The downflow is starting to take shape. Once support broken, we will see lower levels. Imagine how many stops are being cleared at that levels, which will trigger the price even further south.

AUD/USD

The monthly close below the trendline. That is to say bearish. Remember that fundamentally and technically, Aussie is bearish.

AUD/USD

Yup, the downflow in the monthly chart which I posted still intact. AUD and Chinese news tomorrow will be the catalyst to resume the downtrend. Lets get ready. Once support at .71, next support will be at .70 levels.

AUD/USD

Price might rallied slightly, but my longer time frame chart posted previously still valid. As mentioned, any price rally will be opportunity for bears to load their shorts.

AUD/USD

It will have even more rooms once this weak support gave way. Following the trend, simply just open short positions and walk away.

AUD/USD

Perhaps we do not have to wait long, tomorrow news release of the Private Capital Expenditure numbers will pave the way below. Just think about it, mining activities have reduced, adding the China decline story, which will see a decline in their ...

AUD/USD

Fundamentally and technically are weak. What else can you say?

AUD/USD

My view. Support trend line has already broken. Once PA retested former support which becomes new resistance, downtrend will resume. Higher price will be opportunity for bears to load up their positions.

AUD/USD

Euro have been extremely bullish for the straight 5 days, it could be insider trading knowing information not publicly known. Something is brewing.

Spider's Den

Sir, can we view your video outside webinar? This is due to different time zone. Thank you.

Spider's Den

It could be unwinding of Euro borrowed money. As the global equity turns red, big players liquidated their shareholdings thus converting into Euro cash which they have borrowed cheaply previously. Therefore, now they are selling equities, buying ...

Spider's Den

4 straight days of strong bulls. I smell something. Most likely could be insider trading knowing something and buying up euros.

EURUSD

Aussie testing the lows again. Once broken, we will surely break lower lows.

AUD/USD

Eur at the moment is breaking new highs while Aud is testing the yearly low and might break support to further south. Therefore most likely that this pair will break new highs. Fundamentally and economically, Aud is weak while Eur is stablising with ...

EUR/AUD

Why do you think there will be a gap down when open? Price is now too close to comfort at 1.146 resistance. Once this resistance is broken, the up trend will be confirmed, especially if Greece confirm a new pro-austerity government.

EURUSD

Agree. Shorting AUDUSD is a no brainer. Simply add shorts on retracements.

AUD/USD

It could be clearing of stops. This can be seen in CFTC from the fall in number of short positions. Fundamentally doesn't make sense, but technical tells a different story. In trading, we are short term, therefore we follow technicals.

Spider's Den

This pair can't stay above .74 despite several attempts. looking rather weak and testing further south.

AUD/USD

Be careful buying Aussie. Just my thoughts, as we know, a weak Yuan will make Australia's raw material more expensive, causing less demand. With lesser demand for Australia's raw material, we can expect something to happen.

AUD/USD

In theory yes, but seems technicals says otherwise.

EURUSD