Market Overview for Sei/Yen (SEIJPY) on 2026-01-12

Summary
• Price fell from 19.43 to 18.82 as bearish momentum picked up in late ET trading.
• Volume spiked to 12,964 at 01:15 ET, confirming a key breakdown below 19.00.
• A 18.82 low marked a possible support level with divergent volume signaling caution.
• Bollinger Bands tightened earlier in the session before a sharp expansion post-01:00 ET.
• RSI dropped below 30 near session end, hinting at oversold conditions and potential near-term reversal.

At 12:00 ET on 2026-01-12, Sei/Yen (SEIJPY) opened at 19.13, hit a high of 19.54, a low of 18.63, and closed at 18.80. The total 24-hour volume was 205,084 and turnover was approximately 3,636,941.50.

Structure & Formations

Price formed a bearish continuation pattern after breaking below the 19.00 psychological level, with a strong bearish engulfing pattern visible at the 20:30 ET 5-minute candle. The 18.82 level may act as a near-term support, as a bullish divergence in volume emerged with the price action.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages confirmed the downward trend, with the 50-period line acting as dynamic resistance. Daily moving averages suggest a longer-term bearish bias, as the 50-period line is above the 100-period and 200-period lines.

Momentum and Volatility

The MACD showed bearish momentum with a negative crossover and deepening histogram, while RSI approached oversold territory near session close. Bollinger Bands showed a sharp expansion post-01:00 ET, reflecting a sudden rise in volatility as the pair broke lower.

Volume and Turnover

Volume spiked at the breakdown of the 19.00 level, confirming the move lower. However, turnover diverged slightly from price action near the 18.82 low, suggesting possible hesitation among traders. This divergence could hint at a short-term countertrend bounce.

Fibonacci Retracements

The 61.8% Fibonacci retracement level of the 18.63–19.54 swing is at 19.08, where price may face resistance on any near-term recovery. The 38.2% level is at 18.91, which could act as a shallow support.

The market may attempt a near-term rebound off the 18.82 level, but risks retesting the 18.63 low if bearish momentum persists. Investors should monitor volume behavior at key Fibonacci and moving average levels for signs of conviction or exhaustion.