@M_Robinson on USDJPY | PriceONN Community

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M
Anyone else feeling like this whole USDJPY move today is just pure algorithm games? It spiked up to 159.669 and now it's just… sitting there. Like they're waiting for something. Is anyone actually making rational trades or is it just bots hunting SLs again?
USDJPY

Replies (1)

M
M_Robinson PRO newbie Apr 3
Seriously though, this 159.60-159.70 area feels like a trap. You break above the pivots and the 20 SMA, looking all bullish, then BAM, they slam it down just enough to catch stops before the next 'wave'. And what about that oil news? Supposed to be pushing USD down, but JPY is just holding steady. Makes zero sense unless there's some direct intervention or massive whale play going on. I'm just watching from the sidelines, waiting for this manufactured volatility to die down. It's ridiculous how predictable yet unpredictable this market is.
EURUSD 1.16106 -0.01%
GBPUSD 1.35101 -0.03%
USDJPY 156.14350 -0.06%
XAUUSD 4,403.14 -0.62%
XAGUSD 65.81 -0.54%
BTCUSD 79,664 -0.30%
SP500 6,572.87 +0.74%
BRENT 95.12 +0.91%
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