2026-09-01 · FOREX
US Dollar / Yen (USD/JPY) Daily Analysis
SELL
50% confidence · 159.69 JPY
TREND
The USD/JPY daily chart shows a mixed trend, with the price at 159.69 JPY trading above the EMA9 (159.42) and EMA21 (159.56), but below the EMA50 (160.03).
SUMMARY
USD/JPY is at a critical juncture, with a neutral Spinning Top pattern indicating indecision. While short-term momentum shows the price at 159.69 JPY above the EMA9 (159.42) and EMA21 (159.56), the pair struggles below the key EMA50 at 160.03 and resistance at 160.1. The bearish MACD at -0.3 further suggests underlying selling pressure, despite a neutral RSI of 49.71. This confluence of factors points to a potential downside if resistance holds.
SUPPORT
156.83
RESISTANCE
160.1
TIMEFRAME BIAS
Short-term momentum is slightly bullish as price is above EMA9 and EMA21, but the medium-term bias remains bearish with price below EMA50 and a bearish MACD.
PATTERNS
Spinning Top: Indecision between buyers and sellers, often appearing at key turning points or after a significant move.