• WallStreetYoda OP : the bear engulf are thelast and 3rd to last and doji is 8th back and its on the daily tf.

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• solo invest : Yea this barely affected the markets last month. I doubt investors will have any confidence in the BOJ with the central bank still stimulating the economy. I wonder if all of the other major currencies were rising just because of this catalyst as well. Like maybe this news brought down the dollar enough to cause the momentum to bring up the other currencies. I mean i cant point out why every other currency was ripping like crazy. It seems like it was simply because the dollar was dropping. Was japan the only catalyst? Or were there other Macro events or headlines that are not mentioned here? I didn’t see anything else myself. I’m just wondering… What do yo think of this post @iamiam??

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• solo invest : Do you have an opinion on this one @Mcsnacks H Tupack? Do you follow forex?

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• SpyderCall OP solo invest : good person to ask. I might not have noticed any other major forex news last friday. i didnt see anythin else

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• iamiam solo invest : this is a fed pivot play. There were FED pivot rumors from a convenient WSJ article at 8am (the FED has entered lock down and they can't speak to refute the article). like the post says it came at a support level on the markets and resistance on the dollar and they broke the dollar as it was rallying (we were about to have a -300 nasdaq market day). My guess is the dollar now falls back to the 50MA. Could the article be legitimate? sure, but I wouldn't bet on it.

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• solo invest iamiam : Agreed. If the dollar goes red then I dont think it will last that long. But who knows

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