Is USD/JPY intervention back on the table?

Is USD/JPY intervention back on the table?
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Is USD/JPY intervention back on the table?
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Traders had a ton to work with this week trying to balance global inflation updates, tariff swings, recession fears and a talks of a U.S. government shutdown. This all lead to a solid week for gold, which soared towards $3,000, a rough go for risk assets and bond yields, and a choppy week for…
Consumer confidence in the Philippines dropped to -14 in the second quarter of 2025, down from -13 in the previous quarter. This decline signals the lowest level of consumer confidence since the third quarter of 2024, primarily attributed to rising inflation, reduced family income, and limited job opportunities. Among the various components, respondents exhibited greater…
EUR/USD’s fall from 1.1917 resumed by late break of 1.1540 support. Initial bias stays on the downside this week for 1.1390 support, or even further to 38.2% retracement of 1.0176 to 1.1917 at 1.1252. On the upside, above 1.1576 minor resistance will turn bias neutral and bring consolidations first, before staging another fall. In the…
EUR/USD weekly forecast stays pressured by soft U.S. data and heightened Fed rate cut expectations amidst easing growth. The pair holds near 1.1750, with neutral RSI and SMAs indicating consolidation. A cooling momentum implies limited upside, while a sustained break above 1.1800 may lead to potential gains. The EUR/USD pair traded evenly around 1.1750 last…
Hello traders ! In this technical article, we’re going to take a quick look at the Elliott Wave charts of the S&P 500 E-Mini (ES_F Futures) , published in the members area of the website. As our members know, $ES_F recently provided a solid trading setup. The main outlook remains bullish, with the market currently…
USDCHF Bulls Challenged by Persistent Bearish Momentum USDCHF trends lower as buyers struggle to overcome bearish pressure. The currency pair has been the focus of buyers’ attention this week as they attempt to regain their footing in the market. After reversing around the 0.88190 level, the buyers have been trading with more confidence. USDCHF Key…