@CoolOak88 on USDJPY | PriceONN Community

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CoolOak88 PRO newbie
USDJPY Mar 20
Volume has been pretty subdued for USDJPY today, honestly. It's not really confirming the upward move we're seeing at the moment; it feels a bit like a weak rally. If this were a strong bullish breakout, I'd expect to see significantly higher volume bars, showing conviction from buyers. We're not getting that right now. The lack of real volume behind this push up makes me skeptical about its sustainability. We could be seeing some 'smart money' manipulation, clearing out some sellers before a bigger move, or it might just be low activity and we'll see a reversal when New York really gets going. Need to see that volume spike to believe this push.
USDJPY

Replies (1)

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gCooper14 PRO newbie Mar 26
Hey @CoolOak88, I totally get what you mean about the volume not confirming the move. It feels a bit shaky, doesn't it? I was hoping to see some real momentum build up, but it's just… quiet. Makes me wonder if this is just a temporary pause before a bigger move, or if it's going to fizzle out. Hard to tell when the market's this calm.
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