{"id":1603,"date":"2011-10-27T03:03:23","date_gmt":"2011-10-27T07:03:23","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1603"},"modified":"2011-10-27T03:03:23","modified_gmt":"2011-10-27T07:03:23","slug":"forex-euro-and-the-aussie-dollar-strengthen","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/","title":{"rendered":"Forex: Euro and the Aussie dollar strengthen"},"content":{"rendered":"

The euro is testing resistance at the former support level of $1.40, in the hope that the bailout out-lined today will rescue the euro-zone from its debt crisis. We will probably read fairly disparate views over the next few weeks before the varying viewpoints synthesize into a clear market direction. Reversal below $1.365 would warn of a decline to $.20*, while narrow consolidation below the resistance level would suggest a breakout and advance to the 2011 highs.<\/p>\n

\"EURUSD\"<\/p>\n

* Target calculation: 1.30 – ( 1.40 – 1.30 ) = 1.20<\/span><\/p>\n

The Pound similarly rallied to $1.60. Respect would re-test primary support at $1.53, while breakout would target $1.67.<\/p>\n

\"GBPUSD\"<\/p>\n

* Target calculation: 1.53 – ( 1.60 – 1.53 ) = 1.46<\/span><\/p>\n

The dollar broke support at \u00a576, continuing its long-term (mega) down-trend against the Yen.\u00a0 Target for the breakout is \u00a572*.<\/p>\n

\"USDJPY\"<\/p>\n

* Target calculation: 76 – ( 80 – 76 ) = 72<\/span><\/p>\n

The Aussie benefited from the weaker greenback, recovering above $1.04 to signal an attempt at $1.08*. Penetration of the descending trendline indicates that the down-trend is weakening.<\/p>\n

\"AUDUSD\"<\/p>\n

* Target calculation: 1.04 + ( 1.04 – 1.00 ) = 1.08<\/span><\/p>\n

The Aussie and Loonie both closely follow commodity prices. Respect of the upper trend channel on the CRB Index would warn of another down-swing.
\n\"CRB
\nCanda’s Loonie is testing resistance at $1.00 against the greenback. Reversal below $0.975 would warn of another down-swing, while breakout above parity would target $1.02*.<\/p>\n

\"CADUSD\"<\/p>\n

* Target calculation: 1.00 + ( 1.00 – 0.98 ) = 1.02<\/span><\/p>\n

The Aussie dollar completed a double bottom<\/a> against its Kiwi counterpart (probably due to lost man-hours after celebrating their Rugby World Cup win). Expect a test of $1.32* followed by retracement to confirm support at $1.28.<\/p>\n

\"AUDNZD\"<\/p>\n

* Target calculation: 1.28 + ( 1.28 – 1.24 ) = 1.32<\/span><\/p>\n

The South Africans went home early (from the RWC) and a descending triangle<\/a> on the USDZAR warns of\u00a0 downward breakout to test support at $7.20.<\/p>\n

\"USDZAR\"<\/p>\n

* Target calculation: 7.80 – ( 8.40 – 7.80 ) = 7.20<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The euro is testing resistance at the former support level of $1.40, in the hope that the bailout out-lined today will rescue the euro-zone from its debt crisis. We will probably read fairly disparate views over the next few weeks before the varying viewpoints synthesize into a clear market direction. Reversal below $1.365 would warn … <\/p>\n

Continue reading “Forex: Euro and the Aussie dollar strengthen”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[38,40,7,17,33,34],"tags":[283,284,550,1292,1309,1521,1523,2726,2849,3242,3575,3576,3724],"class_list":["post-1603","post","type-post","status-publish","format-standard","hentry","category-africa-south-america","category-australia-nz-countries-regions","category-forex","category-japan-korea","category-uk-europe-countries-regions","category-us-canada-countries-regions","tag-audnzd","tag-audusd","tag-cadusd","tag-euro","tag-eurusd","tag-gbp","tag-gbpusd","tag-pound","tag-rand","tag-sterling","tag-usdjpy","tag-usdzar","tag-yen"],"yoast_head":"\nForex: Euro and the Aussie dollar strengthen - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forex: Euro and the Aussie dollar strengthen - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The euro is testing resistance at the former support level of $1.40, in the hope that the bailout out-lined today will rescue the euro-zone from its debt crisis. We will probably read fairly disparate views over the next few weeks before the varying viewpoints synthesize into a clear market direction. Reversal below $1.365 would warn … Continue reading "Forex: Euro and the Aussie dollar strengthen"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-10-27T07:03:23+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2011\/2011-10-27-eur.png\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Forex: Euro and the Aussie dollar strengthen\",\"datePublished\":\"2011-10-27T07:03:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/\"},\"wordCount\":267,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-27-eur.png\",\"keywords\":[\"AUDNZD\",\"AUDUSD\",\"CADUSD\",\"Euro\",\"EURUSD\",\"GBP\",\"GBPUSD\",\"Pound\",\"Rand\",\"Sterling\",\"USDJPY\",\"USDZAR\",\"Yen\"],\"articleSection\":[\"Africa & South America\",\"Australia & NZ\",\"Forex\",\"Japan & Korea\",\"UK & Europe\",\"US & Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/\",\"name\":\"Forex: Euro and the Aussie dollar strengthen - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-27-eur.png\",\"datePublished\":\"2011-10-27T07:03:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-27-eur.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-27-eur.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Forex: Euro and the Aussie dollar strengthen\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thepatientinvestor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\",\"https:\/\/www.instagram.com\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\",\"name\":\"ColinTwiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"caption\":\"ColinTwiggs\"},\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Forex: Euro and the Aussie dollar strengthen - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Forex: Euro and the Aussie dollar strengthen - the patient investor","og_description":"The euro is testing resistance at the former support level of $1.40, in the hope that the bailout out-lined today will rescue the euro-zone from its debt crisis. We will probably read fairly disparate views over the next few weeks before the varying viewpoints synthesize into a clear market direction. Reversal below $1.365 would warn … Continue reading \"Forex: Euro and the Aussie dollar strengthen\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2011-10-27T07:03:23+00:00","og_image":[{"url":"http:\/\/static.incrediblecharts.com\/images\/2011\/2011-10-27-eur.png","type":"","width":"","height":""}],"author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"Forex: Euro and the Aussie dollar strengthen","datePublished":"2011-10-27T07:03:23+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/"},"wordCount":267,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-27-eur.png","keywords":["AUDNZD","AUDUSD","CADUSD","Euro","EURUSD","GBP","GBPUSD","Pound","Rand","Sterling","USDJPY","USDZAR","Yen"],"articleSection":["Africa & South America","Australia & NZ","Forex","Japan & Korea","UK & Europe","US & Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/","name":"Forex: Euro and the Aussie dollar strengthen - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-27-eur.png","datePublished":"2011-10-27T07:03:23+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-27-eur.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-10-27-eur.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Forex: Euro and the Aussie dollar strengthen"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5","name":"ColinTwiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","caption":"ColinTwiggs"},"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-pR","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":578,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/01\/euro-checks-support\/","url_meta":{"origin":1603,"position":0},"title":"Euro checks support","author":"ColinTwiggs","date":"September 1, 2011","format":false,"excerpt":"The euro is headed for another test of support at $1.40 after respecting resistance at $1.45. The descending triangle suggests a downward breakout with a target of $1.30. Momentum crossing below zero would strengthen the signal. * Target calculation: 1.40 - ( 1.50 - 1.40 ) = 1.30 The pound\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1306,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/13\/euro-rallies-on-hope-of-bank-rescue\/","url_meta":{"origin":1603,"position":1},"title":"Euro rallies on hope of bank rescue","author":"ColinTwiggs","date":"October 13, 2011","format":false,"excerpt":"The euro is headed for a test of $1.40 against the greenback, on the hope that European banks will be re-capitalized after taking a haircut on the PIIGS bonds. There still appears to be some confusion -- I suspect deliberate -- as to who will pay, with German Finance Minister\u2026","rel":"","context":"In "Africa & South America"","block_context":{"text":"Africa & South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4029,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/05\/forex-euro-pound-sterling-yen\/","url_meta":{"origin":1603,"position":2},"title":"Forex: Euro, Pound Sterling & Yen","author":"Colin Twiggs","date":"April 5, 2012","format":false,"excerpt":"The Euro continues in a primary down-trend, with 63-day Twiggs Momentum respecting the zero line from below. Failure of medium-term support at $1.30 would indicate another test of primary support at $1.26. And breach of $1.26 would warn of a decline to $1.18*. * Target calculation: 1.26 - ( 1.34\u2026","rel":"","context":"In "Forex"","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3992,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/29\/forex-euro-pound-yen-2\/","url_meta":{"origin":1603,"position":3},"title":"Forex: Euro, Pound & Yen","author":"Colin Twiggs","date":"March 29, 2012","format":false,"excerpt":"The Euro is headed for another test of resistance at $1.35. Breakout would signal an initial advance to $1.40. Recovery of 63-day Twiggs Momentum above zero would signal a primary up-trend. * Target calculation: 1.35 + ( 1.35 - 1.30 ) = 1.40 Pound Sterling displays a similar pattern, testing\u2026","rel":"","context":"In "Forex"","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4121,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/19\/forex-euro-pound-sterling-and-yen-3\/","url_meta":{"origin":1603,"position":4},"title":"Forex: Euro, Pound Sterling and Yen","author":"Colin Twiggs","date":"April 19, 2012","format":false,"excerpt":"The Euro is consolidating above support at $1.30. Failure would test\u00a0 primary support at $1.26. A 63-day Twiggs Momentum peak below zero would indicate continuation of the primary down-trend. In the long term, failure of $1.26 would signal a decline to the 2010 low of $1.19\/$1.20*. * Target calculation: 1.26\u2026","rel":"","context":"In "Forex"","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1430,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/20\/forex-overview\/","url_meta":{"origin":1603,"position":5},"title":"Forex overview","author":"ColinTwiggs","date":"October 20, 2011","format":false,"excerpt":"The euro is consolidating above $1.365; failure of support would re-test $1.315, warning of another primary decline. A 63-day Twiggs Momentum peak below the zero line would confirm a strong primary down-trend. * Target calculation: 1.32 - ( 1.40 - 1.32 ) = 1.24 The pound retraced to test resistance\u2026","rel":"","context":"In "Africa & South America"","block_context":{"text":"Africa & South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1603"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1603\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}