USDJPY Asia briefing — 2026-10-12

BIAS BULLISH. D1 + H4 + H1 trend alignment combined with bullish fair value gaps on H4 and H1 frames drive the bias. KEY LEVELS R: 158.5, 159.03 | S: 158.00, 154.22 NEWS 🟡 Fed Hammack speech (USD) Mon 16:50 UTC 🟡 Bank Lending YoY (JPY) Mon 23:50 UTC 🟡 PPI MoM (JPY) Mon 23:50 UTC SESSION OUTLOOK Asia opens with bullish structure intact. Watch 158.5 resistance; Hammack speech later may amplify USD momentum into Asia close.

Key Levels

R: 158.500 · 159.029

S: 158.000 · 154.221