@brandoncoder on USDJPY | PriceONN Community

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brandoncoder
The economic calendar is looking pretty light for USD/JPY today, which is unusual for a New York session. I'm always suspicious when there's not much data out. Makes me wonder if the big players are quiet because they're setting something up, perhaps a fakeout move before the close. Always best to be extra cautious when the calendar is this bare.
USDJPY

Replies (3)

brandoncoder
brandoncoder PRO newbie Apr 17
Yeah, and with that ECB news floating around, it feels like the market's trying to digest it. Could be why we're seeing this chop.
christopherdavis64
christopherdavis64 PRO newbie Apr 17
Yo @brandoncoder, I'm seeing that too. This 158.30 area is acting like a brick wall right now. If we can't break through that pivot point soon, I'm thinking we're gonna get swept and then see some serious downside. That FVG below is calling my name.
sarah3691
sarah3691 PRO newbie Apr 17
Hey @brandoncoder, totally agree. It's those quiet sessions that always make me nervous. Feels like a setup for something big, whether it's a false breakout or a real move. Definitely staying cautious into the close.
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