
Technical analysis of USD/JPY (forex) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
USD/JPY is a currency pair that represents the exchange rate between the United States dollar and the Japanese yen. This financial instrument is traded in international foreign exchange markets and reflects the relative value of the two currencies.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
158.01 $
+0.05%
50 sessions
157.42 $
+0.43%
200 sessions
158.53 $
−0.28%
s2
157.62
Support
s1
158.07
Support
pivot
158.33
Pivot
r1
158.78
Resistance
r2
159.05
Resistance
In the October 20, 2026 session USD/JPY closed lower at 158.09 $, −0.27% versus the previous session.
The price sits mixed against its moving averages: +0.05% against the 21-session average, +0.43% against the 50 and −0.28% against the 200.
The 14-period RSI reads 53.1, in neutral territory.
MACD stands at 0.251 against a signal line at 0.248: the histogram is positive (+0.003).
ADX reads 17.5, indicating weak directionality.
Levels computed on the latest session place supports at 158.07 and 157.62 $ and resistances at 158.78 and 159.05 $, around a pivot of 158.33.
The average daily range (ATR) is 0.913 $, or 0.58% of price.
Over the last twelve months the price ranged between 152.90 and 163.98 $, and today stands −3.59% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is USD/JPY analysed technically?
Technical analysis of USD/JPY is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for USD/JPY?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to USD/JPY?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to USD/JPY it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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