USDJPY London briefing — 2026-10-27

BIAS NEUTRAL. H4 EMA bullish conflicts with D1 bearish structure; H4/H1 FVGs diverge (bearish vs bullish); RSI centered; no sweep. KEY LEVELS R: 158.00, 158.96 | S: 157.50, 156.07 NEWS 🟡 ADP Employment Change 4-week avg (USD) – 12:15 UTC 🟡 Durable Goods Orders (USD) – 12:30 UTC 🟡 Durable Goods Orders ex Defense (USD) – 12:30 UTC SESSION OUTLOOK Three medium-impact US data prints at London close may spark directional bias. Watch reaction into 158.00 or 157.50 for conviction.

Key Levels

R: 158.000 · 158.962

S: 157.500 · 156.069