1%
S2 Psychological 158.500 Moderate -0.3%

Liquidity Hunt Map

  • Buy-Stop Clusters: 159.100, 159.500
  • Sell-Stop Clusters: 158.700, 158.400
  • Recent Sweeps: Session low at 158.741
  • Next Target: Buy stops at 159.100

Fear Factor Meter

FEAR [πŸ”΄πŸŸ πŸŸ‘πŸŸ’πŸŸ’πŸŸ’] GREED
              β–²
        Score: 6/10 - Mild Greed

Inputs: DXY=108.5, VIX=14.2, US10Y=4.52%

Directional Bias

  • Bias: Long
  • Confidence: Medium
  • Rationale: Fresh demand at session low held with high London volume supporting markup continuation amid USD strength.

Action Zones

Setup Entry Trigger TP1 TP2 SL
🟒 Long D1 158.740-158.800 Bullish engulfing 159.059 159.200 158.700

Momentum View

IF holds above 158.900 β†’ likely markup to S1 159.060; ELSE breaks D1 β†’ possible phase shift to distribution.