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Back To USD/JPY Datasets
Bearish Day · Open – Low Range Statistics

USD/JPY Bearish
Range Distribution

Comprehensive analysis of how far USD/JPY trades below the daily open on bearish sessions. Based on 5,418 bearish days spanning 24 years.

Updated 07/11/2025 n = 5,418 24yr dataset
View Range Probabilities Explore Trading Insights Open Source Data
Sample
5,418
Bearish days analysed
Peak Zone
12.42%
400–500 pip range · most frequent
Avg Low Range
603.8
Average open → low pips
Median Cluster
56.4%
Lows beyond 500 pips (rolling >500)
Raw Data

Open–Low Range (Bearish Days)

Range (Pips)Days% of TotalDistributionRolling %

Rolling % = cumulative probability of reaching that pip bucket on a bearish day.

Probability Curve

Open–Low Cumulative Distribution

90.5% of bearish days: low within 1100 pips
66.4% of lows form within 700 pips
Frequency Chart

Range Distribution Histogram

5,418 bearish sessions

400–500 pip range dominates at 12.42% — key downside target zone for short entries.

Observations

Key Trading Insights (Bearish Edge)

Mid-Range Target

300–600 pips = 34.10%

Core downside cluster: nearly 1 in 3 bearish days drop 300–600 pips. Ideal for primary TP zone.

Median Drop

56.4% >500 pips

Half of bearish days extend beyond 500 pips; statistically sound stop-placement level for shorts.

Runner Potential

2.75% >1500 pips

Rare but explosive moves: leave a runner with trailing stop to capture extreme sell-offs.

90% Threshold

1100 pips covers 90.5%

Targets beyond 1100 pips become statistically rare – great for high-probability exits.

Strategy Framework

Take-Profit Application (Open – Low)

Realistic downside targets for short positions based on 24 years of bearish data.

Primary TP

450–550 pips

Mid-range cluster (300–600) offers highest probability for initial profit target.

High-Confidence Target

800 pips covers ~75%

Nearly 75% of bearish lows complete within 800 pips. Robust for scaling out.

Trailing Runner

Capture >1500 pips moves

Let a small runner ride with trailing stop: 2.75% of days exceed 1500 pips – outsized reward.

Disclaimer: Past performance does not guarantee future results. Combine with technical/fundamental analysis. USD/JPY correlation: oil yields & BoJ divergence
Data Library

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Frequency and success rate of consecutive daily lower lows forming across tracked history.

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Related Pair

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Data Hub

USD/JPY Data Hub

The full USD/JPY dataset library — streaks, ranges, calendars, and key statistics in one place.

All USD/JPY datasets View All →
Tip: Layer multiple datasets for edge — e.g., combine Consecutive Higher High Streaks with Bullish Close Probability Calendar. Upgrade to Pro · unlock all datasets →
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© 2026 SmartFinanceData. All data is historical and does not guarantee future performance.