USDJPY bearish gap, 18 September 2026
A 23.6-pip bearish fair value gap that formed at 2026-09-18 15:15 UTC. Price had not traded back into the gap by the last candle of its session (2026-09-18 18:00 UTC).
Archive snapshot as of 2026-09-18 18:00 UTC. Built from candles read for this site, not from a running market. How gaps are defined
From formation to the end of its session
The first three candles are the ones that make the gap: its upper and lower edges are the wicks of candle 1 and candle 3. The box runs until price trades through the far edge, or to the last candle of the session.
The gap's fields
| Gap id | USDJPY-15m-1789741800 |
|---|---|
| Market | USDJPY |
| Timeframe | 15m |
| Direction | Bearish |
| Upper edge | 157.744 |
| Lower edge | 157.508 |
| Size | 23.6 pips (pip = 0.01) |
| First candle opened | 2026-09-18 14:30 UTC |
| Formed (candle 3 closed) | 2026-09-18 15:15 UTC |
| Session | London/New York overlap (the session in which candle 3 closed) |
| Displacement | 1.54 (body of candle 2 over the average range of the last 14 candles; shown, not scored) |
| State | Not revisited, as of 2026-09-18 18:00 UTC |
| First touched | Not in this session |
| Filled | Not in this session |
| Left to fill | 23.6 pips (100% of the gap) |
| Age at session end | 2 h 45 min |
| Candles seen after it formed | 11 |
Definitions are on the methodology page.
How far price went after
In the 8 candles after the gap formed, measured from the close of candle 3, price reached 9.6 pips above that close and 46.3 pips below it. These are distances, not a forecast.
Similar gaps
Other USDJPY 15m gaps in the largest quarter by size (quartiles of this market's own gap sizes) in this archive: 2, formed from 18 September 2026 to 18 September 2026.
- 2 of 2 were touched by the end of their session, 2 of 2 filled.
- Median time from forming to first touch: 4 h 8 min, over the 2 that were touched.
- Within 4 candles of forming (only gaps watched for 4 candles): 1 of 2 touched, 0 of 2 filled.
Sample size 2. A session ends at 18:00 UTC, so a gap formed late has had few candles to be revisited: these counts describe the archive, and do not say what any gap will do next.
Other gaps in the same session
- Bearish gap of 0.9 pips, formed 2026-09-18 15:00 UTC (Not revisited)
- Bearish gap of 5 pips, formed 2026-09-18 13:15 UTC (Filled)
- Bullish gap of 3.3 pips, formed 2026-09-18 08:45 UTC (Filled)
- Bullish gap of 13.5 pips, formed 2026-09-18 08:30 UTC (Filled)
- Bullish gap of 19 pips, formed 2026-09-18 07:45 UTC (Filled)
Cite this gap
FairValueGaps.com archive scanner. USDJPY 15m bearish fair value gap, 23.6 pips, formed 2026-09-18 15:15 UTC. Archive snapshot as of 2026-09-18 18:00 UTC. https://fairvaluegaps.com/gaps/usdjpy-15m-1789741800/
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