USDJPY New York briefing — 2026-10-29

BIAS BULLISH. H4 and H1 EMAs aligned bullish; combined trend vote supports upside despite bearish D1 structure and H4 fair value gaps. KEY LEVELS R: 158.96242, 158 | S: 157.5, 156.06874 NEWS 🔴 Core PCE MoM (Thu 12:30 UTC) 🔴 Core PCE YoY (Thu 12:30 UTC) 🟡 Jobless Claims (Thu 12:30 UTC) SESSION OUTLOOK Monitor PCE prints for USD reaction. Bullish setup targets resistance; watch H1 FVG zones for momentum confirmation or reversal signals into New York close.

Key Levels

R: 158.000 · 158.962

S: 157.500 · 156.069