USDJPY wow, thought that might of been a jap intervention but alas no. if it was it would of tanked 5 dollars already. haha.U.S. Dollar / Japanese Yen forum
USDJPY wow, thought that might of been a jap intervention but alas no. if it was it would of tanked 5 dollars already. haha.
USDJPY Down maybe?
USDJPY Not there yet, even NY session can´t stop this
USDJPY Slight decrease and then continue to increase in price
USDJPY note down some reversal signals here
USDJPY Japan Seeks US Deal as Tariff Deadline Nears
The yen hovered around 145 per dollar Friday after a nearly 1% drop in the previous session, pressured by trade uncertainties as Tokyo seeks a deal with Washington before next week’s deadline. Trump may announce new tariffs or extend deadlines today, having previously threatened tariffs up to 35% on Japanese goods over low US rice and car imports.
The yen also weakened as a stronger US dollar followed a better June jobs report, easing recession fears and reducing near-term Fed cut chances. In Japan, May household spending grew more than forecast, supported by government efforts to increase demand.
The key resistance is at $145.35, meanwhile the major support is located at $143.55.
USDJPY One more mind share for today — just so I’m not seen as spamming 😛The main reason I’m confident in shorts is shown here. The 142–143 zone has become an extreme area of inducement. And I say extreme because over a 70-day range, we’ve seen a ton of buying activity there — six touches in total.
If I had institutional-sized capital, that’s exactly where I’d want to push price — to that zone — so I could fill my large orders. Why? Because that’s how the game works. For every buyer, there needs to be a seller. And when you’re trying to move billions, you either have to find those counterparties or create them — which is exactly what inducement is all about.
USDJPY Well, another week full of challenges and opportunities ahead. Let’s dive in. The price broke and closed decisively above 144.805, driven strongly by the news. It then retraced slightly to around 144.200 — honestly, I was expecting a deeper pullback — and now it’s pushing toward the 146.xxx zone, breaking the previous higher high.For me, the key area to consider shorts is near the 0.75 retracement level of the current internal bearish range. I do expect a break above the 145.946 high. So, while I’m looking to chase shorts here due to the overall bearish external structure, I’m trying to exercise some patience.
USDJPY damn its been bullish the whole dayUSDJPY downtrend looks limited.