Chart Master: Following the Japanese Yen
Speakers
Carter Worth
— Technician, Fast Money
Summary
Carter Worth joins Fast Money to analyze the Japanese yen using five charts across different timeframes. He sees a five-year standoff resolving upward, which he calls yen weakness, and notes the 30-year chart is starting to move above former highs. The 50-to-60-year chart shows elements of a possible important bottom but leaves open further weakness, and traders are watching for possible Bank of Japan intervention.
- Carter Worth presents five timeframes of the Japanese yen.
- Five-year chart standoff has resolved upward, which he calls yen weakness.
- 30-year chart is just starting to move above former long-ago highs.
- 50-to-60-year chart shows either an important bottom or further weakness.
- Worth notes the yen has been much weaker historically.
- Traders are watching for potential Bank of Japan intervention.
- Technical read leans toward continued Japanese yen weakness.
Ideas
Japanese yen technicals point to more weakness.
Carter Worth says his five timeframes of the Japanese yen all point to weakness: a five-year standoff has resolved upward, which he says is weakness; the 30-year chart is just now starting to move above former highs from long ago; and the 50-to-60-year chart has the elements of either an important bottom or further weakness, with the yen having been much weaker before. The net technical message is that the yen is breaking down and the path of least resistance is lower.
Up Next
This CNBC video, published January 15, 2026, features Carter Worth discussing FXY. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Carter Worth · Tickers: FXY