USDJPY - BOJ the intervening champion

I don't know what is the Bank of Japan is preparing for... Maybe they got the memo of the Armageddon or they are waiting for the collapse of stock markets... One thing is sure : they printed and sold a terrible amount of Yen during the last month.
But enough is enough.
Today the MACD has crossed over at extreme levels. TSI is very close to cross over.
RSI has left overbought and we are printing bearish divergencies.

Even if we are starting a new bull market price need to tag the 50 EMA and maybe the 200 SMA.

Komen:

Komen:

These extreme level crossovers in MACD and TSI always ended up wit ha tag of the 50 EMA in the past. Especially when RSI left overbought. The 6 day RSI should come back to oversold in the decline.

Komen:

Komen:

The absolute winner at World Intervention Championship in November :
Bank Of Japan