{"id":60687,"date":"2012-10-08T11:13:34","date_gmt":"2012-10-08T00:13:34","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/10\/08\/watch-101-50-techwizard-reports\/"},"modified":"2012-10-08T11:13:34","modified_gmt":"2012-10-08T00:13:34","slug":"watch-101-50-techwizard-reports","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/10\/08\/watch-101-50-techwizard-reports\/","title":{"rendered":"Watch 101.50, TechWizard Reports"},"content":{"rendered":"<p>\n\tBy Rudi <span class=\"scayt-misspell\">Filapek-Vandyck<\/span><\/p>\n<p>\tThe Aussie has had to endure some serious <span class=\"scayt-misspell\">headwinds<\/span> in recent times, including concerns about the ongoing economic slow down in China and yet another interest rate cut from the <span class=\"scayt-misspell\">RBA<\/span>. Viewed through the <span class=\"scayt-misspell\">TechWizard&#039;s<\/span> perspective, which is based upon technical analysis, the Aussie has now weakened to just above the key level of 1.0150.<\/p>\n<p>\tWere this level of support to be broken, the Wizard believes the market&#039;s focus would shift to USD parity and then to&nbsp;0.9600. The underlying message, suggests the Wizard, is there could be a lot more weakness in store for AUD\/USD.<\/p>\n<p>\tTraders and investors should closely watch 1.0150, reports the Wizard, as that level will likely prove key for what comes next.<\/p>\n<p>\n\tThe <span class=\"scayt-misspell\">TechWizard<\/span> is the pseudonym of Scott Morrison, whose experience in financial markets exceeds twenty years. Morrison operates his own website nowadays at www.techwizard.com.au. All views expressed are the <span class=\"scayt-misspell\">TechWizard&#039;s<\/span>, not FNArena&#039;s (see our disclaimer).<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/AUDUSD_key_resistance_Wizard.jpg\" style=\"width: 670px;height: 495px\" \/><\/p>\n<p>\n\t<strong>Technical limitations<\/strong><\/p>\n<p>\n\t<strong><span style=\"font-style: italic\">If you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, we <span>apologise<\/span>, but technical limitations are to blame.<\/strong><\/p>\n<p>\n\t<em>Find out why FNArena subscribers like the service so much: &quot;<a href=\"http:\/\/www.fnarena.com\/index4.cfm?type=dsp_newsitem&amp;n=29EB960D-9DFF-C00E-7F6B464E5D52E250\">Your Feedback (Thank You)<\/a>&quot; &#8211; Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TechWizard reports AUD\/USD is sitting above key technical support.<\/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\/60687"}],"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=60687"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60687\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=60687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=60687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=60687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}