The G7 interventions have started

Japan moved to intervene in the FX markets and the Fed just confirmed it too has intervened for the first time in 11 years (supposedly). However, the desired effect is not being rapidly acheived. Japan needs the USD/JPY to stay above 80, it has already started slipping.

The red arrow is 80 on this 15 min chart, it would be important for support to kick in at the lower channel line just above 80.  If that line fails, expect to see even more intervention very quickly.

GLD/SLV coming up next.