USDJPY London briefing — 2026-10-08

BIAS BULLISH. D1 structure, H4 and H1 EMAs, and H4 fair value gaps align upward; RSI neutral supports continuation without overbought risk. KEY LEVELS R: 158.5, 159.03 | S: 158.00, 153.22 NEWS 🟡 Fed's Waller speech – 08:30 UTC 🟡 Initial Jobless Claims – 12:30 UTC 🟡 Continuing Jobless Claims – 12:30 UTC SESSION OUTLOOK Watch 158.5 resistance during London morning; jobless claims and Waller remarks may trigger USD volatility mid-session.

Key Levels

R: 158.500 · 159.029

S: 158.000 · 153.220