USDJPY London briefing — 2026-10-13

BIAS BULLISH. Daily structure, H4 EMA, and H1 EMA combined with bullish H4 and H1 fair value gaps drive conviction despite neutral RSI. KEY LEVELS R: 158.5, 159.03 | S: 158.00, 154.90 NEWS 🟡 Waller speech (USD) 07:45 UTC 🟡 ADP 4-week avg (USD) 12:15 UTC 🟡 NFIB Optimism (USD) 10:00 UTC SESSION OUTLOOK Watch Waller remarks for dollar momentum into London. FVG bullish structures invite longs into resistance zones.

Key Levels

R: 158.500 · 159.029

S: 158.000 · 154.897