USDJPY Asia briefing — 2026-10-19

BIAS BEARISH. Combined trend vote (D1 + EMA H4 + EMA H1), H4 fair value gaps, and H1 bearish EMA drive downside pressure despite neutral RSI. KEY LEVELS R: 159.03 | 158.5 | S: 158.00 | 156.38 NEWS 🟡 Tertiary Industry Index (JPY) 04:30 UTC 🟡 NAHB Housing Market Index (USD) 14:00 UTC 🟡 3-Month Bill Auction (USD) 15:30 UTC SESSION OUTLOOK Watch price respect 158.00 support in early Asia. H1 bearish EMA conflicts H4 neutral—retest of 156.38 likely if support breaks cleanly.

Key Levels

R: 158.500 · 159.029

S: 158.000 · 156.383