A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings once again, Everyone!
We check back in on One of our Three Units from our previous Big Post Update, and with the Aussie Dollar being as I said… In my personal View… the Strongest of the “Six Sibling” Pairs… A significant Correction may be “looming on The Horizon”.
Despite the rather “sound” Macro-Fundamentals and the RBA having clear Oversight into their Economy, the strong GDP Data Points, and of course… the “Back-in-the-Spotlight” Demand for Commodities from China as The Metals Sector continues Its Run.
As all of you have heard me mention so many times… you probably want to kill me by now…
“Just because the Beijing Games are over… does not mean China rolled up the Streets and simply stopped Building…” 
The Aussie is simply deeply Overbought with no significant Corrections to speak of.
We simply know this cannot continue indefinitely… Price will have to “Rest” sometime as Institutional Views take Profits off of the Table, and Commodity Bulls due the same as well. Exports ar surely going to De-Stabilize as The Aussie Bulls continue on…
Here we have the Aussie and Gold Hourly, and the Significance here is the The relative “Lagging” Aspect on this Time-Cycle of Gold to the Aussie.
Gold retains a bit more Consolidation and a little less “Speed” of Momentum… which gives a bit if Insight into The Aussie’s “Sprinting” Characteristics lately and Its more significant Slope and Angle.
Give the Captures a Click for various Levels, and Post-Time is 7:15 GMT.
The 7:00 GMT “Currency Majors Technical Perspective” Report is available, so have a look for some Immediate-Term Detail, as overall Consolidation begins as we await the Macro-Data Points that begin today with ADP.
As always, I will return with more Updates as we move forward, so please join me then!
