USD/JPY: 99.4% of its 52-week range

On 2026-07-29, USD/JPY closed at 163.864, up 0.06% on the day. It trades at 99.4% of its 52-week range. Its RSI(14) of 70.18 is in the 94th percentile of its history since 1996, and its 20-day return of +0.76% in the 60th percentile. RSI above 70 is conventionally termed overbought. Leveraged-money positioning is net -22.7% of open interest, in the 25th 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 162.604 / 161.268 / 157.796, with price +0.77% / +1.61% / +3.85% against them. Its 52-week range is 146.217–163.979; it closed 0.07% below the high and 12.07% above the low. Its 20-day volatility is 0.265% daily, in the 4th percentile of its history since 1996. Its 14-day average true range (ATR) is 0.653 (65.3 pips), 0.40% of price. It has returned +0.42% over 5 days and +3.92% over 60 days.

=== USD/JPY  (pip 0.01) ===
  >> close 163.864  +0.057%   · 52wk position 99.4% of range (52wk)
     cross-signal: flow signals align USD/JPY up: 20d return, daily %
  price & change   (as of 2026-07-29, prior 2026-07-28)
    close       163.864
    change      +0.093  (+0.057%, +9.3 pips)
    gap         +0.087  (+8.7 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-07-29)
    range       0.590  (59.0 pips)
    close pos   96.8% of range
  moving averages  (as of 2026-07-29)
     20d MA     162.604   price above by +0.77%
     50d MA     161.268   price above by +1.61%
    200d MA     157.796   price above by +3.85%
    price > all MAs
    stack: 20d > 50d > 200d
  volatility       (as of 2026-07-29)
    20d stdev   0.265% daily ≈ 4.2% annualized (×√252)   (4th pct of own history, since 1996 (7683 obs))
    vs easing-2024 avg  0.45× (0.265% vs 0.590% era avg)
  ATR              (as of 2026-07-29)
    ATR(14)    0.653  (65.3 pips)
    ATR%        0.40%   (0th pct of own history, since 1996 (7689 obs))
    range/ATR   90.4%
  52-week range    (as of 2026-07-29)
    high        163.979   (-0.07% from high)
    low         146.217   (+12.07% from low)
  momentum         (as of 2026-07-29)
    RSI(14)     70.18   (94th pct of own history, since 1996 (7689 obs))
  returns          (as of 2026-07-29)
     5d return  +0.42%
    20d return  +0.76%
    60d return  +3.92%
  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      0.5898%
  positioning      (as of 2026-07-21)  (predates 2026-07-29 FOMC)
    next COT     as of 2026-07-28 (released ~that Fri, later if a holiday intervenes)
    net         -96,185 contracts (net short JPY; = long USD in USD/JPY terms)
    net % OI    -22.7%
    net%OI range -33.5% … +10.5% (own 134w)
    w/w change  -5,724
  cross-asset corr (26w weekly returns; async daily closes cap the magnitude)  (as of 2026-07-29)
    vs DXY      +0.60
    vs S&P 500  -0.12
    vs DXY beta +0.75 (26w)