{"id":1848,"date":"2011-11-10T04:08:37","date_gmt":"2011-11-10T09:08:37","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1848"},"modified":"2011-11-10T04:08:37","modified_gmt":"2011-11-10T09:08:37","slug":"euro-sinks-dragging-sterling-lower","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/10\/euro-sinks-dragging-sterling-lower\/","title":{"rendered":"Euro sinks, dragging sterling lower"},"content":{"rendered":"

EURUSD broke through $1.36 warning of another test of primary support at $1.32. Respect of the zero line by 63-day Twiggs Momentum confirms a primary down-trend. Failure of support would offer a target of $1.22*.<\/p>\n

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

* Target calculation: 1.32 – ( 1.42 – 1.32 ) = 1.22<\/span><\/p>\n

GBPUSD is being dragged lower by the euro. Reversal below $1.60 warns of another test of primary support at $1.53 — as does 63-day Twiggs Momentum respect of the zero line.\u00a0 Failure of support would offer a target of $1.46*.<\/p>\n

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

* Target calculation: 1.53 – ( 1.60 – 1.53 ) = 1.46<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

EURUSD broke through $1.36 warning of another test of primary support at $1.32. Respect of the zero line by 63-day Twiggs Momentum confirms a primary down-trend. Failure of support would offer a target of $1.22*. * Target calculation: 1.32 – ( 1.42 – 1.32 ) = 1.22 GBPUSD is being dragged lower by the euro. … <\/p>\n

Continue reading “Euro sinks, dragging sterling lower”<\/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":[33],"tags":[1289,1292,1309,1521,1523,2726,2759,3242,3510],"class_list":["post-1848","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-eur","tag-euro","tag-eurusd","tag-gbp","tag-gbpusd","tag-pound","tag-primary-support","tag-sterling","tag-twiggs-momentum"],"yoast_head":"\nEuro sinks, dragging sterling lower - 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=\"Euro sinks, dragging sterling lower - the patient investor\" \/>\n<meta property=\"og:description\" content=\"EURUSD broke through $1.36 warning of another test of primary support at $1.32. 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Failure of medium-term support would test the primary level at $1.32. In the long-term, breach of $1.32 (if the Greeks vote \"No\") would offer a target of $1.22*. 63-Day Twiggs Momentum holding below the zero line suggests continuation of\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":1941,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/17\/euro-drags-sterling-lower\/","url_meta":{"origin":1848,"position":1},"title":"Euro drags sterling lower","author":"ColinTwiggs","date":"November 17, 2011","format":false,"excerpt":"The euro broke support at $1.36 and is headed for a test of primary support at $1.32. Respect of zero by 63-day Twiggs Momentum signals a strong down-trend. Failure of support would signal a decline to $1.22*. * Target calculation: 1.32 - ( 1.42 - 1.32 ) = 1.22 The\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":2502,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/01\/euro-sterling-rally\/","url_meta":{"origin":1848,"position":2},"title":"Euro Sterling rally","author":"ColinTwiggs","date":"December 1, 2011","format":false,"excerpt":"The euro respected primary support at $1.32. Recovery above $1.36 would signal another attempt at $1.42. But the primary trend, as indicated by 63-day Twiggs Momentum below zero, is downward and breakout below $1.32 would signal a decline to $1.22*. * Target calculation: 1.32 - ( 1.42 - 1.32 )\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":2577,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/08\/forex-update\/","url_meta":{"origin":1848,"position":3},"title":"Forex update","author":"ColinTwiggs","date":"December 8, 2011","format":false,"excerpt":"The euro is likely to re-test primary support at $1.32 against the greenback. Declining 63-day Twiggs Momentum, below zero, warns of continuation of the primary down-trend. Breach of support would indicate a primary decline to $1.22*. * Target calculation: 1.32 - ( 1.42 - 1.32 ) = 1.22 Sterling rallied\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":1430,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/20\/forex-overview\/","url_meta":{"origin":1848,"position":4},"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":[]},{"id":4029,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/05\/forex-euro-pound-sterling-yen\/","url_meta":{"origin":1848,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1848","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=1848"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1848\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}