Summary
• Price rallied from 18.16 to 18.57 amid strong volume in the final 4.5 hours.
• Key resistance tested at 18.57 with a bullish engulfing pattern.
• Volume surged in late ET hours, confirming upside momentum.
• RSI approached overbought territory, suggesting possible pullback.
• Bollinger Bands showed recent expansion, reflecting heightened volatility.
24-Hour Snapshot
Sei/Yen (SEIJPY) opened at 18.26 on 2025-12-15 at 12:00 ET, reaching a high of 18.95 before settling at 18.57 at 12:00 ET on 2025-12-16. Total volume was 29,392,721.0 and notional turnover amounted to $532,649,749.
Structure & Formations
The price exhibited a strong bullish engulfing pattern near the 18.51–18.57 range, signaling a reversal from bearish pressure. Support levels at 18.40–18.51 and resistance at 18.57–18.60 appear key for near-term direction.
Moving Averages
On the 5-minute chart, the 20-period and 50-period moving averages have both crossed above the price, reinforcing the bullish bias. Daily chart averages, however, remain neutral, with no clear trend consolidation yet.
MACD & RSI
The MACD showed a strong positive divergence in the late ET hours, aligning with price action. RSI climbed into overbought territory (above 70), suggesting a potential pause or consolidation phase ahead.
Bollinger Bands
Volatility expanded significantly as the price moved toward the upper band late in the session. This suggests increased participation and could signal the formation of a new range or continuation of bullish momentum.
Volume & Turnover
Volume and turnover surged in the final 4.5 hours, with a major spike at 9:00 AM ET (13:00 local) where over 5 million contracts traded at 18.51–18.57. This confirms strong conviction in the rally and supports the case for a continuation.
Fibonacci Retracements
The 61.8% retracement level from the 18.16–18.95 swing sits at 18.57, where the price stalled before closing. A break above this level could target the 18.76–18.81 range.
Market Overview
Sei/Yen (SEIJPY) posted a strong 24-hour rally driven by late-session volume and bullish momentum. The 18.57 level appears to be a critical psychological and technical threshold. Traders may watch for a potential pullback or consolidation in the near term as RSI suggests overbought conditions. However, a retest of that level could see further upside. Investors should remain cautious of possible volatility if volume declines or if the 18.40–18.51 support zone is breached.
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