Did the BoJ secretly intervene in USD/JPY on Tuesday? And is there more to come? For now, Bank of Japan officials have avoided explicitly stating whether they had stepped into the market to strengthen the yen. After the USD/JPY crossed 150.000 (its weakest levels in a year), a huge candle appeared on Tuesday touching as low as 147.300 before closing at 149.100. ...
The Japanese yen has recently dropped below the critical threshold of 150 per dollar, primarily due to mounting concerns regarding intervention measures. In light of this situation, I strongly urge you to exercise caution and consider pausing yen trading until further clarification is obtained. The sudden decline in the yen's value has raised concerns among...
The Dollar is surging and gaining strength like it did in 2021/2022 when inflation narrative dominated the market. Are we witnessing inflation resurgence. This Multi crossover of the daily moving averages suggests a very strong trend is forming, but this rise in price action often yields a pullback before the next leg higher. Think about why this is...
Introduction: In the ever-evolving world of currency trading, it's crucial for traders to stay informed about potential interventions by central banks. The recent Federal Reserve meeting has sparked speculation about the Bank of Japan's (BOJ) next move regarding the yen. This article aims to examine the likelihood of BOJ intervention and provide a cautious...
This inverse Head and shoulders has produced fantastic gains already What suggests that final target will be met is that Yen vs other crosses is still yet trigger their respective necklines! I assume more madness to come from the #BOJ in the next Financial Panic. Like the Bank of England another Island nation probably first to embark on a new wave of...
Look at how the bullish green arrows and bearish red arrows show how global liquidity correlates HEAVILY with the direction of Bitcoin. T You don't have to be a genius to see how beautiful this correlation is. And how sensitive #BTC is to excess capital in the system. As a risk on asset When ppl have easy money to gamble with , a portion of that ends up in the...
Once we break the trendline to the upside, we're aiming for .0049. No need to rush until that level where we wick turns into support or gets pushed through. Patience Is Key. In trading and life. Learn with us, you will prosper.
Gold price in JPY is going parabolic Ni225 Japan's index going parabolic USDJPY looking like its going to follow. Japan possibly stuck due to the carry trade of US bonds in Japan? This is going to accelerate and turn bad if the BOJ does not raise rates immediately. The USD/JPY pair never been this high since 1998 tagging it previously in 1989.
Flat Regular seem completed at 31830, could not break below 31792. Because of this, target is just like previous plan.
Chinese real-estate has collapsed China refuses to update new unemployment metrics (like they've ever told the truth) China BOC keeps printing to backstop this (parabolic m3/m2) China forcing peoples money trapped in this death spiral Japan Real estate is also dead Japan stocks / Gasoline is going parabolic due to the start of hyperinflation not a...
As avid participants in the forex market, we must remain vigilant and proactive in monitoring this situation, as it may have significant implications for our trading strategies and overall market stability. The USDJPY exchange rate has experienced a persistent upward trend in recent weeks, primarily driven by the yen's continuous depreciation. This trend can...
• BOJ/FED clear and wide divergence comes in play again reflecting on the exchange rate which closed above 146 on Friday • There is a steep and intact ascending channel giving the bulls the upper hand currently • There is no significant resistance level until the yearly highs around 152 and the psychological level at 150
The Yen's struggle against the US Dollar persists this week, as the USDJPY settles above 143.00 and reaches a new high for the third consecutive day. After some sideways trading, traders are now resuming a bullish push aimed at reaching the recent high of 143.9000, followed by potential targets at 144.00 and 145.050. Last week, the Bank of Japan (BoJ) surprised...
Fundmental: Given the Bank of Japan's decision to maintain ultra-low interest rates while adopting a more flexible yield curve control policy, coupled with positive market reactions and the potential for policy normalization, there is a strong possibility that the JPY225 index will rise in the coming days. The move indicates confidence in Japan's economic...