USD/JPY drops in short term, down over 0.50%. Yen strengthens amid intervention fears

They have no choice if not the yen will continue to crash. Only interventions can save the yen. But for how long will they continue to intervene? This is the only way the yen can strengthen, by interventions?

BOJ uses stophunting I suppose, each intervention is almost initially bought back. Who can buy back such a crazy volume? I think BOJ is even profiting doing this)) Sends prrice towards the stops, wipes buyers and closes the trades after that (or part of them)

Usd JPY will go to 140 this summer. Don't get liquidated trying to fight BOJ and US interventions.

Japan doin some random shit

Usdjpy goes down until he hits 147.600 .....just wait and watch

lharam

BOJ continues to cause surprises; 160 is no longer the target, it could be anywhere in the 160-157 range. Buying UJ after BOJ sells is a failed strategy currently, but it used to be effective in the past.

155.085.. should halt it

The set was there on 4hrs tf (bearish.) Heading to 154.7988 (weekly support 1)

Dang they are determined to slaughter as many "speculators" as possible. End-of-war USD selloff + BOJ intervention.

I knew it, some news gonna pop up, looking at the sudden big move in dxy and jpy pairs. Damn that was fuckin fast

On a JPY bank holiday. Clearly wanting maximum impact.

Lol

I'm afraid that if a war breaks out with Iran, the USD/JPY will go back up to 160. better to take an easy profit and wait for a new opportunity

Don't get burned shorting yen.

BOJ, you can't fight the world's trend! Leave it or take it

get benifit from the this big sell off

They just don't want to give up.

Rip JPY ;-;

Damn just got liquidated rn

I'm new in Forex trading.
Someone suggest me what should I focus on

why did jpy drop so much

The Japanese yen strengthened toward 157 per dollar as intervention concerns returned to the market. USD/JPY dropped sharply in the short term, as traders grew cautious after reports suggested that Japanese authorities may have spent heavily to support the currency last week.

The move was also supported by softer oil prices and a weaker dollar. Since Japan relies heavily on imported energy, easing crude prices tends to relieve pressure on the yen and improve sentiment toward the yen.

R1: 158.10S1: 157.20
R2: 158.75S2: 156.50
R3: 160.00S3: 155.20

BOJ is really angry guys...LOL

BTC and Crypto BULL RUN

Is Japan still the largest creditor of the US Treasury Bond?

How has this flipped everything, how do you even trade these markets

Good shot .

Yeah, the Iran war is not helping Japan's economy that is very dependent on cheap oil. They won't get too crazy with the intervention because their economy is dependent on exports. I will look to buy some more.

XAUUSD SHORT

This is another intervention not intervention fears

It's not mof intervention. It's multinational intervention, involved SNB and ny fed.

Usdjpy price should be go down until 147.600 .....just wait and see

First trump and now Japan manipulating the market "what the hell is this!!"

Wah my gbp trade hit sl

152 is on the cards. Let's go!

Where the fuck is price action gone, Orange man tweets and the market goes insane, BOJ does some shit and the market goes nuts again.......Fuck price action fucking news based market

What if somebody holds the buy position on 157.8 tell now

I love these types of news you can earn easy money your setup will trigger in no time, that's amazing

Weak "intervention", only targeting the leveraged retards. They still have over $1 trillion to burn.

when to trade Yen now? can anyone breakdown the idea

Gold will reach 4700-4782 today; I've discovered the reading device of the future.

Shifted to Usd Jpy by thinking it is stable and wont give me a heart attack every now and then . From last week the market is taunting me with such moves . 5000 point move in a day , random 100 - 150 pips move , what was I thinking ryt ? The best part was i had 30 lot sell order at 160.616 and it hit my TP of 160.470 . then came the damn 500 pips move.

Gold and JPY are products you shouldn't trade. :v

they are really buying Gold today...

but their yen intervention this round is very weak compared to that in July 2024

WTF

Shit happen

options did go ?

This is another intervention not intervention fears

The word "sikin"

XDD buy

I have really suffered since last week with JPY

I had a buying trade but after closing boom the spike followed

I am literally waiting for take trade in London season but now it's **shit.

Japan doing some shit here

Honestly surprised that people even are surprised the way the world is atm.. Will most likely avoid the Yen till the interest rate decision myself

Now back to 157....

can anyone suggest me when to trade JPY again : as these spikes making me go crazy!

This week jpy is very unpreditable moves

I was short selling it and the transaction was closed in seconds. Truly amazing.

the boj use intervention as a excuse to dump us treasury.

Hy guys