USD/JPY: 99.9% of its 52-week range

On 2026-07-22, USD/JPY closed at 163.186, up 0.43% on the day. It trades at 99.9% of its 52-week range. Its RSI(14) of 67.98 is in the 91st percentile of its history since 1996, and its 20-day return of +0.98% in the 63rd percentile. Leveraged-money positioning is net -22.8% of open interest, in the 24th percentile of its own two-year range. It is trading above its 20-, 50- and 200-day moving averages. Its 20/50/200-day moving averages are 162.191 / 160.764 / 157.486, with price +0.61% / +1.51% / +3.62% against them. Its 52-week range is 146.217–163.198; it closed 0.01% below the high and 11.61% above the low. Its 20-day volatility is 0.259% daily, in the 3rd percentile of its history since 1996. Its 14-day average true range (ATR) is 0.662 (66.2 pips), 0.41% of price. It has returned +0.62% over 5 days and +2.28% over 60 days.

=== USD/JPY  (pip 0.01) ===
  >> close 163.186  +0.430%   · 52wk position 99.9% of range (52wk)
     cross-signal: flow signals align USD/JPY up: daily %, 20d return
  price & change   (as of 2026-07-22, prior 2026-07-21)
    close       163.186
    change      +0.699  (+0.430%, +69.9 pips)
    gap         +0.681  (+68.1 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-07-22)
    range       0.348  (34.8 pips)
    close pos   96.6% of range
  moving averages  (as of 2026-07-22)
     20d MA     162.191   price above by +0.61%
     50d MA     160.764   price above by +1.51%
    200d MA     157.486   price above by +3.62%
    price > all MAs
    stack: 20d > 50d > 200d
  volatility       (as of 2026-07-22)
    20d stdev   0.259% daily ≈ 4.1% annualized (×√252)   (3rd pct of own history, since 1996 (7678 obs))
    vs easing-2024 avg  0.44× (0.259% vs 0.592% era avg)
  ATR              (as of 2026-07-22)
    ATR(14)    0.662  (66.2 pips)
    ATR%        0.41%   (0th pct of own history, since 1996 (7684 obs))
    range/ATR   52.6%
  52-week range    (as of 2026-07-22)
    high        163.198   (-0.01% from high)
    low         146.217   (+11.61% from low)
  momentum         (as of 2026-07-22)
    RSI(14)     67.98   (91st pct of own history, since 1996 (7684 obs))
  returns          (as of 2026-07-22)
     5d return  +0.62%
    20d return  +0.98%
    60d return  +2.28%
  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      0.5918%
  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 2026-07-22)
    vs DXY      +0.59
    vs S&P 500  -0.10
    vs DXY beta +0.92 (26w)