JPY Index – Is a Larger Reversal Starting?Since mid-January, when the JPY Index printed a new all-time low, I’ve been discussing the possibility of a meaningful reversal in yen pairs.
Since then, the 670 zone has acted as a strong support level, triggering rebounds each time price approached it.
However, every recovery attempt so far has
JPY Index — Reversal Signal Confirmed. EurJpy&GbpJpy in focusA week ago, I argued that a strong reversal could be next for JPY pairs, based on one key observation:
✅ the JPY Index was trading at an all-time low, but price action was contained inside a falling wedge — a pattern that often signals trend exhaustion and a reversal just around the corner.
And as
New ATL, But the Structure Hints at a Potential ReversalAfter breaking support with a strong weekend gap in early October, the JPY Index continued its decline and last week printed a new all-time low, falling even below the extreme levels seen in mid-2024.
The trend is clearly bearish — but the context matters.
🔎 Why This New Low Could Matter
If we
JPXY 1D TFFirst, note that price is currently in a downward trend. You can review my recent analysis on JPYX for better context on what I’m observing. At the moment, price is sitting on a strong demand level, and I anticipate a move toward the premium zone around 745–750 before potential sell opportunities em
Bearish move anticipation for GJ.Based on JPYX recent move on the weekly TF, price was seen to have been able to enter into the order block as seen in the shaded area from the video. Transposing to 4hr TF, price has also been able to retrace into the 4hr bullish OB shown in the video. I'm expecting a a massive bearish move for XXXJ
JPY Index – At a Critical JunctureLast month, I pointed out that the JPY Index was sitting in a very important support zone, making pairs like GBP/JPY and EUR/JPY worth keeping on traders’ radar.
Indeed, the index rebounded, which translated into a drop for both EUR/JPY and GBP/JPY. After the initial bounce, the index returned to t
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Displays a symbol's value movements over previous years to identify recurring trends.









