Market next move

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Disruption of the Bullish USD/JPY Analysis

1. Weak Bullish Momentum

The current bullish attempt is showing small-bodied candles with low follow-through.

Disruption: This suggests a lack of conviction from buyers. If there’s no strong bounce soon, it could indicate distribution rather than accumulation.


2. Volume Imbalance

Notice the recent spike in bearish volume (red bars), especially during the last price drop.

Disruption: Volume is supporting the downtrend, not the rebound. This suggests sellers are still in control.


3. Lower High Structure

The price recently failed to form a higher high and continues forming lower highs and lower lows.

Disruption: This pattern is a classic sign of a continuing bearish trend, contradicting the bullish target.


4. Fundamental Headwinds

The U.S. economic icon (flag) suggests an upcoming high-impact event — likely NFP, GDP, or rate decision.

Disruption: If U.S. data is weak or if there's talk of the Fed pausing rate hikes, USD could weaken, pushing USD/JPY further below 144.000.

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