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  • Japan Productivity Center Panel: The Government and the Bank of Japan should issue a new joint statement

Added at 11:13pm

Added at 11:25pm

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Added at 11:27pm
What is going on behind this spike?
Buy Gold to 1955
Quoting Niru
What is going on behind this spike?
I told you on Friday BOJ is going to knock dollar down.
should we BUY or SELL USD now?
5% TP and SL .. missing KareemAliFx's wisdom
Sit tight, BOJ is going to make statement. You should have watched your charts! Look at m15 downward pattern before the sudden drop.
Nothing major to announce unless its Kuroda's replacement
Woah, a red news thats not in the callendar. It gave a 90 pip move.

Luckily i was on sell or short and was able to take profit for 20 pips live. But damn, this scared me.
Quoting Bakker
Sit tight, BOJ is going to make statement. You should have watched your charts! Look at m15 downward pattern before the sudden drop.
They played it nicely. First Kuroda comes out saying pivot isn't going to happen while he's the Governor and then these news come out. Gotta take that Buy Stop orders and SL's first I guess.
Looking forward to BUY USDJPY but waiting for price confirmation
Quoting rehmatkhan00
Looking forward to BUY USDJPY but waiting for price confirmation
Waiting for price confirmation is wise yes, because it might not come due to these news.
H4 is breaking down on UJ, forget about dollar going up, dollar's time is up.
Quoting Bakker
Sit tight, BOJ is going to make statement. You should have watched your charts! Look at m15 downward pattern before the sudden drop.
The Govt of Japan and BOJ had logically while away some times and await Kuroda's replacement till April. I'm not expecting any breaking statement that could trigger a long/short stroke. But considering this your Technical/Chart observation, extra caution is required bcos this week is also full of Central Bank's decisions. The market likely will be more volatile.
You're rate, I meant with statement not official one but about their decisions which may impact dollar. But you're right about central banks coming into play. Tomorrow daily chart could have significant impact.
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  • Posted: Jan 29, 2023 11:11pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 13  /  Views: 5,057

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