{"id":6656,"date":"2013-02-07T02:22:36","date_gmt":"2013-02-07T07:22:36","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6656"},"modified":"2013-02-07T02:22:36","modified_gmt":"2013-02-07T07:22:36","slug":"aussie-dollar-momentum-falling","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/07\/aussie-dollar-momentum-falling\/","title":{"rendered":"Aussie Dollar: Momentum falling"},"content":{"rendered":"<p>The Aussie Dollar is again testing support at $1.03 on the weekly chart. Respect would indicate further consolidation &#8212; and a test of resistance at $1.06 &#8212; while failure would offer a target of parity ($1.00). Reversal of 63-day Twiggs Momentum below zero would favor a downward breakout.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" alt=\"Aussie Dollar\/USD\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2013\/2013-02-07-aud.png?w=525&#038;ssl=1\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 1.03 &#8211; ( 1.06 &#8211; 1.03 ) = 1.00<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Aussie Dollar is again testing support at $1.03 on the weekly chart. Respect would indicate further consolidation &#8212; and a test of resistance at $1.06 &#8212; while failure would offer a target of parity ($1.00). Reversal of 63-day Twiggs Momentum below zero would favor a downward breakout. * Target calculation: 1.03 &#8211; ( 1.06 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/07\/aussie-dollar-momentum-falling\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Aussie Dollar: Momentum falling&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"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":[287],"class_list":["post-6656","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-forex","tag-aussie-dollar"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aussie Dollar: Momentum falling - 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: Momentum falling - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Aussie Dollar is again testing support at $1.03 on the weekly chart. Respect would indicate further consolidation &#8212; and a test of resistance at $1.06 &#8212; while failure would offer a target of parity ($1.00). Reversal of 63-day Twiggs Momentum below zero would favor a downward breakout. * Target calculation: 1.03 &#8211; ( 1.06 &hellip; Continue reading &quot;Aussie Dollar: Momentum falling&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/07\/aussie-dollar-momentum-falling\/\" \/>\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:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-02-07T07:22:36+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2013\/2013-02-07-aud.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Aussie Dollar: Momentum falling\",\"datePublished\":\"2013-02-07T07:22:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/\"},\"wordCount\":53,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2013\\\/2013-02-07-aud.png\",\"keywords\":[\"Aussie dollar\"],\"articleSection\":[\"Australia &amp; NZ\",\"Forex\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/\",\"name\":\"Aussie Dollar: Momentum falling - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2013\\\/2013-02-07-aud.png\",\"datePublished\":\"2013-02-07T07:22:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2013\\\/2013-02-07-aud.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2013\\\/2013-02-07-aud.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/07\\\/aussie-dollar-momentum-falling\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aussie Dollar: Momentum falling\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\\\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.\",\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/people\\\/The-Patient-Investor\\\/61572934660810\\\/\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\",\"https:\\\/\\\/au.linkedin.com\\\/in\\\/colintwiggs\"],\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/author\\\/investor\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Aussie Dollar: Momentum falling - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Aussie Dollar: Momentum falling - the patient investor","og_description":"The Aussie Dollar is again testing support at $1.03 on the weekly chart. Respect would indicate further consolidation &#8212; and a test of resistance at $1.06 &#8212; while failure would offer a target of parity ($1.00). 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He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-1Jm","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":6722,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/14\/aussie-dollar-tests-trendline\/","url_meta":{"origin":6656,"position":0},"title":"Aussie Dollar tests trendline","author":"Colin Twiggs","date":"February 14, 2013","format":false,"excerpt":"The Aussie Dollar retreated above its former support level at $1.03 on the daily chart. Breakout above $1.04 -- and the declining trendline -- would indicate a bear trap, while reversal below $1.03 would test primary support at $1.015. Retreat of 63-day Twiggs Momentum below zero would favor a down-swing.\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":456,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/25\/aussie-weaker\/","url_meta":{"origin":6656,"position":1},"title":"Aussie weaker","author":"ColinTwiggs","date":"August 25, 2011","format":false,"excerpt":"The Aussie Dollar continues to consolidate between $1.03 and $1.06 against the greenback. Failure of support at $1.03 would test parity, while breakout above $1.06 would target resistance at $1.10. In the long term, declining commodity prices are likely to drag the Aussie lower -- unless the Fed starts printing\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":6032,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/06\/forex-euro-pound-sterling-australian-dollar-and-canadian-loonie-2\/","url_meta":{"origin":6656,"position":2},"title":"Forex: Euro, Pound Sterling, Australian Dollar and Canadian Loonie","author":"Colin Twiggs","date":"November 6, 2012","format":false,"excerpt":"The Euro is testing support at $1.28. Breakout would respect the primary down-trend, warning of another test of primary support at the 2010 low at $1.19\/1.20. Reversal of 63-day Twiggs Momentum below zero would strengthen the signal. Recovery above $1.32 is less likely but would indicate an advance to $1.35\/$1.36*.\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":6242,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/21\/euro-and-aussie-dollar-meet-resistance\/","url_meta":{"origin":6656,"position":3},"title":"Euro and Aussie Dollar meet resistance","author":"Colin Twiggs","date":"November 21, 2012","format":false,"excerpt":"The Euro respected resistance at $1.28 and another test of medium-term support at $1.265 is likely. Breach of support would indicate a correction to $1.23. The Aussie Dollar likewise respected resistance, at $1.04. Follow-through below $1.03 would test primary support at $1.02\/$1.015. Recovery above $1.04 is unlikely but would test\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":6911,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/08\/forex-euro-and-sterling-retreat-while-aussie-dollar-rebounds-2\/","url_meta":{"origin":6656,"position":4},"title":"Forex: Aussie consolidates above primary support while Euro weakens","author":"Colin Twiggs","date":"March 8, 2013","format":false,"excerpt":"The euro is testing medium-term support at $1.30. Breach of the rising trendline against the greenback already warns of trend weakness; failure of $1.30 would test primary support at $1.25. Reversal of 63-day Twiggs Momentum below zero would warn of a primary down-trend, while a trough above zero would suggest\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":5747,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/12\/forex-euro-recovers-aussie-sterling-test-support\/","url_meta":{"origin":6656,"position":5},"title":"Forex: Euro recovers, Aussie &#038; Sterling weaken","author":"Colin Twiggs","date":"October 12, 2012","format":false,"excerpt":"The Euro is headed for another re-test of resistance at $1.32 and its descending trendline. Breakout would signal a primary up-trend. Recovery of 63-day Twiggs Momentum above zero strengthens the signal. Reversal below $1.26 is unlikely but would warn of another test of primary support at $1.20. * Target calculation:\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6656","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6656"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6656\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}