Market Overview for OFFICIAL TRUMP/Yen

Summary
• Price opened at 779.0 and declined to 760.0 before rebounding to 778.0, closing at 773.0.
• Key support appeared at 760.0, with a bullish reversal forming around 00:30–02:30 ET.
• Volume surged during the rebound, confirming strength, though momentum remains mixed.
• Volatility spiked during the drop but compressed after 08:00 ET, signaling consolidation.
• RSI remains neutral, with no overbought or oversold signals for most of the 24-hour period.

Market Overview

OFFICIAL TRUMP/Yen (TRUMPJPY) opened at 779.0 on December 25, 2025 at 12:00 ET, reaching a high of 778.0 and a low of 760.0 before closing at 773.0 on December 26 at 12:00 ET. Total volume across the 24-hour period was 4,689.19, with a notional turnover of approximately 3,565,523 JPY.

Structure & Formations

The price trended downward from the open, forming a bearish impulse with a sharp decline to 760.0. A subsequent bullish reversal began around 02:30 ET, marked by a strong move up to 778.0. Key support was identified near 760.0, where the price found a floor before rebounding. Resistance is forming around 775.0 and 778.0. A bullish engulfing pattern appeared in the early morning hours, suggesting potential for further upside.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages are closely aligned, indicating a consolidation phase. The 50-period MA has moved below the 20-period, suggesting a potential short-term bearish bias, though this could reverse with continued buying pressure.

MACD & RSI

The MACD crossed to the positive side during the rebound from 760.0, indicating a short-term shift in momentum. The RSI remained in neutral territory, with no clear overbought or oversold readings. This suggests a balanced market with potential for either a continuation or reversal depending on order flow.

Bollinger Bands

Volatility expanded during the initial drop to 760.0, but has since compressed as the price settled into a consolidation phase. The price is currently hovering near the upper Bollinger Band, suggesting that buying interest remains strong in the 773–778.0 range.

Volume & Turnover

Volume surged during the rebound from 760.0, particularly around 02:30–02:45 ET, when large trades pushed the price up by 14 Yen in a single 15-minute interval. Turnover confirmed the strength of the move, with a large transaction of 2,424.27 units at 02:45 ET. Volume has since decreased, indicating reduced conviction in the current direction.

Fibonacci Retracements

Fibonacci levels applied to the 760.0–778.0 range show potential support at 767.2 (38.2%) and 764.8 (50%), both of which were tested. The 61.8% level at 762.4 has not yet been reached, but appears to offer a potential floor should the price retest the lower end of the range.

The market appears to be in a critical consolidation phase, with bulls having shown strength to push the price back above 773.0. A break above 778.0 could signal a retest of 780.0, while a drop below 764.0 may trigger a deeper pullback. Investors should remain cautious of potential volatility, particularly if news or macroeconomic events trigger sudden shifts in sentiment over the next 24 hours.