No brainer trade, Stevens has already given the tp level at 0.75. However, lets not be greedy, we are fine to tp at 0.76. Technically and fundamentally, this pair looks bearish.

AUD/USD

IMO, this pair remains very weak despite growth story from earlier news release. It looks set to making new lows. All rallies are deemed as opportunity to sell.

AUD/USD

"RBA Governor Stevens with yet more jawboning - says AUD should be closer to 0.7500" So that's explained why. News leak maybe? Perhaps Stevens himself is selling before speaking?

AUD/USD

I wonder what causes the sudden down rush? Anybody? Not vested, too sudden to take the trade.

AUD/USD

Not really, because if you take a closer look, it may looks like good employment numbers, but the numbers are mostly made up of part time jobs. Therefore would say not good numbers. Any rallies are immediately sold off. Just my thoughts.

AUD/USD

There will always be buy signal for this pair as this pair has been in the "oversold" zone for a super long period of time. Please throw those overbought and oversold indicators away, because you will find that in forex, a pair can be in oversold or ...

AUD/USD

IMO, the pair still looks very weak and making new lows in the process. This is despite having good retail numbers earlier today. The good numbers might be due to cheaper Aussie for Chinese Tourists. Trade balance may better than last month but ...

AUD/USD

Again, we might be making new lows. Be careful. Trend is powerful.

AUD/USD

Bad GDP, bad Chinese news. What strength can you expect from the currency?

AUD/USD

Chinese news next, lets see where the news bring us to.

AUD/USD

As expected, we tested new lows again. Every rallies seems to be a bull trap, and opportunities for sellers to add on to their shorts.

AUD/USD

Seriously, this pair is weak and looking to test yesterday low or even might break new lows. Be careful.

AUD/USD

Shorts at .8540 progressing well atm. Shifted to BE for protection just in case the market goes against me.

AUD/USD

A chart pattern is not a pattern until it is being played out. Yes, you are right on the trend line, however, it is also a sell zone for seller at .8540 levels. This is a place where sellers will load up their shorts. That is why I mentioned ...

AUD/USD

image This will be a great level to watch. Its a support turn resistance line. Might be a good opportunity to load up shorts. The overall trend is still bearish to the downside, furthermore, we have tested new lows today and all moving averages ...

AUD/USD

Besides, we just created new lows for the year again.

AUD/USD

Why go against the trend? A pullback is possible but it best to stick to the trend and load up more shorts once pullback is reached.

AUD/USD

image Once we break thru the bottom channel, we will make new lows. Fundamentally, Aussie and commodity pairs are also towards the bearish side.

AUD/USD

I respect your thoughts, but be careful. As of now, we have not seen any reversal yet, all indicators and moving averages are pointing bearish.

AUD/USD

image IMO, nothing excited or surprising on yesterday upmove. We are just retracing from the bottom of the channel. Overall still bearish. Channel is down and all moving averages are still showing bearishness. There are not a sign of reversal at ...

AUD/USD