USDJPY New York briefing — 2026-05-05

BIAS BULLISH. D1 structure overrides mixed hourly signals; RSI neutral supports upside continuation from 157.73. KEY LEVELS R: 158.00, 160.72 | S: 157.50, 155.60 NEWS 🟡 S&P Global Composite PMI (USD) — 13:45 UTC 🟡 S&P Global Services PMI (USD) — 13:45 UTC 🔴 Redbook Index YoY (USD) — 12:55 UTC SESSION OUTLOOK PMI data at 13:45 UTC drives volatility; watch if composite exceeds services strength. Price targets 158 resistance on upside momentum. PRO UNLOCKS Unlock precise entry zones, SL placement, TP1/TP2 targets, FVG levels, liquidity sweeps—Pro members only.

Key Levels

R: 158.000 · 160.716

S: 157.500 · 155.600