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USD/JPY Daily Outlook

Analytic Dave

May 7, 2026

Daily Pivots: (S1) 157.35; (P) 157.63; (R1) 158.18; More… USD/JPY fell sharply after reject below 55 4H EMA (now at 158.06). The decline from 160.71 high is resuming and intraday bias is back on the downside for 61.8% projection of 160.71 to 155.48 from 157.92 at 154.68. Firm break there will target 100% projection at […]

The post USD/JPY Daily Outlook appeared first on ActionForex.

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Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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