2026/10/10 Dollar-Yen・Gold・SP500・Nikkei 225 Environment
For behavior verification, we prepare weekly USD/JPY price-movement videos.
Note: The score signals and score lines in the video are only displayed on the future side. (They do not appear on the lower chart image)
USD/JPY
WeeklyThe long-term trend has not been broken, but the rising trend from April 2025 ends, and the ascent has cooled. The green horizontal line (pullback low) and the vicinity of the trendline show a stronger bounce, giving the impression that it may not fall further (tend to rise or move sideways).
Daily / 4-hourAfter a period of waiting and sideways movement, it has become a time to test higher. If next week or the week after it surpasses 159 yen, the chart may shift to an upside-testing pattern.
Gold
WeeklySince currency value depreciation is being anticipated, gold is expected to rise in the long term. Buying pressure should be strong, but in the near term, it is still in a downtrend with new lows and lower highs. If the rally weakens and falls below 4000, 3500 becomes a psychological level. Surpassing 4700 would signal a full upward trend.
Daily / 4-hourLooking at just the chart, a further decline could accelerate, but it has not broken down and has slightly fallen back within the green trendline. It could drift higher or move sideways. We will monitor.
S&P 500
WeeklyThe recent high has been exceeded and the uptrend continues. By nature, buying interest tends to be strong. The immediate upper level around 8,500 is in view, but I am considering reducing positions from just before that level.
Daily / 4-hourWith new highs in view, the uptrend is more likely. The timing suggests continued gains are feasible.
The uptrend continues, but whether it will rise sharply to the near-term ceiling of 80,000 is unclear.
Daily / 4-hourBreaking above 70,000 and new highs are in view. Going forward, whether it continues upward or moves sideways will require reading on smaller timeframes.
The attached image's indicator uses the following indicators.
If you are interested, please take a look.