US Dollar Falls Nearly 1% Against Yen in Sudden Swing Before Bouncing Back

jesus died on a cross for you and covered all of your sins with his blood put your faith in jesus and he will guid you

Bingo!

Forex factory you're about a whole 7 minutes late

If it could possible then jpy need to kicked out from the CFD markets

If it could possible then jpy need to kicked out from the CFD markets......

I don't think intervention is necessary now, look at Asia's Kospi down -10% again, traders are starting to realize that we are heading into a huge mess. And the holidays have begun,many big traders are now out of their offices

This could be a technical retracement. Price has bounced off the 127 Fib extension (28th Jan-30th Mar) at a high of 16284. If it is a technical move the minimum retracement should be c. 16117 (78.6% of last move up) more likely to 61.8% -15985 or even 50% - 15893. A 100% retracement of the last lintervention will see us back to 15710. Of course if full intervention kicks in and/or interest rates rise the fall will be much more.

Dollar hasn't raided the weekly fractal yet.
I see the bulish narrative still.
Don't panic

Looking at the volume - it is only a fraction of the normal intervention volume therefore it suggests it could well be a technical move. In addition - there's a nice shooting star on the daily t/f - price has already ratraced the x3 candle size. Hopefully the Japanese MOF will be bouyed by this move and send USDJPY tumbling with full intervention.

The yen remained pinned near 162.5 despite a sharp intraday swing that briefly saw the dollar fall nearly 1% before recovering. The move highlights how sensitive the market has become to intervention rumors, with traders quick to react whenever USD/JPY approaches fresh multi-decade highs.

For now, the broader trend still favors the dollar. The wide U.S.–Japan interest rate gap and expectations of further Fed tightening continue to outweigh the BOJ's gradual normalization. With the U.S. holiday approaching, thin liquidity could make any intervention more effective, leaving traders cautious around current levels.

Initial resistance stands at 163.00, while the first support is at 161.70.

R1: 163.00 | S1: 161.70
R2: 163.80 | S2: 160.50
R3: 164.50 | S3: 159.00

Unwind

to the moon

what the hell, why? not a news actually its a result what is the reason

Stopped trading YEN pairs from last month....now @ peace....

More fall is needed...

how we even supposed to trade

So a small liquidity sweep is now red folder news?

GBPJPY

Gbpusd

My GBBJPYis cooked

Fundamental analysis would always respect technicall analysis

Fuck off sl hit

Always BUY the dip in USDJPY when they intervene, also sell Gold rallies regardless of the SOH

We buying USDJPY right?

Like a boss brother

complete change of trend on m30 in only two candles holy

Usdjpy
Sell
Sell
Sell
Tp 159.699
Tp 155.940

bankrupt

that' s not come back .what's your brocker . it's so fal down . my position is on benefit . I take Sell in USDJPY

The move itself isn't as important as why it was rejected. When price snaps back that quickly, it's often a sign of stop hunts and liquidity grabs before the real direction develops.

Finally, get on with the intervention so we can trade in peace

Intervention

Probably a rate check, bank trading desks front running before retail finds out

hello

Im waiting for around 158 -157.5 to exit my sells, the worse case scenario would be an average jobs report that provides no effect

No No, Japan government does not have $$$ to play hard. it will reverse back in the US session soon. Believe me. Japan is going bankrupt