The 6J Japanese Yen Futures daily chart shows a market in the midst of a potential short-term bounce within a broader downtrend. Price action is subdued, with small to medium bars and slow momentum, indicating a lack of strong conviction from either buyers or sellers. The short-term WSFG trend has turned up, with price above the weekly NTZ, suggesting a possible attempt at a short-term reversal or at least a pause in the selling. However, the intermediate and long-term MSFG and YSFG trends remain firmly down, with price below their respective NTZs and significant negative readings, reflecting persistent bearish pressure. Swing pivots confirm this mixed environment: the short-term pivot trend is up, but the intermediate-term HiLo trend is still down, and resistance levels remain stacked above current price. Support is relatively close, but the overall structure favors sellers on rallies. All benchmark moving averages across timeframes are trending down, reinforcing the dominant bearish bias. The recent long signal on 26 Nov 2025 aligns with the short-term bounce, but the broader context suggests this move is counter-trend. Volatility (ATR) and volume (VOLMA) are moderate, not signaling any major breakout or capitulation event. In summary, the chart reflects a market in a corrective phase within a larger downtrend, with short-term traders watching for signs of a sustainable reversal, while longer-term participants remain cautious amid prevailing bearish momentum.