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USD/JPY Bears Rebound: Short-Term Bullish Structure Takes Shape

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EUR USD JPY
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The USD/JPY currency pair has recently shown signs of bearish pressure, but technical analysis suggests it may be building up to a short-term bullish structure.

This is according to recent data from FOREX.com, which notes that CFDs (Contracts for Difference) come with high risks and 77% of retail investor accounts lose money when trading with this provider. It's essential to understand the risks involved before engaging in any financial transactions.

FOREX.com is a trading name of StoneX Europe Limited, authorized and regulated by the Cyprus Securities & Exchange Commission (CySEC) under license number 400/21. The company has its registered address at Nikokreontos 2, 5th Floor, 1066 Nicosia, Cyprus.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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