{"id":57350,"date":"2010-10-26T10:36:45","date_gmt":"2010-10-25T23:36:45","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2010\/10\/26\/audusd-parity-this-week\/"},"modified":"2010-10-26T10:36:45","modified_gmt":"2010-10-25T23:36:45","slug":"audusd-parity-this-week","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2010\/10\/26\/audusd-parity-this-week\/","title":{"rendered":"AUD\/USD Parity This Week?"},"content":{"rendered":"<p>\n\tBy Rudi Filapek-Vandyck<\/p>\n<p>\tThe Wizard reports he has been keeping a close eye on&nbsp;AUD\/USD in anticipation the Aussie dollar will reach parity without pulling back. He now believes that moment is not far off.<\/p>\n<p>\tIt could happen as soon as this week.<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/AUD-USD_partity_Wizard.jpg\" style=\"width: 680px;height: 329px\" \/><\/p>\n<p>\tThe technical picture for the Aussie dollar remains supportive, reports the Wizard. The MACD indicator is bullish after the recent healthy pullback and there&#039;s firm support at the 20 moving average (M\/A).<\/p>\n<p>\tA weekly close above parity would be very bullish for AUD. Note: currency specialists at National Australia Bank have now raised their forecasts and expect AUD\/USD to reach 1.05 by mid next year, before a gradual retreat is anticipated to kick in.<\/p>\n<p>\tNAB still sees AUD\/USD at 0.98 by late December 2011.<\/p>\n<p>\n\tThe TechWizard is the pseudonym of Scott Morrison, whose experience in financial markets exceeds twenty years. Morrison operates his own website nowadays at <a href=\"http:\/\/www.techwizard.com.au\">www.techwizard.com.au<\/a> The views expressed above are the TechWizard&#039;s, not FNArena&#039;s (see our disclaimer).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TechWizard believes AUD\/USD is poised to reach parity anytime soon now.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[29],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/57350"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=57350"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/57350\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=57350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=57350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=57350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}