{"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_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 v27.2 - 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 co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-1DG","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":5273,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/16\/forex-euro-pound-sterling-canadian-loonie-australian-dollar-and-japanese-yen-2\/","url_meta":{"origin":6304,"position":0},"title":"Forex: Euro, Pound Sterling, Canadian Loonie, Australian Dollar and Japanese Yen","author":"Colin Twiggs","date":"August 16, 2012","format":false,"excerpt":"The Euro is testing short-term support at $1.2250 on the daily chart. Recovery above $1.2400 would indicate another rally, while failure of support would test primary support at $1.2050. The primary trend is still downwards, but breach of the descending trendline means the primary down-trend is losing momentum and a\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":5209,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/10\/forex-euro-pound-sterling-canadian-loonie-australian-dollar-south-african-rand-and-japanese-yen-3\/","url_meta":{"origin":6304,"position":1},"title":"Forex: Euro, Pound Sterling, Canadian Loonie, Australian Dollar, South African Rand and Japanese Yen","author":"Colin Twiggs","date":"August 10, 2012","format":false,"excerpt":"The Euro retreated after encountering resistance at $1.2400\/1.2450. Respect of the rising trendline, however, would confirm that the primary down-trend is losing momentum and a bottom is forming. Recovery above $1.2450 would strengthen the signal. Reversal below $1.2150 would warn of another down-swing -- confirmed if primary support at $1.2050\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":1430,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/20\/forex-overview\/","url_meta":{"origin":6304,"position":2},"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 &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":10138,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/26\/aussie-dollar-threatens-breakout-euro-tests-support\/","url_meta":{"origin":6304,"position":3},"title":"Aussie Dollar threatens breakout, Euro tests support","author":"ColinTwiggs","date":"June 26, 2014","format":false,"excerpt":"The Aussie Dollar continues to test resistance at $0.94. 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":4},"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":5},"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":[]}],"_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}]}}