USDJPY Asia briefing — 2026-05-07

BIAS BEARISH. D1 structure confirms downtrend; H4/H1 EMAs aligned bearish; RSI neutral supports continuation without overbought rejection. KEY LEVELS R: 156.5, 160.7 | S: 156, 155.08 NEWS 🟡 BoJ Monetary Policy Minutes (Wed 23:50 UTC) 🟡 Foreign Bond Investment (Wed 23:50 UTC) 🟡 Foreign Investment Stocks (Wed 23:50 UTC) SESSION OUTLOOK Asia session opens near 156.44. Watch for BoJ minutes catalyst late-session; expect volatility if hawkish surprise. Support holds define downside commitment. PRO UNLOCKS Unlock exact short entries, SL placement, TP zones, FVG liquidity sweeps, Fib extensions, and session probability scores with Pro.

Key Levels

R: 156.500 · 160.716

S: 156.000 · 155.080