USDJPY London briefing — 2026-10-06

BIAS BULLISH. D1 + H4 + H1 trend votes aligned; H4 and H1 fair value gaps bullish; RSI neutral supports upside without overbought risk. KEY LEVELS R: 158.5, 159.03 | S: 158.00, 152.96 NEWS 🔴 BoJ Governor Ueda speech (JPY) Tue 06:35 UTC 🟡 ADP Employment 4-week avg (USD) Tue 12:15 UTC SESSION OUTLOOK Ueda speech poses JPY volatility risk; watch reaction at 158.00 support. ADP and trade data follow; bullish structure remains valid unless sweep occurs below support.

Key Levels

R: 158.500 · 159.029

S: 158.000 · 152.957