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USDJPY at 158.187, London range 18.2 pips

US Trade Balance is due at 12:30 UTC, the next release on the calendar

USDJPY · London session · Published Oct 6, 2026, 8:30 AM

USDJPY last traded at 158.187, inside a London session that has run 18.2 pips between 158.055 and 158.238. The nearest level above is the previous session high at 158.247, 6 pips away, and the nearest below is the round number at 158.000, 18.7 pips away.

Asia traded a 47.8 pip range, opening at 157.966 and closing at 158.143. The prior trading day covered 86.0 pips, and an ordinary day of the last 14 covers 125.7 pips, with the latest day at the 31st percentile of the last 42 days, which the volatility source calls an ordinary day for this market.

The next release is USD Trade Balance at 12:30 UTC, with forecast -100.8B and previous -88.6B. Over 50 past releases of that family, USDJPY moved 12.54 pips on average in the first 15 minutes and 16.34 in the first 60, in either direction.

Large speculators are net long 55440 contracts, a weekly change of -16542, the 8th percentile of the last 52 weekly reports. The loudest headline for USDJPY is from Action Forex at 07:55 UTC, graded impact 2 of 3, on the BoJ shifting focus to anchoring inflation.

Session brief

  1. USDJPY, London sessionOpen 158.143, high 158.238, low 158.055, close 158.187: a range of 18.2 pips over 91 minutes, from our own one-minute candles.
  2. USDJPY reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  3. USDJPY, Asia sessionOpen 157.966, high 158.247, low 157.770, close 158.143: a range of 47.8 pips over 591 minutes, from our own one-minute candles.
  4. USDJPY daily rangeAn ordinary day of the last 14 covers 125.7 pips. The latest day sits at the 31st percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. USD Trade BalanceScheduled 2026-10-06 12:30 UTC, impact 2 of 3. Forecast -100.8B. Previous -88.6B. From Forex Factory.
  6. USDJPY reaction to trade_balance_usdOver 50 past releases USDJPY moved 12.54 pips on average in the first 15 minutes and 16.34 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 097741Large speculators are net long 55440 contracts, a change of -16542 on the week. That is the 8th percentile of the last 52 weekly reports.
  8. BoJ Ueda Shifts Focus to Anchoring Inflation as 2% Target Comes Into ReachAction Forex. Graded impact 2 of 3 for USDJPY by our headline classifier.

Written once by FxMind's desk from our own market data, the same text every reader sees.

Context on the market, not a trade recommendation. The decision is the trader's.