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AUD/USD keeps sideways moves between 0.7145/55 following its late-Thursday bounce off 0.7135. RBA’s Lowe struck cites economic outlook but rules out negative rates. Mixed sentiment concerning Sino-American trade future, US stimulus battle receding coronavirus figures at home. China Industrial Produc

"Buy low and sell high" is the essence of the market cycle. While the market forming its trends, it will not move up and down in a straight line. Instead, the market sometimes adjusts price in the direction that is contrary to established trends. For traders, the goal is to seize the low points form

USD/CHF stayed in consolidation above 0.9050 last week and outlook is unchanged. Initial bias stays neutral this week first. With 0.9241 resistance intact, further decline is expected. On the downside, break of 0.9050 will resume larger down trend. Nevertheless, on the upside, break of 0.9241 resist

People's Bank of China    PBOC inject 150bn yuan through 7-day reverse repos in open market operations (OMOs) today 10bn yuan in maturing RRs today   Still to come: China data day coming on Friday - July economic 'activity data'

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