USDJPY London briefing — 2026-08-06

BIAS BEARISH. D1 structure weak; H4 EMA bearish despite H1 neutrality and RSI mid-range. Downside bias holds. KEY LEVELS R: 158, 164.09 | S: 157.5, 155.25 NEWS 🟡 Challenger Job Cuts (USD) 11:30 UTC 🟡 Initial Jobless Claims (USD) 12:30 UTC 🟡 Continuing Jobless Claims (USD) 12:30 UTC SESSION OUTLOOK US data cluster mid-session may trigger volatility. Watch 157.5 support; breaks below confirm continuation lower.

Key Levels

R: 158.000 · 164.088

S: 157.500 · 155.251