weak big boys....lol losing the fight.
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
Dislikedwe all could see that, so u are implying we should buy at the btm ? we all could see that as well.
the trust or momentum to push the breakpoint isnt as strong as last few weeks. consensus for the dollar is positive ?Ignored
Dislikedwhats that cant see , so small
BOJ caught in the act of pushing up the pair just mins before news break at .53(08.22) to .68. so we can expect BOJ not to let price fall near breakline until the nexts data feed 9.55.
BOJ started intervening . attention if news feed at 9.55 is neg , expect boj to push up despite, if positive boj will stay out , the intervention is to create as much support at breakline as possible. boj will not try to push up the pair pass 77 because it will come down again.
http://i1187.photobucket.com/albums/...yip1/vvv-4.gif...Ignored
Dislikedwhats that cant see , so small
BOJ caught in the act of pushing up the pair just mins before news break at .53(08.22) to .68. so we can expect BOJ not to let price fall near breakline until the nexts data feed 9.55.
BOJ started intervening . attention if news feed at 9.55 is neg , expect boj to push up despite, if positive boj will stay out , the intervention is to create as much support at breakline as possible. boj will not try to push up the pair pass 77 because it will come down again.
http://i1187.photobucket.com/albums/...yip1/vvv-4.gif...Ignored
DislikedHow do you know that's an intervention? And does anyone have any confirmation on whether on the huge 76.30 rebounce yesterday as to whether this was an intervention or not (or perhaps it is and the new BoJ strategy is to not fully confirm their interventions).Ignored
Dislikedwould be wise not to assume price movement is caused by the BOJ at this time, especially considering what time it is in tokyo.
also BOJ is concerned with yen strength, not necessarily usdjpy weakness.
2 cents to consider. may you have good pipsIgnored