at 3:15 PM
There were only 15 minutes left before the European market opened completely, and the trading volume in the market was also increasing.
At this moment.
The rising USD/Jpy finally led to its first decline, once again stopping at 98.000.
It was as if history was repeating itself a few hours ago.
98.000 In an instant, countless empty orders began to emerge, and selling orders kept appearing in the market.
The bulls closed their positions and the bears entered the market.
The entire trend suddenly became intense.
“97.930......97.940......97.950......97.930”
The Yin lines began to line up with the Yang lines.
The rising trend had already begun to stagnate.
this moment
Everyone in the market knew.
The USD/Jpy pair had reached a critical position.
As long as he could break through, he would be able to quickly usher in a big rise without the big bears above smashing the market.
Completely recover the lost territory.
There was even a possibility of 100.000.
Therefore, this was the most crucial moment.
Countless bulls jumped for joy, wanting to break through. Countless bears were ready to snipe the bulls at this position.
One after another, the bulls left in fear, and one after another, the bears were also in fear.
The entire market became extremely complicated in a short period of time!
The escape and entry of both sides triggered a terrifying war that could not be seen.
At every moment, tens of billions of dollars of funds were fighting each other.
They either went bankrupt or made a fortune.
In a short period of time, no one could see the true direction of the market.
Many people were wavering.
Because there was a big bear above, the repeated hits were so firm that it was terrifying.
There were also a few institutions below that were buying more, and the overall trend was also rising.
When the two were facing each other.
It was impossible for the market to get out of the trend in a short period of time.
The only way was…
The organization took action!
Decide the direction!
So at this moment
The participants of this war all turned their attention to the new sovereign funds.
He was waiting silently for the institution that had been pulling up the USD/Jpy to have the courage to risk being hit by the big bears and break through the resistance point.
East ocean
Sumitomo Bank Investment Department
Sumitomo Jiro was nervously looking at the situation in front of him as he kept muttering.
"God Amaterasu bless us!"
"You must choose to break through forcefully!”
"As long as we break through and start a big rise, we can give the market enough confidence. This way, even if we quickly close the position and get rid of the high position, we can still recover most of the losses and even make a lot of money!”
As he spoke.
His eyes widened.
It was as if he wanted to use his eyes to pull up the dollar/yen.
However, this time, his Amaterasu God did not grant his believers every request.
The frenzied stalemate in front of him lasted for five minutes, but there was no sign of a direction.
The bulls below seemed to have pulled the USD/Jpy above 97.900 and no longer had the thought of making a move!
Immediately, he cursed out in embarrassment.
"Baka!"
"Damn it! Hurry up and increase it!"
"These damn bears!"
If it wasn't for the fear of making a mistake, Sumitomo Jiro would have called the Sinka Sovereign Fund directly.
He questioned Lin Jie face to face!
However, even so, he could not help but curse.
"Damn it, Baka! Idiot!"
other side
Yamada Foundation of the Bank of Japan
Yamada looked at the plate in front of him and asked with a frown.
"How many positions did we close just now?”
A trader immediately replied solemnly.
"We only closed 500,000 lots! Because we can't suppress it too much, plus we've stretched the USD/Jpy before, we still have a million lots of long orders in our hands!”
When Yamada heard this, his frown deepened, and his eyebrows seemed to be completely squeezed together.
he muttered.
"It's still too slow!"
After saying that, he said to Shan 'an, who was still instructing the trader to count the positions.
"Lord Shan 'an, stop the auction!"
"We have to break the USD/Jpy position, or the market won't be able to digest our long orders!”
Shan An immediately frowned when he heard this.
"Isn't this too risky? The big bears above have been eyeing us covetously. What if…"
Before he could finish, Yamada waved his hand and stopped him.
"Alright!"
"I've made up my mind! We can't close any more orders in the current market!”
Yamagami could only nod helplessly when he heard Yamada's words.
Yamada continued.
"I immediately urged those guys. Why haven't they started speaking up for USD/Jpy yet?”
"Those bastards! He actually didn't do what he promised!”
......
Just as the two 'allies' were trying their best to drag down the newly added sovereign fund…
At the center of the market discussion, countless bulls were hoping for a new sovereign fund to be added.
At this moment, he was faced with an awkward problem!
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