USDJPY Asia briefing — 2026-05-05

BIAS BEARISH. H4 EMA bearish overrides neutral D1; RSI 46 supports downside continuation. KEY LEVELS R: 157.5, 160.72 | S: 157.00, 155.60 NEWS 🟡 Goods/Services Trade Balance (USD) 12:30 UTC 🟡 Goods Trade Balance (USD) 12:30 UTC 🟡 Redbook Index YoY (USD) 12:55 UTC SESSION OUTLOOK Watch 157.00 support hold during Asia trade. Weak US retail data may pressure USD lower into European open. PRO UNLOCKS [Unlock entry zones, SL placement, TP cascades, FVG liquidity, Fib levels — Pro subscribers only]

Key Levels

R: 157.500 · 160.716

S: 157.000 · 155.600