{"id":6304,"date":"2012-11-28T18:08:54","date_gmt":"2012-11-28T23:08:54","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6304"},"modified":"2012-11-28T18:08:54","modified_gmt":"2012-11-28T23:08:54","slug":"euro-recovers","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/28\/euro-recovers\/","title":{"rendered":"Euro recovers"},"content":{"rendered":"<p>The Euro is testing its long-term descending trendline in response to the weakening dollar. Breakout above $1.315\/$1.32 would confirm the primary up-trend signaled earlier by 63-day Twiggs Momentum recovery above zero.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" alt=\"Euro\/USD\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2012\/2012-11-28-eur.png?w=525&#038;ssl=1\" \/><\/p>\n<p style=\"text-align:right;font-size:.9em;\"><span style=\"color:#999999;\">* Target calculation: 1.315 + ( 1.315 &#8211; 1.265 ) = 1.365<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Euro is testing its long-term descending trendline in response to the weakening dollar. Breakout above $1.315\/$1.32 would confirm the primary up-trend signaled earlier by 63-day Twiggs Momentum recovery above zero. * Target calculation: 1.315 + ( 1.315 &#8211; 1.265 ) = 1.365<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,7,33,34],"tags":[287,1292],"class_list":["post-6304","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-forex","category-uk-europe-countries-regions","category-us-canada-countries-regions","tag-aussie-dollar","tag-euro"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Euro recovers - 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 recovers - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Euro is testing its long-term descending trendline in response to the weakening dollar. Breakout above $1.315\/$1.32 would confirm the primary up-trend signaled earlier by 63-day Twiggs Momentum recovery above zero. * Target calculation: 1.315 + ( 1.315 &#8211; 1.265 ) = 1.365\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/28\/euro-recovers\/\" \/>\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:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-11-28T23:08:54+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2012\/2012-11-28-eur.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Euro recovers\",\"datePublished\":\"2012-11-28T23:08:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/\"},\"wordCount\":35,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-11-28-eur.png\",\"keywords\":[\"Aussie dollar\",\"Euro\"],\"articleSection\":[\"Australia &amp; NZ\",\"Forex\",\"UK &amp; Europe\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/\",\"name\":\"Euro recovers - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-11-28-eur.png\",\"datePublished\":\"2012-11-28T23:08:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-11-28-eur.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2012\\\/2012-11-28-eur.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/11\\\/28\\\/euro-recovers\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Euro recovers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients. Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter. Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit. 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Recovery of 13-week Twiggs Momentum above zero suggests continuation of the up-trend, testing resistance at $0.97. Reversal below $0.92 is unlikely at present, but would warn of a decline to the band of support between $0.87 and $0.89. The Euro respected\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5775,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/18\/forex-euro-pound-sterling-canadian-loonie-and-aussie-dollar\/","url_meta":{"origin":6304,"position":1},"title":"Forex: Euro, Pound Sterling, Canadian Loonie and Aussie Dollar","author":"Colin Twiggs","date":"October 18, 2012","format":false,"excerpt":"The Euro rallied off support at $1.28 and is headed for resistance at $1.32. Recovery of 63-day Twiggs Momentum above zero suggests a primary up-trend. Breakout above $1.32 would confirm, offering an immediate target of the 2012 high at $1.35. * Target calculation: 1.32 + ( 1.32 - 1.28 )\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5840,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/25\/forex-aussie-dollar-euro-pound-sterling-and-canadas-loonie\/","url_meta":{"origin":6304,"position":2},"title":"Forex: Aussie Dollar, Euro, Pound Sterling and Canada&#039;s Loonie","author":"Colin Twiggs","date":"October 25, 2012","format":false,"excerpt":"The Aussie Dollar (daily chart) is headed for another test of resistance at $1.04 against the greenback. A 63-day Twiggs Momentum trough above zero suggests a primary up-trend. Breakout above $1.04 would offer a target of $1.06*. * Target calculation: 1.04 + ( 1.04 - 1.02 ) = 1.06 The\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1837,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/10\/dollar-surges-on-euro-turmoil\/","url_meta":{"origin":6304,"position":3},"title":"Dollar surges on euro turmoil","author":"ColinTwiggs","date":"November 10, 2011","format":false,"excerpt":"The Dollar Index is headed for another test of resistance at 80 on the strength of the euro crisis. Respect of the zero line by 63-day Twiggs Momentum suggests a primary up-trend. Breakout above 80 on the index (or 5% on TMO) would confirm, offering a medium-term target of 85*.\u2026","rel":"","context":"In &quot;US Dollar Index&quot;","block_context":{"text":"US Dollar Index","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/us-dollar-index\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4723,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/28\/forex-euro-pound-sterling-australian-dollar-and-canadian-loonie\/","url_meta":{"origin":6304,"position":4},"title":"Forex: Euro, Pound Sterling, Australian Dollar and Canadian Loonie","author":"Colin Twiggs","date":"June 28, 2012","format":false,"excerpt":"The Euro retreated below support at $1.26, indicating a test of the 2010 low at $1.19\/1.20. Breach of the rising trendline on 63-day Twiggs Momentum would strengthen the bear signal. Pound Sterling is testing resistance at $1.58 against the greenback. Respect would indicate\u00a0 another test of primary support at $1.52.\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5038,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/02\/forex-euro-pound-sterling-canadian-loonie-australian-dollar-south-african-rand-and-japanese-yen-2\/","url_meta":{"origin":6304,"position":5},"title":"Forex: Euro, Pound Sterling, Canadian Loonie, Australian Dollar, South African Rand and Japanese Yen","author":"Colin Twiggs","date":"August 2, 2012","format":false,"excerpt":"The Euro retreated from resistance at $1.24 to test support at $1.22. Downward breakout would test the 2010 low of $1.19. Declining 63-day Twiggs Momentum continues to indicate a strong down-trend. * Target calculation: 1.23 - ( 1.27 - 1.23 ) = 1.19 Pound Sterling broke short-term support at \u20ac1.27\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; 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\/6304","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6304"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6304\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}