{"id":6770,"date":"2013-02-20T23:19:27","date_gmt":"2013-02-21T04:19:27","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6770"},"modified":"2013-02-20T23:19:27","modified_gmt":"2013-02-21T04:19:27","slug":"aussie-dollar-weakens-2","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/20\/aussie-dollar-weakens-2\/","title":{"rendered":"Aussie Dollar weakens"},"content":{"rendered":"

The Aussie Dollar is headed for a test of primary support at $1.015 on the weekly chart. Failure of support would offer a target of $0.96, while respect would signal another attempt at $1.06. Reversal of 63-day Twiggs Momentum below zero suggests a downward breakout.<\/p>\n

\"Aussie<\/p>\n","protected":false},"excerpt":{"rendered":"

The Aussie Dollar is headed for a test of primary support at $1.015 on the weekly chart. Failure of support would offer a target of $0.96, while respect would signal another attempt at $1.06. Reversal of 63-day Twiggs Momentum below zero suggests a downward breakout.<\/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_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,7],"tags":[287],"class_list":["post-6770","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-forex","tag-aussie-dollar"],"yoast_head":"\nAussie Dollar weakens - 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 weakens - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Aussie Dollar is headed for a test of primary support at $1.015 on the weekly chart. Failure of support would offer a target of $0.96, while respect would signal another attempt at $1.06. 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Oscillation of 63-day Twiggs Momentum close to zero also indicates a ranging market. Upward breakout is more likely and would signal an advance to $1.10*, while reversal below $1.02 would\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4125,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/19\/forex-canadian-loonie-and-aussie-dollar-2\/","url_meta":{"origin":6770,"position":1},"title":"Forex: Canadian Loonie and Aussie Dollar","author":"Colin Twiggs","date":"April 19, 2012","format":false,"excerpt":"Canada's Loonie continues its narrow consolidation, having withstood falling crude oil prices over the last two weeks. 63-Day Twiggs Momentum holding above zero indicates a primary up-trend. Breakout above $1.01\u00a0would signal a primary advance to the 2011 high of $1.06*. Failure of support at $0.995 is less likely but would\u2026","rel":"","context":"In "Africa & South America"","block_context":{"text":"Africa & South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6722,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/14\/aussie-dollar-tests-trendline\/","url_meta":{"origin":6770,"position":2},"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 "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6818,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/27\/forex-euro-and-sterling-retreat-while-aussie-dollar-rebounds\/","url_meta":{"origin":6770,"position":3},"title":"Forex: Euro and Sterling retreat while Aussie Dollar rebounds","author":"Colin Twiggs","date":"February 27, 2013","format":false,"excerpt":"The euro broke medium-term support at $1.32 and the rising trendline against the greenback. While this indicates trend weakness it does not necessarily mean reversal to a primary down-trend. Completion of a 63-day Twiggs Momentum trough above zero would suggest that the trend is intact -- and an advance to\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4214,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/26\/forex-aussie-dollar-and-south-african-rand\/","url_meta":{"origin":6770,"position":4},"title":"Forex: Aussie Dollar and South African Rand","author":"Colin Twiggs","date":"April 26, 2012","format":false,"excerpt":"The Aussie Dollar encountered support at $1.03, evidenced by several long tails on the daily chart. Recovery above $1.045 would confirm that the correction has ended and would signal another advance to $1.08. Respect of zero by 63-day Twiggs Momentum would confirm the advance. The Aussie is declining against the\u2026","rel":"","context":"In "Africa & South America"","block_context":{"text":"Africa & South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"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":6770,"position":5},"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. 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