{"id":6559,"date":"2013-01-17T02:16:58","date_gmt":"2013-01-17T07:16:58","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6559"},"modified":"2013-01-17T02:16:58","modified_gmt":"2013-01-17T07:16:58","slug":"euro-advances","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/17\/euro-advances\/","title":{"rendered":"Euro advances"},"content":{"rendered":"

The Euro is advancing against the weakening dollar. Target for the advance is the long-term declining trendline on the monthly chart — around $1.40. A primary up-trend is signaled by 63-day Twiggs Momentum recovery above zero.<\/p>\n

\"Euro\/USD\"<\/p>\n","protected":false},"excerpt":{"rendered":"

The Euro is advancing against the weakening dollar. Target for the advance is the long-term declining trendline on the monthly chart — around $1.40. A primary up-trend is signaled by 63-day Twiggs Momentum recovery above zero.<\/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-6559","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":"\nEuro advances - 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 advances - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Euro is advancing against the weakening dollar. 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Respect of the new support level would confirm. The Aussie Dollar likewise displays evidence of buying pressure, with long tails below resistance at $1.04. Breakout would offer a target of\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":1837,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/10\/dollar-surges-on-euro-turmoil\/","url_meta":{"origin":6559,"position":1},"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 "US Dollar Index"","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":6242,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/21\/euro-and-aussie-dollar-meet-resistance\/","url_meta":{"origin":6559,"position":2},"title":"Euro and Aussie Dollar meet resistance","author":"Colin Twiggs","date":"November 21, 2012","format":false,"excerpt":"The Euro respected resistance at $1.28 and another test of medium-term support at $1.265 is likely. Breach of support would indicate a correction to $1.23. The Aussie Dollar likewise respected resistance, at $1.04. Follow-through below $1.03 would test primary support at $1.02\/$1.015. Recovery above $1.04 is unlikely but would test\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":10138,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/26\/aussie-dollar-threatens-breakout-euro-tests-support\/","url_meta":{"origin":6559,"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 "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":1051,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/28\/dollar-rise-as-euro-falls\/","url_meta":{"origin":6559,"position":4},"title":"Dollar rise as euro falls","author":"ColinTwiggs","date":"September 28, 2011","format":false,"excerpt":"The euro is testing short-term support against the greenback at $1.35\/1.34. 63-Day Momentum (declining below zero) reminds we are in a primary down-trend. Failure of support would signal a decline to $1.30*. * Target calculation: 1.40 - ( 1.50 - 1.40 ) = 1.30 The dollar has benefited from safe\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":4773,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/05\/forex-euro-pound-sterling-canadian-loonie-australian-dollar-japanese-yen-and-south-african-rand\/","url_meta":{"origin":6559,"position":5},"title":"Forex: Euro, Pound Sterling, Canadian Loonie, Australian Dollar, Japanese Yen and South African Rand","author":"Colin Twiggs","date":"July 5, 2012","format":false,"excerpt":"The Euro broke support at $1.25 before falling sharply through $1.24, warning of another decline. Narrow consolidation below the new resistance level is a bearish sign. 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