USDJPY London briefing — 2026-07-29

BIAS NEUTRAL. H4 bullish vs. H1 neutral divergence, RSI mid-range (47), D1 structure lacks conviction—conflicting signals warrant caution before Fed decision. KEY LEVELS R: 164.00, 164.09 | S: 163.50, 161.30 NEWS 🔴 Fed Interest Rate Decision (Wed 18:00 UTC) 🟡 EIA Crude Oil Stocks (Wed 14:30 UTC) 🟡 MBA Mortgage Applications (Wed 11:00 UTC) SESSION OUTLOOK London opens with low-impact data; focus shifts to Fed at 18:00 UTC. Price near 163.59 lacks directional momentum—volatile close expected post-announcement. PRO UNLOCKS Entry, SL, TP targets, FVG zones, liquidity sweeps, Fibonacci levels—unlock with Pro membership.

Key Levels

R: 164.000 · 164.088

S: 163.500 · 161.302