Session Snapshot
- Open: 157.820
- High: 158.250
- Low: 157.680
- Close: 158.097
- Change: +0.18%
- MCM State: Markup (bullish momentum)
- Volume Context: High (prime Asian session pair)
- News Catalyst: USD strength (DXY +0.30%) + JPY weakness driving upside; BOJ maintaining ultra-dovish stance
Fundamental Drivers
USD/JPY in markup phase as USD strengthens (DXY 99.14) and JPY weakens on BOJ dovish stance. Interest rate differential favoring USD. No major BOJ events today but watch for any surprise commentary. Pair benefiting from high Asian session volume—technical levels highly reliable.
News Risk Assessment
- Event Risk: Low (no BOJ events scheduled)
- Impact: Technical trading dominant; watch for surprise BOJ commentary
- Action: Safe to trade S/D zones; high volume makes Asian session setups favorable
Supply/Demand Zones
Demand Zones
| Zone | Range | Status | Strength |
|---|---|---|---|
| D1 | 157.500-157.700 | Fresh | Strong |
| D2 | 157.000-157.200 | Tested Once | Moderate |
| D3 | 156.200-156.400 | Fresh | Strong |
Supply Zones
| Zone | Range | Status | Strength |
|---|---|---|---|
| S1 | 158.500-158.700 | Fresh | Strong |
| S2 | 159.000-159.200 | Fresh | Moderate |
| S3 | 160.000-160.200 | Untested | Strong |
Support/Resistance Matrix
| Level | Type | Price | Strength | Distance |
|---|---|---|---|---|
| R3 | Psychological | 160.000 | Strong | +1.20% |
| R2 | Structural | 159.000 | Moderate | +0.57% |
| R1 | Session High | 158.250 | Moderate | +0.10% |
| Current | - | 158.097 | - | - |
| S1 | Structural | 157.800 | Moderate | -0.19% |
| S2 | Session Low | 157.680 | Moderate | -0.26% |
| S3 | Psychological | 157.000 | Strong | -0.69% |
Liquidity Hunt Map
- Buy-Stop Clusters: Above 158.500 (supply zone + breakout level)
- Sell-Stop Clusters: Below 157.500 (demand zone + round number proximity)
- Recent Sweeps: None; clean markup phase
- Next Target: Likely continuation to 158.500 supply to hunt buy-stops, then possible retracement to 157.800
Fear Factor Meter
FEAR [🟡🟡🟡🟢🟢🟢🟢⚪⚪⚪] GREED
▲
Score: 6/10 — Cautiously Bullish
Inputs: DXY=99.14 (+0.30%), USD/JPY +0.68% daily, BOJ dovish, high Asian volume = bullish sentiment
Directional Bias
- Bias: Long
- Confidence: High
- Rationale: Markup phase with clean bullish structure. High Asian volume validates S/D zones. USD strength + JPY weakness = favorable trend. Fresh demand at 157.500-157.700 likely to provide dip-buying opportunity. Target 158.500 supply.
Action Zones
| Setup | Entry | Trigger | TP1 | TP2 | SL |
|-------|-------|---------|-----|-----|----||
| 🟢 Long | 157.700-157.900 | Bullish rejection at D1 | 158.250 | 158.500 | 157.600 |
| 🟢 Long | 157.500-157.700 | Deep pullback to fresh D1 | 158.000 | 158.500 | 157.400 |
| 🔴 Short | 158.500-158.700 | Bearish rejection at S1 | 158.100 | 157.700 | 158.800 |
Momentum View
"Markup phase with high Asian volume suggests continuation highly likely toward 158.500 supply zone. IF fresh demand at 157.700 holds → probable rally to 158.500. Fresh supply at 158.500-158.700 likely to provide resistance unless DXY surges above 99.50. Risk-reward favors buying pullbacks to demand over chasing—patience for 157.700-157.900 retest offers favorable long entry with tight stops."