{"id":133,"date":"2011-08-09T04:57:13","date_gmt":"2011-08-09T08:57:13","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=133"},"modified":"2011-08-09T04:57:13","modified_gmt":"2011-08-09T08:57:13","slug":"aussie-dollar-reveals-source-of-asx-bounce","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/","title":{"rendered":"Aussie dollar reveals source of ASX bounce"},"content":{"rendered":"<p>The Aussie dollar displays a similar long tail to the ASX 200, indicating that buying support on the Australian stock market came from international, not local, buyers. <a href=\"http:\/\/forum.incrediblecharts.com\/userscripts\/forums\/show.plx?tpc=6&amp;post=170781\">Dolphin<\/a> tells us that institutional buyers moved in when AUD fell below parity against the greenback.<\/p>\n<p>&nbsp;<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-aud.png?w=525&#038;ssl=1\" alt=\"Australian Dollar\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Aussie dollar displays a similar long tail to the ASX 200, indicating that buying support on the Australian stock market came from international, not local, buyers. Dolphin tells us that institutional buyers moved in when AUD fell below parity against the greenback. &nbsp;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,7],"tags":[],"class_list":["post-133","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-forex"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aussie dollar reveals source of ASX bounce - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aussie dollar reveals source of ASX bounce - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Aussie dollar displays a similar long tail to the ASX 200, indicating that buying support on the Australian stock market came from international, not local, buyers. Dolphin tells us that institutional buyers moved in when AUD fell below parity against the greenback. &nbsp;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-09T08:57:13+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-aud.png\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Aussie dollar reveals source of ASX bounce\",\"datePublished\":\"2011-08-09T08:57:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/\"},\"wordCount\":50,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-aud.png\",\"articleSection\":[\"Australia &amp; NZ\",\"Forex\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/\",\"name\":\"Aussie dollar reveals source of ASX bounce - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-aud.png\",\"datePublished\":\"2011-08-09T08:57:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-aud.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/tradingdiary\/images\/2011-08-09-aud.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/09\/aussie-dollar-reveals-source-of-asx-bounce\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aussie dollar reveals source of ASX bounce\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Banks have been under the pump for months, with plenty of negative publicity from the Royal Commission accompanied by media coverage of falling house prices. The Aussie Dollar also rallied,\u2026","rel":"","context":"In &quot;Aussie dollar&quot;","block_context":{"text":"Aussie dollar","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/aussie-dollar\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20489,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/05\/09\/gold-miners-show-interest-from-buyers\/","url_meta":{"origin":133,"position":1},"title":"Gold miners show interest from buyers","author":"Colin Twiggs","date":"May 9, 2020","format":false,"excerpt":"Spot Gold is testing support at $1680\/ounce. Trend index high above zero indicates buying pressure and respect of support at $1680 would confirm another advance, with a target of the 2011\/12 highs at $1800 to $1900. Real interest rates continue to fall, with the 10-year TIPS yield reaching -0.45% on\u2026","rel":"","context":"In &quot;Aussie dollar&quot;","block_context":{"text":"Aussie dollar","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/aussie-dollar\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9444,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/03\/10\/asx-and-aussie-dollar-retreat\/","url_meta":{"origin":133,"position":2},"title":"ASX and Aussie Dollar retreat","author":"ColinTwiggs","date":"March 10, 2014","format":false,"excerpt":"The Aussie Dollar retreated from resistance at $0.91 and is likely to test medium-term support at $0.89. Breach of support would test the primary level at $0.87, while respect would favor another attempt at $0.91. The primary trend is down and failure of primary support would offer a target of\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Aussie Dollar","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-10-aud.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-10-aud.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-10-aud.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":19840,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/02\/28\/asx-catches-a-virus\/","url_meta":{"origin":133,"position":3},"title":"ASX catches a virus","author":"Colin Twiggs","date":"February 28, 2020","format":false,"excerpt":"It's not a pretty sight. The ASX 200 fell close to 10% in a single week. The severity of the fall suggests that sellers are committed and buyers are scarce. Breach of support at 6400 is highly likely and would offer a target of 5400 (a 25% draw-down). A V-shaped\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8871,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/17\/aussie-dollar-leads-asx-lower\/","url_meta":{"origin":133,"position":4},"title":"Aussie Dollar leads ASX lower","author":"ColinTwiggs","date":"December 17, 2013","format":false,"excerpt":"The falling Aussie Dollar continues to reflect local market weakness. Breach of primary support at $0.89 against the greenback would indicate a primary decline, with a long-term target of $0.81*. The recent Twiggs Momentum peak below zero also suggests a primary down-trend. Respect of support, and recovery above the descending\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Aussie Dollar","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-17-aud.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-17-aud.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-12-17-aud.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":9528,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/03\/20\/aussie-dollar-resilient-despite-asx-correction\/","url_meta":{"origin":133,"position":5},"title":"Aussie Dollar resilient despite ASX correction","author":"ColinTwiggs","date":"March 20, 2014","format":false,"excerpt":"China is dragging the ASX lower despite a resilient US market. Breach of medium-term support at 5340 warns of a correction. Declining 21-day Twiggs Money Flow indicates selling pressure and reversal below zero would strengthen the signal. The primary trend remains upward, however, and only breach of support at 5050\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX 200","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-21-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-21-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-21-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=133"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/133\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}