Market Overview for SEIJPY (Sei/Yen) as of 2025-09-23

• SEIJPY opened at 43.17 and traded between 43.0 and 44.13 before closing at 43.65 at 12:00 ET.
• Price formed a bullish breakout above 43.50, with strong volume in the final 4 hours of the 24-hour window.
• RSI shows overbought conditions, and MACD shows positive divergence suggesting momentum continuation.
• Volatility expanded during the morning session as Bollinger Bands widened with strong price consolidation.

The Sei/Yen (SEIJPY) pair opened at 43.17 on 2025-09-22 at 16:00 ET and closed at 43.65 by 12:00 ET on 2025-09-23, forming a 24-hour range between 43.0 and 44.13. The total traded volume was 308,071.0 units, with notional turnover reaching 64,673.12 (assuming 1 unit of value per SEIJPY contract). The price action shows a clear bullish reversal, particularly in the final 4 hours of the day, where a strong rally pushed SEIJPY to its 24-hour high at 44.13 before consolidating around 43.65.

Key technical levels include a strong resistance near 43.56–43.66 and a significant support near 42.46–42.64, with the 43.00 level acting as a psychological pivot. A bullish engulfing pattern was observed in the 09:30–10:00 ET timeframe, suggesting a potential trend reversal. The 20-period and 50-period moving averages on the 15-minute chart are aligned with price, indicating a continuation of the bullish bias in the short term. The 50-period daily moving average remains below the 100- and 200-period lines, suggesting a longer-term bearish trend remains intact.

MACD lines showed a bullish crossover at 08:00–09:30 ET, with the histogram expanding during the morning rally, indicating strong buying momentum. RSI moved into overbought territory during the late morning surge but remained above 50 for most of the session, suggesting continued strength. Bollinger Bands were in a period of expansion from 05:00–09:00 ET, with prices closing near the upper band during the breakout phase. This indicates a period of high volatility and potential continuation of the current trend. Price has remained above the 20-period MA, supporting a short-term bullish view, but caution is advised as overbought conditions could trigger a pullback.

Fibonacci retracement levels from the 42.46–44.13 swing suggest key levels at 43.07 (38.2%) and 43.77 (61.8%), which are currently being tested. The price action has aligned with the 61.8% level as of the close, making it a critical near-term resistance. If this level is broken, the pair could extend its move toward 44.30–44.50. Volume and turnover showed a notable divergence in the early morning session (02:00–05:00 ET), where price declined but volume remained low, suggesting weak conviction in the bearish move. However, volume surged during the breakout in the morning and remained elevated during the consolidation, providing confirmation of the bullish bias.

The forward-looking outlook for the next 24 hours suggests a continuation of the bullish momentum if the 43.65–43.77 range holds. A break above 43.77 could target 44.30 as the next major level, but a pullback to 43.00 or below could invalidate the immediate bullish setup. Investors should remain cautious of overbought RSI readings and the potential for a retracement, especially if volume declines in the next few hours.