Trump May Meet Xi at G-20 Summit to Discuss Trade, Kudlow Says

Let's see AUD gap up

DXY down on this news, buy other USD Pairs

AUD will gap up big because of Brazilian election, seems like Bolsonaro is winning by landslide, so both AUD and NZD gap up on Monday

Can you please explain the relaiton of the election and the AUD and NZD up comment? I dont know it and I wanna know it.

I dont uderstand. DXY is a basket of US Pairs? And Index of Dollar strength/weakness acreoss all majors?
If DXY is down which "other US pairs do you suggest buying that is swimming against this trend?
Please advise.

gap up or gap down

They can talk all they want, it is highly doubtful that anything will come of it. What the US is demanding means wholesale domestic change in Chinese policy, and there no way that will happen. Everything in the news is just fodder! The plan for US negotiators is to strengthen trade relations with Europe and other Asian countries initiating a squeeze on China's economy strategy. China on the other hand is doing itself no favors by playing the waiting game. Remember they tend to think in the 100 year term, so waiting it out until the next administration is elected so they can bribe them is what they are hoping for, starting with the upcoming mid-terms. However, their strategy may back fire, as many members already seeing the writing on the wall are retiring or opting to not seek re-election due to some unholy alliances with the Chinese national companies who are and have been one of Washington's biggest lobbyists! Interesting times we live in, and eventually the game gets call out exposing the greed and manipulation of the CHICOMS!

True, it does not matter... Since, gap up or gap down is meaningless, but the bullish trend will be up. Specially, if you look at NZDUSD 4H, there is an inside bar formation, and with this news, it has a tendency to break out upward... However, on Gap Up, I believe, there could be a Professional Gap Up formation to trap the sellers below, a Professional gap up can be a big one

Not sure I see the inside bar on NZDUSD 4 hour chart you reference in your comment....

Oh, now I see it. It's on the chart on the left which charts the ask; the chart on the right charts the bid (no inside bar there)