[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Forex Analytix [@forexanalytix](/creator/twitter/forexanalytix) on x 22.2K followers Created: 2025-07-18 08:54:51 UTC European Update: $USDJPY is holding the box, mainly supported by JPY crosses trading around recent highs, going into the Japanese elections and Ishiba-Bessent's meeting. Expect volatility from either or both of the events which could easily take the pair through tech levels which are not far enough. Positive news on trade and for the LDP through the election would see JPY regain a fair part of the recent losses. A move through 148.20-147.65 down to the prior lows 146.70-147.10, why not the bigger 146, is possble in a market that's been selling JPY into this Friday/WE. There a decision will be made.Globally speaking the JPY is not a too much loved currency right now, even on the back of risk and yields. Any adverse outcomes in turn will push the market to test how far BOJ and/or MOF will let the JPY weaken before stepping by either buying unscheduled JGBs in case we see a large drop or in the event of a very sharp drop in the currency stop the rot and intervene in the FX market. Before that USDJPY could rally to 151/152. A reminder in Kuroda's days consecutive moves of 250-300pips were seen as "excessive and speculative". The risk of intervention will increase with every big figure above XXX if seen come Monday/Tuesday.  XXXXX engagements  **Related Topics** [events](/topic/events) [volatility](/topic/volatility) [japanese yen](/topic/japanese-yen) [supported](/topic/supported) [$usdjpy](/topic/$usdjpy) [forex](/topic/forex) [Post Link](https://x.com/forexanalytix/status/1946131539785597063)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Forex Analytix @forexanalytix on x 22.2K followers
Created: 2025-07-18 08:54:51 UTC
European Update: $USDJPY is holding the box, mainly supported by JPY crosses trading around recent highs, going into the Japanese elections and Ishiba-Bessent's meeting. Expect volatility from either or both of the events which could easily take the pair through tech levels which are not far enough. Positive news on trade and for the LDP through the election would see JPY regain a fair part of the recent losses. A move through 148.20-147.65 down to the prior lows 146.70-147.10, why not the bigger 146, is possble in a market that's been selling JPY into this Friday/WE. There a decision will be made.Globally speaking the JPY is not a too much loved currency right now, even on the back of risk and yields. Any adverse outcomes in turn will push the market to test how far BOJ and/or MOF will let the JPY weaken before stepping by either buying unscheduled JGBs in case we see a large drop or in the event of a very sharp drop in the currency stop the rot and intervene in the FX market. Before that USDJPY could rally to 151/152. A reminder in Kuroda's days consecutive moves of 250-300pips were seen as "excessive and speculative". The risk of intervention will increase with every big figure above XXX if seen come Monday/Tuesday.
XXXXX engagements
Related Topics events volatility japanese yen supported $usdjpy forex