2026/10/3 Dollar Yen, Gold, SP500, and Nikkei 225 environment
For behavior verification, we provide a weekly video of USD/JPY price movements.
Note: The score signals and score lines in the video are only displayed on the future side. They will not appear on the lower chart image.
USD/JPY
WeeklyThe long-term trend has not broken, but the uptrend from April 2025 is ending, and the upward move has cooled. There is a strong tendency for rebounds around the green horizontal line (support) or the trendline, making further declines less likely (tending to move up or sideways).
Daily & 4-hourIf it does not fall and does not rise, and if next week price exceeds 159, it will tend to be slightly more bullish. For now, I expect a sideways hold with watching.
Gold
WeeklySince currency value is perceived to be falling, in the long term gold should continue to rise. Buying pressure should be strong, but in the near term a new low and lower high (downward trend) is still in play. If the rise weakens and price breaks below 4000 yen, 3500 becomes a notable level.
Daily & 4-hourFrom a scoring perspective, it is calm, but it is within a small downward move within a larger decline. The 4-hour MA is pointing downward, and the lower resistance is likely to be breached. Probably in the near term the green trendline will be broken downward next, with 4000 yen being a notable threshold; if the decline accelerates, it may temporarily break below there as well.
S&P 500
WeeklyRecent highs have been exceeded, confirming continued upward momentum. Culturally, buying tends to be favorable. In the near term, the 8500 level seems to be watched, but I plan to reduce positions before reaching that level.
Daily & 4-hourTiming suggests a tendency to test new highs, but it seems unable to push higher. If it cannot rise further, it may switch to testing lower levels. Since the last drop did not complete, I expect near-term sideways movement or a new high.
Nikkei 225
WeeklyThe upward trend continues, but whether it will rise sharply to the near-term upper limit of 80,000 is uncertain.
Daily & 4-hourIt was a moment to attempt a rise, but it did not突破 70,000, and the bullish atmosphere was postponed. The recent high has been surpassed by a wick, so we are watching for a pullback to trigger a breakout above 70,000.
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