China’s Economy Loses Momentum in April, Clouding Policy Outlook

Gap down on audusd

aud usd oversold, time for nzdusd to follow, they export mass amounts of edibles to china

You saying the price will create a gap?

it should and a big one , I would think but I have been wrong before

I think price gap down in USDJPY and USDNZD as well as Aussie.

considering the open positions I am holding over the weekend, this is great news.

Sometimes it can do the opposite but Im think at least 20 pip gap down, then fill the gap then drop another 50-100

Gap up EUR/AUD, GBP/AUD and gap down AUD/USD. No gap for USD/JPY but USD will rally a little upon new york open

Right now AUDUSD at 200 DMA, not sure about Gap down, surely there is bounce upside

On 8th of May 2016 china data was good but AUD/USD was down not up so i think on this monday AUD/USD will go up instea d of down.

Any thoughts about oil price?

AUD/USD is already oversold position, i think it should go up now the time

AUDUSD is likely to Gap up toward .73 in my opinion given there was a certain amount of this built in Fridays closing price Even if a small Gap down of about 20pips this will be regained by Europe/American Trading time before Price continue downward after Monday's AUD/NZD Policy minutes/Inflation info respectively.

Any big downward pressure on AUDUSD/NZDUSD pairs are likely to be slowed by the pending Price index info due on Tuesday.

You clearly don't understand news. I'll try to be nice and educate you a little bit as I'm gathering from your comment that you completely ignorant to economics.

So trade balance is measured by the difference between Imports and Exports. When you have a larger Export sales than Import sales, you have what is called a trade surplus. (selling more stuff internationally than you are buying from abroad) On the reverse, when you have more Imports than exports, you have a trade deficit. Examples, US currently has a trade deficit while China as you can see has a trade surplus.

As you can see, China had an even greater surplus than forecasted, so you would assume that positive news for China is positive news for AUD and NZD on the surface because China is a major TRADE partner for both. BUT this means that if China had increase in Surplus, they either had a increase in Exports or a decrease in Imports. Now considering the global downturn, at a glance its safe to assume exports did not increase and that imports most likely decreased.

This means that imports decreased and data shows this. Thus AUD and NZD sold less stuff in China and made this "positive" news for China was clearly negative for AUD and NZD. So the basis of your analysis is false.

The gap should go down, as for how far is up for debate.

Long Aussie, as it's a defacto risk currency, AKA-GOLD!

Dollar will weaken as yen strengthens, as investors look for safety in havens, this will lead to investors fleeing to gold, which will be great for the yen chf nzd, aud.

will it be immediate maybe not but the fundamentals of correlation and the charts all point to a stronger appetite for safety which will be great for the Aussie by proxy.

Tw4t

Are you mad that I helped someone?

Looks like the opposite to me. Unless he speaks in opposite terms