{"id":6651,"date":"2013-02-07T02:14:42","date_gmt":"2013-02-07T07:14:42","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6651"},"modified":"2013-02-07T02:14:42","modified_gmt":"2013-02-07T07:14:42","slug":"euro-up-trend-2","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/07\/euro-up-trend-2\/","title":{"rendered":"Euro finds new support"},"content":{"rendered":"

The Euro is testing its new support level at $1.35 on the weekly chart. Respect would confirm the primary up-trend. Rising 63-day Twiggs Momentum (above zero) strengthens the signal. Reversal below $1.32 and the rising trendline is unlikely but would indicate a bull trap — and test of primary support at $1.20.<\/p>\n

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

The Euro is testing its new support level at $1.35 on the weekly chart. Respect would confirm the primary up-trend. Rising 63-day Twiggs Momentum (above zero) strengthens the signal. Reversal below $1.32 and the rising trendline is unlikely but would indicate a bull trap — and test of primary support at $1.20.<\/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":[7,33,34],"tags":[1292,1618],"class_list":["post-6651","post","type-post","status-publish","format-standard","hentry","category-forex","category-uk-europe-countries-regions","category-us-canada-countries-regions","tag-euro","tag-greenback"],"yoast_head":"\nEuro finds new support - 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 finds new support - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Euro is testing its new support level at $1.35 on the weekly chart. Respect would confirm the primary up-trend. Rising 63-day Twiggs Momentum (above zero) strengthens the signal. 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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 above $1.37 would be bullish, while breakout above $1.38 would confirm a primary advance, with an immediate target of $1.43*. Reversal below $1.355 is unlikely, but would warn of another test of primary support at $1.33. * Target calculation: 1.38\u2026","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"Euro","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-01-15-eur.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-01-15-eur.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-01-15-eur.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":6715,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/14\/euro-tests-support-2\/","url_meta":{"origin":6651,"position":1},"title":"Euro tests support","author":"Colin Twiggs","date":"February 14, 2013","format":false,"excerpt":"The Euro retreated below its new support level at $1.35 on the weekly chart. Expect a test of $1.32 and the rising trendline. Respect would indicate a primary advance with a target of $1.42*. Rising 63-day Twiggs Momentum (above zero) suggests continuation of the primary up-trend. Failure of support at\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":9344,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/03\/04\/europe-shaken-but-not-stirred\/","url_meta":{"origin":6651,"position":2},"title":"Europe: Shaken but not stirred","author":"ColinTwiggs","date":"March 4, 2014","format":false,"excerpt":"The Euro has held up well despite rising tensions with Russia over the Ukraine. Reversal below $1.365 would warn of a test of primary support at $1.35. Bearish divergence on 13-week Twiggs Momentum suggests another correction. Breakout above $1.38 is less likely at present, but would signal an advance to\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":"Euro","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-03-eur.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-03-eur.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-03-03-eur.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":6572,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/24\/euro-up-trend\/","url_meta":{"origin":6651,"position":3},"title":"Euro up-trend","author":"Colin Twiggs","date":"January 24, 2013","format":false,"excerpt":"The Euro is headed for a test of resistance at $1.35 on the monthly chart. Breakout would confirm the primary up-trend. Rising 63-day Twiggs Momentum (above zero) strengthens the signal. Reversal below $1.30 and the rising trendline, however, would indicate another test of primary support at $1.20.","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":6773,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/21\/euro-retraces\/","url_meta":{"origin":6651,"position":4},"title":"Euro retraces","author":"Colin Twiggs","date":"February 21, 2013","format":false,"excerpt":"The Euro retraced to test support and the rising trendline at $1.32. Respect would indicate a primary advance with a target of $1.42*. 63-Day Twiggs Momentum well above zero suggests continuation of the primary up-trend. Failure of support at $1.32, however, would indicate a bull trap -- with a target\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":4219,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/26\/forex-euro-and-pound-sterling\/","url_meta":{"origin":6651,"position":5},"title":"Forex: Euro and Pound Sterling","author":"Colin Twiggs","date":"April 26, 2012","format":false,"excerpt":"The euro continues to test medium-term support at $1.30. With the dollar currently \"the best horse in the glue factory\", support is likely to fail, signaling a re-test of the primary level at $1.26. 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