USDJPY New York briefing — 2026-10-07

BIAS BULLISH. Trend alignment (D1 + H4 + H1 EMAs) combined with bullish H4 and H1 fair value gaps drive conviction, despite liquidity sweep of highs creating headwind. KEY LEVELS R: 158.5, 159.03 | S: 158.0, 153.22 NEWS 🟡 EIA Crude Oil Stocks Change, Distillate Stocks Change, Gasoline Stocks Change — 14:30 UTC (low impact) SESSION OUTLOOK Price tests 158.5 resistance in early New York. EIA data may create volatility; monitor rejection or breakout at resistance for continuation bias.

Key Levels

R: 158.500 · 159.029

S: 158.000 · 153.220