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- giveachance replied Jul 11, 2024
government officials already confirmed that BOJ has intervened and this time it will work because we are starting a downward trend in inflation
Gold
- giveachance replied Jul 11, 2024
yes made money both sides as well but again the question comes when there was no demand for gold at 2360. how can there be demand for gold at 2410
Gold
- giveachance commented Jul 11, 2024
thanks for the confirmation.. it also means one more round is coming soon
Japan intervened in forex market, TV Asahi reports citing government source or sources
- giveachance commented Jul 11, 2024
if u think boj will step in once and go away you are making a mistake. dollar does not have the tailwind of higher inflation
Strong suspicions of BOJ intervention looking at that USDJPY chart...
- giveachance commented Jul 11, 2024
fcuk the usdjpy longs so badly that they dont dare to go against boj
Strong suspicions of BOJ intervention looking at that USDJPY chart...
- giveachance replied Jul 3, 2024
its unlikely FOMC will move it either way. tomorow's election results might
Cable Update (GBPUSD)
- giveachance replied Jul 3, 2024
interesting I thought 2330 was the short term top but we made 2345. its more than likely it has to do with july seasonality
Gold
- giveachance replied Jul 2, 2024
honestly leave this pair on its own I dont see any massive moves in this pair till Aug end. it will be broadly stuck in a range of 30 dollars. 2293 is the bottom and 2330 is the top range
Gold
- giveachance replied Jul 2, 2024
I checked the gj high was at 208. so that is comfortable target but gj was low was 124 in apr 2020. so someone who has longed there has made huge pips.
The Swamp
- giveachance replied Jul 2, 2024
short gbpnzd wpuld be a better choice but for some reason euro and gbp are both not falling. today's inflation data is what they are looking at
The Swamp
- giveachance replied Jul 1, 2024
aussie crosses are hitting resistances and aussie is still resilient. something is going to break somewhere and fear the way we are going one sided in uj something dire is going to happen soon
The Swamp
- giveachance replied Jun 27, 2024
shorted 1.0692. I think there is a big risk of these french elections. I remember 6-8 yrs back when hollande won the elections the euro collapsed
The Swamp
- giveachance commented Jun 27, 2024
i hope nimura does something in first day of his office
Japan’s MOF appoints Atsushi Mimura as top currency diplomat, replacing Kanda
- giveachance commented Jun 27, 2024
what a clown he is. his words cannot even drop uj by 50 pips. traders have an upper hand in this market. i am shorting nikkei
Japan's Suzuki: opposes excessive foreign exchange movements
- giveachance commented Jun 26, 2024
I would be careful of any japanese reaction during the closing bell. I am sure there will be one in next couple of days
Forget 160, Traders See Yen Slumping as Far as 170 This Time
- giveachance replied Jun 26, 2024
2293 is defended. 2293 followed by 2282 followed by 2269 is the script for today.
Gold
- giveachance commented Jun 24, 2024
the conditions are not ideal for 170 kind of move.
Forget 160, Traders See Yen Slumping as Far as 170 This Time