USD/JPY: 20-day volatility 0.244% daily (2nd pct)

On 2026-07-17, USD/JPY closed at 162.376, up 0.19% on the day. It trades at 97.2% of its 52-week range. Its RSI(14) of 60.55 is in the 77th percentile of its history since 1996, and its 20-day return of +0.67% in the 58th percentile. Leveraged-money positioning is net -22.8% of open interest, in the 24th percentile of its own two-year range. Its 20/50/200-day moving averages are 162.012 / 160.436 / 157.333, with price +0.22% / +1.21% / +3.21% against them. Its 52-week range is 146.217–162.836; it closed 0.28% below the high and 11.05% above the low. Its 20-day volatility is 0.244% daily, in the 2nd percentile of its history since 1996. Its 14-day average true range (ATR) is 0.69 (69 pips), 0.42% of price. It has returned +0.01% over 5 days and +1.65% over 60 days.

=== USD/JPY  (pip 0.01) ===
  >> close 162.376  +0.188%   · 20d vol 0.244% daily (2nd pct, since 1996 (7675 obs))
     cross-signal: flow signals align USD/JPY up: daily %, 20d return
  price & change   (as of 2026-07-17, prior 2026-07-16)
    close       162.376
    change      +0.304  (+0.188%, +30.4 pips)
    gap         +0.309  (+30.9 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-07-17)
    range       0.320  (32.0 pips)
    close pos   71.6% of range
  moving averages  (as of 2026-07-17)
     20d MA     162.012   price above by +0.22%
     50d MA     160.436   price above by +1.21%
    200d MA     157.333   price above by +3.21%
    price > all MAs
    stack: 20d > 50d > 200d
  volatility       (as of 2026-07-17)
    20d stdev   0.244% daily ≈ 3.9% annualized (×√252)   (2nd pct of own history, since 1996 (7675 obs))
    vs easing-2024 avg  0.41× (0.244% vs 0.593% era avg)
  ATR              (as of 2026-07-17)
    ATR(14)    0.690  (69.0 pips)
    ATR%        0.42%   (1st pct of own history, since 1996 (7681 obs))
    range/ATR   46.4%
  52-week range    (as of 2026-07-17)
    high        162.836   (-0.28% from high)
    low         146.217   (+11.05% from low)
  momentum         (as of 2026-07-17)
    RSI(14)     60.55   (77th pct of own history, since 1996 (7681 obs))
  returns          (as of 2026-07-17)
     5d return  +0.01%
    20d return  +0.67%
    60d return  +1.65%
  volatility by rate-era
    pre-crisis       0.8804%   (from 1996-10-30)
    ZIRP-2009        0.6396%
    tightening-2015  0.5829%
    ZIRP-2019        0.4159%
    tightening-2022  0.6795%
    easing-2024      0.5929%
  positioning      (as of 2026-07-14)
    next COT     as of 2026-07-21 (released ~that Fri, later if a holiday intervenes)
    net         -90,461 contracts (net short JPY; = long USD in USD/JPY terms)
    net % OI    -22.8%
    net%OI range -33.5% … +10.5% (own 133w)
    w/w change  -378
  cross-asset corr (26w weekly returns; async daily closes cap the magnitude)  (as of 2026-07-17)
    vs DXY      +0.54
    vs S&P 500  -0.10
    vs DXY beta +0.75 (26w)