USDJPY InsightUS Dollar/Japanese YenFX:USDJPYshawntime_academyHello everyone, welcome back. Please share your personal opinions in the comments. Don’t forget to boost and subscribe. Key Points - ECB Executive Board member Isabel Schnabel expressed concerns, stating that “upside risks to inflation remain dominant, with tariffs, service prices, food prices, and fiscal policy potentially acting as contributing factors.” - New York State’s September manufacturing index dropped sharply to -8.7, down 20.6 points from the previous month’s 11.9, fueling recession worries in the market. - U.S. President Trump stated via Truth Social that the U.S.–China trade talks held on September 14–15 “went very well,” and announced he plans to discuss the negotiations with Chinese President Xi Jinping on the 19th. - The Bank of Japan will hold its monetary policy meeting on the 19th, where it is expected to keep the benchmark interest rate unchanged at 0.50%. Major Economic Events This Week + Sep 16: U.S. August retail sales, Canada August CPI + Sep 17: Eurozone August CPI, Bank of Canada rate decision, FOMC statement + Sep 18: Bank of England rate decision + Sep 19: Bank of Japan rate decision USDJPY Chart Analysis Once again, support was confirmed around the 146 level, with the pair rebounding to maintain its range-bound movement. Since the rise started from a low, an upside move toward the 149 level can be expected. However, depending on market variables, the range could break: - A downside break may lead to further declines toward the 144 level. - A breakout above resistance could open the way for gains up to 151.