USDJPY London briefing — 2026-10-15

BIAS BULLISH. Daily structure and combined H4/H1 EMA trend votes drive direction despite H1/H4 fair value gaps offering pullback targets. KEY LEVELS R: 158.00, 159.03 | S: 157.50, 155.89 NEWS 🟡 Initial Jobless Claims (USD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC 🟡 Initial Jobless Claims 4-week average (USD) Thu 12:30 UTC SESSION OUTLOOK Data releases test 157.50 support. Watch for clean break above 158.00 to confirm bullish continuation into London close.

Key Levels

R: 158.000 · 159.029

S: 157.500 · 155.886