AUD/CAD - AUD/CAD has run into a wall of resistance from the 78.6% fibo of .8826-.8119 at .8674.  In fact, the last 5 day's highs have been between .8661 and .8684.  Daily oscillators are calling for a turn.  Divergence with CCI and CCI crossing below 100, RSI crossing below 70, and MACD slope turning negative all favor a reversal.  Support is at the 7/31 low at .8579.  Initial resistance is at the 7/31 high at .8684.  However, this could very well be a long term turn to the upside in AUD/CAD.  Last month's high took out the previous 5 month's highs.  The weakness then that is likely to occur now would be a correction of the rally from .8119.

AUD/JPY - AUD/JPY has digested losses sustained over the last week from the 7/26 high at 88.88.  The hourly chart shows a head and shoulders reversal pattern and the correction up from the 8/1 low at 87.15 has stalled at the 38.2% fibo of 88.88-87.15 at 87.81.  The pair is tracing out its right shoulder at the moment.  The high of the left shoulder is potential resistance as well at 88.04.  RSI has declined from above 70 on the daily and MACD is again sloping down - both of these indicators favor the downside.

AUD/NZD - AUD/NZD made a double top with the recent highs just below 1.2450.  this combined with bearish divergence with oscillators on the daily favor the downside.  The hourly shows the wave count.  A clear 5 wave uptrend ended at 1.2448.  The hourly also shows bearish divergence with oscillators.  Both the daily and hourly charts are bearish and risk is limited to the upside with the double at 1.2423/48.  Initial support is at the 7/28 low at 1.2270.  

Jamie Saettele is a Technical Currency Analyst for FXCM.