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Australian Dollar Technical Outlook
Wednesday, 24 June 2009 14:20:56 GMT
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- Tuesday, 01 September 2009 22:52:03 GMT Australian Dollar Yields Sell Entry as Prices Break Key Support
- Tuesday, 25 August 2009 15:15:22 GMT Australian Dollar Technical Outlook
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- Tuesday, 11 August 2009 14:05:28 GMT Australian Dollar Technical Outlook
- Monday, 10 August 2009 14:47:13 GMT Australian Dollar Technical Outlook
- Friday, 07 August 2009 14:24:51 GMT Australian Dollar Technical Outlook
- Thursday, 06 August 2009 14:10:39 GMT Australian Dollar Technical Outlook
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- Friday, 31 July 2009 14:58:18 GMT Australian Dollar Technical Outlook
- Thursday, 30 July 2009 14:11:35 GMT Australian Dollar Technical Outlook
- Wednesday, 29 July 2009 15:01:13 GMT Australian Dollar Technical Outlook
- Tuesday, 28 July 2009 14:20:37 GMT Australian Dollar Technical Outlook
- Monday, 27 July 2009 14:28:20 GMT Australian Dollar Technical Outlook
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- Thursday, 23 July 2009 13:48:14 GMT Australian Dollar Technical Outlook
- Wednesday, 22 July 2009 14:18:12 GMT Australian Dollar Technical Outlook
- Tuesday, 21 July 2009 14:17:41 GMT Australian Dollar Technical Outlook
The AUDUSD count shown above is similar to the GBPUSD in that wave v of C may be truncated. The rally from .7823 is in 5 waves but failed to exceed .8269. Usually, this would signal that an entirely new bull cycle is underway. But given the extension of the rallies from .6245 and .6986, this scenario is not probable. Near term, the decline below .7823 supports the topping scenario as does the structure of the rally from .7786, which is in 3 waves.
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