USDJPY New York briefing — 2026-10-28

BIAS NEUTRAL. H4 EMA bullish conflicts with D1 bearish structure; H1/H4 fair value gaps diverge directionally. KEY LEVELS R: 158.00, 158.96 | S: 157.50, 156.07 NEWS 🟡 Goods Trade Balance, Wholesale Inventories (Wed 12:30 UTC) 🟡 EIA Crude Oil Stocks (Wed 14:30 UTC) SESSION OUTLOOK Data releases may trigger volatility around support/resistance zones. Range-bound price action likely until conviction emerges above 158 or below 157.50.

Key Levels

R: 158.000 · 158.962

S: 157.500 · 156.069