##{"id":60364,"date":"2012-08-03T10:48:01","date_gmt":"2012-08-03T00:48:01","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/08\/03\/audusd-shows-signs-of-topping\/"},"modified":"2012-08-03T10:48:01","modified_gmt":"2012-08-03T00:48:01","slug":"audusd-shows-signs-of-topping","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/08\/03\/audusd-shows-signs-of-topping\/","title":{"rendered":"AUD\/USD Shows Signs Of Topping"},"content":{"rendered":"<p>\n\tBy Jamie <span class=\"scayt-misspell\">Saettele<\/span>, <span class=\"scayt-misspell\">CMT<\/span>, Sr. Technical Strategist, <span class=\"scayt-misspell\">FXCM<\/span><\/p>\n<p>\n\tThe original story can be accessed via: http:\/\/www.dailyfx.com\/<span class=\"scayt-misspell\">forex<\/span>\/technical\/<span class=\"scayt-misspell\">elliott_wave<\/span>\/<span class=\"scayt-misspell\">aud-usd<\/span>\/2012\/08\/02\/eliottWaves_aud-usd.html<\/p>\n<p>\n\t<strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Daily Bars<\/strong><\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/dailyfx3-8.jpg\" style=\"width: 700px;height: 488px\" \/><\/p>\n<p>\n\tPrepared by Jamie <span class=\"scayt-misspell\">Saettele<\/span>, <span class=\"scayt-misspell\">CMT<\/span><\/p>\n<p>\n\tIs an <span class=\"scayt-misspell\">AUDUSD<\/span> top of some sort in place now? The structure of the decline from Wednesday&rsquo;s high will determine if we can call it a longer term top. For now, stick with the recent interpretation. &ldquo;The swings since the 2011 high compose a triangle. The <span class=\"scayt-misspell\">NZDUSD<\/span> pattern makes it more likely though that the triangle is not bullish but rather forming from the October 2011 low as wave B within an A-B-C decline from the 2011 high. A series of zigzags is underway from the 6\/1 low. The implications are for a <span class=\"scayt-misspell\">retracement<\/span> of the advance from 10172 before a run at and top near 10600. <span class=\"scayt-misspell\">Retracement<\/span> levels range from 10250 to 10340 with 10380 as interim support.&rdquo;<\/p>\n<p>\n\tLEVELS: 10345 10383 10436 10504 10580 10636<\/p>\n<p>\tThe views expressed are not <span class=\"scayt-misspell\">FNArena&#039;s<\/span> (see our disclaimer).<\/p>\n<p>\n\tFor real time news and analysis, please visit http:\/\/www.dailyfx.com\/real_time_news<\/p>\n<p>\n\t<span class=\"scayt-misspell\">DailyFX<\/span> provides <span class=\"scayt-misspell\">forex<\/span> news on the economic reports and political events that influence the currency market. Learn currency trading with a free practice account and charts from <span class=\"scayt-misspell\">FXCM<\/span>.<\/p>\n<p>\n\twww.dailyfx.com<\/p>\n<p>\n\t<em><strong>Disclaimer<\/strong><\/em><\/p>\n<p>\n\t<em><u><span class=\"scayt-misspell\">Forex<\/span> Capital Markets is headquartered at Financial Square 32 Old Slip, <span class=\"scayt-misspell\">10th<\/span> Floor, New York, NY 10005 USA.<\/u><\/em><\/p>\n<p>\n\t<em>Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before you decide to trade the foreign exchange products offered by <span class=\"scayt-misspell\">Forex<\/span> Capital Markets, LLC, <span class=\"scayt-misspell\">Forex<\/span> Capital Markets Limited, inclusive of all EU branches, <span class=\"scayt-misspell\">FXCM<\/span> Asia Limited, or <span class=\"scayt-misspell\">FXCM<\/span> Australia Limited, any affiliates of aforementioned firms, or other firms under the <span class=\"scayt-misspell\">FXCM<\/span> group of companies [collectively Your Feedback (Thank You)&quot; &#8211; Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market analysts at FXCM suggest the Australian dollar is showing signs of topping out against the US dollar, making a retracement possible.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[29],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60364"}],"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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=60364"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60364\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=60364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=60364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=60364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}