USDJPY US Dollar/Japanese Yen

USDJPY London Session Report - 2026-04-23

Session London Session
Date April 23, 2026
Bias
🟒 Long
Confidence Medium

Session Snapshot

  • Open: 159.294
  • High: 159.549
  • Low: 159.231
  • Close: 159.390
  • Change: +0.06%
  • MCM State: Markup
  • Volume Context: High

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 159.231-159.294 Fresh Strong
D2 159.100-159.200 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 159.500-159.549 Fresh Strong
S2 159.700-159.800 Tested Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 160.000 Strong +0.39%
R1 Structural 159.550 Moderate +0.10%
Current - 159.390 - -
S1 Structural 159.300 Strong -0.06%
S2 Psychological 159.000 Moderate -0.25%

Liquidity Hunt Map

  • Buy-Stop Clusters: 159.550, 160.000
  • Sell-Stop Clusters: 159.230, 159.000
  • Recent Sweeps: 159.231 session low
  • Next Target: 159.550 buy stops

Fear Factor Meter

FEAR [🟠🟑🟒🟒🟒] GREED
              β–²
        Score: 6/10 - Neutral-Greed

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

Directional Bias

  • Bias: Long
  • Confidence: Medium
  • Rationale: London high volume supports markup continuation from session open, with fresh demand holding low; watch Core Retail Sales for confirmation.

Action Zones

Setup Entry Trigger TP1 TP2 SL
🟒 Long D1 159.231-159.294 Spring rejection 159.550 159.700 159.200

Momentum View

IF pullback holds D1 fresh zone with bullish OB window β†’ likely markup to S1, trail stops on higher lows.