{"id":2500,"date":"2011-12-01T04:20:26","date_gmt":"2011-12-01T09:20:26","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=2500"},"modified":"2011-12-01T04:20:26","modified_gmt":"2011-12-01T09:20:26","slug":"loonie-rallies","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/01\/loonie-rallies\/","title":{"rendered":"Loonie rallies"},"content":{"rendered":"

Canada’s Loonie also responded to rising commodity prices with a rally to test resistance at $1.01. Breakout remains unlikely, but would offer a long-term target of $1.07. The probability would increase if 63-day Twiggs Momentum recovers above zero.<\/p>\n

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

* Target calculation: 1.01 + ( 1.01 – 0.95 ) = 1.07<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Canada’s Loonie also responded to rising commodity prices with a rally to test resistance at $1.01. Breakout remains unlikely, but would offer a long-term target of $1.07. The probability would increase if 63-day Twiggs Momentum recovers above zero. * Target calculation: 1.01 + ( 1.01 – 0.95 ) = 1.07<\/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":[34],"tags":[550,557,2149,3510],"class_list":["post-2500","post","type-post","status-publish","format-standard","hentry","category-us-canada-countries-regions","tag-cadusd","tag-canada","tag-loonie","tag-twiggs-momentum"],"yoast_head":"\nLoonie rallies - 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=\"Loonie rallies - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Canada’s Loonie also responded to rising commodity prices with a rally to test resistance at $1.01. 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Canada's Loonie stood up surprisingly well, mainly because of rising crude oil prices. 63-Day Twiggs Momentum recovered above zero, indicating a primary up-trend. Breakout above $1.01 would strengthen the signal, offering a target of the 2011 high\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":3289,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/12\/forex-eur-aud-and-cad\/","url_meta":{"origin":2500,"position":1},"title":"Forex: EUR, AUD and CAD","author":"ColinTwiggs","date":"January 12, 2012","format":false,"excerpt":"The euro respected resistance at $1.32 in December, confirming a primary decline to $1.22*. Falling 63-day Twiggs Momentum strengthens the signal. * Target calculation: 1.32 - ( 1.42 - 1.32 ) = 1.22 Canada's Loonie broke its descending trendline to suggest a base is forming, as oil prices strengthen. Breakout\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":5747,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/12\/forex-euro-recovers-aussie-sterling-test-support\/","url_meta":{"origin":2500,"position":2},"title":"Forex: Euro recovers, Aussie & Sterling weaken","author":"Colin Twiggs","date":"October 12, 2012","format":false,"excerpt":"The Euro is headed for another re-test of resistance at $1.32 and its descending trendline. Breakout would signal a primary up-trend. Recovery of 63-day Twiggs Momentum above zero strengthens the signal. Reversal below $1.26 is unlikely but would warn of another test of primary support at $1.20. * Target calculation:\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":4062,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/12\/forex-canadian-loonie-and-aussie-dollar\/","url_meta":{"origin":2500,"position":3},"title":"Forex: Canadian Loonie and Aussie Dollar","author":"Colin Twiggs","date":"April 12, 2012","format":false,"excerpt":"Canada's Loonie continues its narrow consolidation between $0.995 and $1.01 but falling crude prices warn that a correction is likely. Breakout below $0.995 and reversal of 63-day Twiggs Momentum below zero would both signal a correction. Upward breakout is currently unlikely but would signal a primary advance to $1.06*. *\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":[]},{"id":2577,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/08\/forex-update\/","url_meta":{"origin":2500,"position":4},"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":4217,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/26\/forex-canadas-loonie-breaks-out\/","url_meta":{"origin":2500,"position":5},"title":"Forex: Canada's Loonie breaks out","author":"Colin Twiggs","date":"April 26, 2012","format":false,"excerpt":"The Loonie broke through resistance at $1.01 against the greenback, indicating an advance to the 2011 high of $1.06. 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