image Seems to be like a channel play. However, view now are more to the bearish side. Plenty of resistance here at .91 and .913 level. Bears are in the territory.

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Agree. Now its in no man's land because .92 was not broken last week. By the way, nice trades you got there last week.

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What potential inverted head and shoulder? The neckline was already broken since .9 level, that is why it was bullish the whole of last week.

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image Might not. Last week Aussie failed to close above critical resistance level .92, means not a good sign for bulls.There is simply too much resistance above.

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image Not yet, still got legs. Next minor resistance near .92 Also, its a friday, why risk it over the weekend? Come monday will be another low volume day.

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EurAud or EurUsd?

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Nay, all these years, the govt are still having great difficulties to force the people out of their homes to cities. Done and tried that even with monetary rewards but nay. Anyway, looking at charts..... my charts posted yesterday and today are ...

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I agree. In the course of my work, I have frequently been to China as part of my country trade expedition team for many years. Indeed, there are still rooms for growth and improvements and the Chinese govt can do more. Imagine majority of the ...

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PA still resisted by this line. Look at the rejection when it touches or come close to this level. It just bounce off.

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image Levels nicely done, currently resisted by .9130. China data today will be interesting.

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10 hrs ago, I wrote: Now: Seems that PA unable to break .91 level. Rallies closing to 91 level are quickly being sold down. If this level broken, next resistance at .9126 - 36.

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Great stuff from Boris's tweet url

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Haa. I see. Thanks.

EURUSD

Sorry, do not understand.

EURUSD

Mr Hatch, pardon me but why Sep 18?

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Being conservative here, better to have the next candle bearish before jumping in.

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I suspect Euro are due for a trim at this level, but do not know when. Imagine that a high Euro will hurt Germany's export over time and Germany is the only country left at this moment to support the Euro. Not forgetting that Germany's election is ...

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I would think that China is driving itself into services to be substainable in the longer term and not overly dependent on exports. Anyway, export is not falling, it is increasing at 5.1$ yoy which means the global demands are increasing.

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Exports +5.1% y/y: expected +2.0%, prior -3.1% Imports +10.9% y/y: expected +1.0%, prior -0.7%Import grew 10.9%, ie. China is Aussie biggest importer, therefore means China is importing more from Aussie.

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Exports +5.1% y/y: expected +2.0%, prior -3.1% Imports +10.9% y/y: expected +1.0%, prior -0.7%Import grew 10.9%, ie. China is Aussie biggest importer, therefore means China is importing more Aussie.

EURUSD