Market Overview for Sei/Yen (SEIJPY) on 2025-12-30

Summary
• Price action showed a broad V-shaped recovery after a sharp drop to 17.53, forming a bullish reversal pattern.
• RSI hit oversold levels below 30, signaling potential short-term buying interest.
• Bollinger Bands expanded significantly during the downward move, indicating heightened volatility.
• Volume spiked during the 06:30 ET to 08:30 ET period as the price rebounded.
• Turnover exceeded $1.2 million during the key 5-hour rebound, suggesting meaningful institutional activity.

At 12:00 ET−1, Sei/Yen (SEIJPY) opened at 17.95, dropped to a 24-hour low of 17.47, and closed at 17.64 as of 12:00 ET. Total volume reached 716,680 units, with notional turnover of $12.36 million. The 24-hour candle formed a long lower shadow and a broad V-reversal.

Structure & Key Levels

The price found strong support near 17.50–17.53 during the 06:30–07:30 ET rebound, which could become a critical psychological level for further bounces. A bullish engulfing pattern formed at 06:30 ET, indicating a potential shift in momentum. Resistance levels appear at 17.80–17.83 and 17.96–17.99, based on recent failed breakouts and intraday highs.

Momentum and Volatility

The RSI reached oversold territory below 30, suggesting possible short-term buying pressure. MACD turned positive after a bearish crossover earlier in the session, now hinting at a potential reversal. Bollinger Bands widened significantly during the downward move, confirming increased volatility during the 06:30–08:00 ET rebound.

Volume and Turnover Dynamics

Volume surged to over 70k units at 06:30 ET, coinciding with the price rebound from 17.53. Turnover reached $1.2 million during the 06:30–08:30 ET window, confirming the strength of the bounce. However, volume has remained subdued since 10:00 ET, which may indicate a lack of conviction in the new upward trend.

Projection and Risk

The formation of a bullish reversal pattern with strong support at 17.50–17.53 may attract buyers in the next 24 hours. A test of 17.80–17.83 could follow if the bounce holds. However, a retest of the 17.50 level carries the risk of a bearish breakdown if volume fails to confirm the move. Investors should monitor volume and RSI divergence for early signs of a reversal.