{"id":1941,"date":"2011-11-17T04:13:26","date_gmt":"2011-11-17T09:13:26","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1941"},"modified":"2011-11-17T04:13:26","modified_gmt":"2011-11-17T09:13:26","slug":"euro-drags-sterling-lower","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/17\/euro-drags-sterling-lower\/","title":{"rendered":"Euro drags sterling lower"},"content":{"rendered":"

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*.<\/p>\n

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

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

The pound is also retracing, to test primary support at $1.53. 63-Day Twiggs Momentum indicates a strong down-trend. Failure of support would signal a decline to $1.45*.<\/p>\n

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

* Target calculation: 1.53 – ( 1.61 – 1.53 ) = 1.45<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

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 pound is also retracing, to … <\/p>\n

Continue reading “Euro drags 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":[1292,2726,2758,3242,3510],"class_list":["post-1941","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-euro","tag-pound","tag-primary-down-trend","tag-sterling","tag-twiggs-momentum"],"yoast_head":"\nEuro drags 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 drags sterling lower - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The euro broke support at $1.36 and is headed for a test of primary support at $1.32. 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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":1755,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/03\/euro-falters-upset-sterling\/","url_meta":{"origin":1941,"position":1},"title":"Euro falters upset sterling","author":"ColinTwiggs","date":"November 3, 2011","format":false,"excerpt":"The euro retreated below $1.40 and is now consolidating at $1.36. 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":1848,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/10\/euro-sinks-dragging-sterling-lower\/","url_meta":{"origin":1941,"position":2},"title":"Euro sinks, dragging sterling lower","author":"ColinTwiggs","date":"November 10, 2011","format":false,"excerpt":"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\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":1941,"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":2645,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/15\/forex-update-euro-breaks-support\/","url_meta":{"origin":1941,"position":4},"title":"Forex update: Euro breaks support","author":"ColinTwiggs","date":"December 15, 2011","format":false,"excerpt":"The euro broke through primary support at $1.32, warning of another primary decline with a target of $1.22*. Declining 63-day Twiggs Momentum indicates a strong primary down-trend. * Target calculation: 1.32 - ( 1.42 - 1.32 ) = 1.22 Pound Sterling is testing primary support at $1.54, while 63-day Twiggs\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":6818,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/27\/forex-euro-and-sterling-retreat-while-aussie-dollar-rebounds\/","url_meta":{"origin":1941,"position":5},"title":"Forex: Euro and Sterling retreat while Aussie Dollar rebounds","author":"Colin Twiggs","date":"February 27, 2013","format":false,"excerpt":"The euro broke medium-term support at $1.32 and the rising trendline against the greenback. While this indicates trend weakness it does not necessarily mean reversal to a primary down-trend. Completion of a 63-day Twiggs Momentum trough above zero would suggest that the trend is intact -- and an advance to\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1941","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=1941"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1941\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}