Page 5 of 6

↗ USDJPY Back up (at 149.100)

Posted: Mon Oct 24, 2022 5:41 pm
by Ogee
⚠️ BREAKING:

*DOLLAR/YEN BACK UP AT 149, ERASING THE DECLINE SEEN AFTER SUSPECTED FX INTERVENTION
Breaking Market News ⚡️ @financialjuice
14m
JAPAN'S PM KISHIDA: THE GOVERNMENT WILL TAKE APPROPRIATE ACTION VS EXCESSIVE FX VOLATILITY.
Breaking Market News ⚡️ @financialjuice
15m
JAPAN'S PM KISHIDA: WE CANNOT TOLERATE EXCESSIVE FOREX MOVES BASED ON SPECULATION.

Re: ↗ USDJPY Back up (at 149.100)

Posted: Mon Oct 24, 2022 6:37 pm
by ChuChu Rocket
Ogee wrote: Mon Oct 24, 2022 5:41 pm ⚠️ BREAKING:

*DOLLAR/YEN BACK UP AT 149, ERASING THE DECLINE SEEN AFTER SUSPECTED FX INTERVENTION
Suzuki who's always commenting - now, won't comment.
That's okay, they just confirmed they lack honor & integrity. Sad!

Re: JPY news

Posted: Mon Oct 24, 2022 7:26 pm
by Jedidiah
Now it's time to wait for volatility to appear, harvest pips

Re: ↗ USDJPY Back up (at 149.100)

Posted: Mon Oct 24, 2022 7:46 pm
by Jimmy
honje19960321 wrote: Mon Oct 24, 2022 7:26 pm Now it's time to wait for volatility to appear, harvest pips
Yeah, USDJPY is about to explode. Let's see where it goes after New York session 😅

I'm only looking for longs on this pair (trading into the Weekly chart's direction). Imagine if BOJ intervened again today hahaha fuck that.

Re: ↗ USDJPY Back up (at 149.100)

Posted: Mon Oct 24, 2022 7:50 pm
by Ogee
The BOJ are using foreign currency reserves (USD) to buy Yen to force USDJPY down, but traders are just seeing this as a dip in USDJPY to buy.

These repeated pumps are costing BoJ a lot of money and it's not working. My money is on the traders winning in the end.

But remember Japan has to import all it's oil which is paid for in USD, so no matter what, things are getting very expensive for the govt.

Re: ↗ USDJPY Back up (at 149.100)

Posted: Mon Oct 24, 2022 8:11 pm
by Ogee
Ogee wrote: Mon Oct 24, 2022 7:50 pm

Breaking Market News ⚡️ @financialjuice
5m
JAPAN'S FOREX INTERVENTION ON OCTOBER 21 ESTIMATED AT 5.4 TRLN TO 5.5 TRLN YEN - CALCULATION PROVIDED BY MARKET SOURCES.

Re: ↗ USDJPY Back up (at 149.100)

Posted: Mon Oct 24, 2022 10:16 pm
by boytoy
Ogee wrote: Mon Oct 24, 2022 8:11 pm Breaking Market News ⚡️ @financialjuice
5m
JAPAN'S FOREX INTERVENTION ON OCTOBER 21 ESTIMATED AT 5.4 TRLN TO 5.5 TRLN YEN - CALCULATION PROVIDED BY MARKET SOURCES.
Thanks for sharing Breaking Market News on Twitter they are better than other FX feeds.

Re: JPY news

Posted: Mon Oct 24, 2022 11:20 pm
by Ogee
:Rofl:



zerohedge @zerohedge
16m
BOJ generously providing dip buying opportunities twice a day now while blowing through tens of billions.


zerohedge @zerohedge
2m
Japan no longer admitting to FX interventions as it is ashamed by the epic disaster these have become

Re: JPY news

Posted: Tue Oct 25, 2022 1:15 am
by boytoy
Ogee wrote: Mon Oct 24, 2022 11:20 pm :Rofl:
zerohedge @zerohedge
16m
BOJ generously providing dip buying opportunities twice a day now while blowing through tens of billions.


zerohedge @zerohedge
2m
Japan no longer admitting to FX interventions as it is ashamed by the epic disaster these have become
Dropkicks these BOJ guys. I did notice USDJPY spike down again in today's session and thought huh?

↘ USDJPY down again (at 147.700)

Posted: Wed Oct 26, 2022 2:49 am
by ChuChu Rocket
Broke down over 130 pips in the US session. Luckily I wasn't in any longs or I'd be toast!