{"id":6715,"date":"2013-02-14T00:52:30","date_gmt":"2013-02-14T05:52:30","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6715"},"modified":"2013-02-14T00:52:30","modified_gmt":"2013-02-14T05:52:30","slug":"euro-tests-support-2","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/14\/euro-tests-support-2\/","title":{"rendered":"Euro tests support"},"content":{"rendered":"

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 $1.32, however, would indicate a bull trap — with a target of $1.27.<\/p>\n

\"Euro\/USD\"<\/p>\n

* Target calculation: 1.37 + ( 1.37 – 1.32 ) = 1.42<\/p>\n","protected":false},"excerpt":{"rendered":"

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 $1.32, however, would indicate a … <\/p>\n

Continue reading “Euro tests support”<\/span><\/a><\/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-6715","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 tests 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 tests support - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Euro retreated below its new support level at $1.35 on the weekly chart. 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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":2502,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/01\/euro-sterling-rally\/","url_meta":{"origin":6715,"position":1},"title":"Euro Sterling rally","author":"ColinTwiggs","date":"December 1, 2011","format":false,"excerpt":"The euro respected primary support at $1.32. Recovery above $1.36 would signal another attempt at $1.42. But the primary trend, as indicated by 63-day Twiggs Momentum below zero, is downward and breakout below $1.32 would signal a decline to $1.22*. * Target calculation: 1.32 - ( 1.42 - 1.32 )\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":7931,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/06\/20\/forex-euro-retraces-but-sterling-weakens-on-the-cross\/","url_meta":{"origin":6715,"position":2},"title":"Forex: Euro retraces but Sterling weakens on the cross","author":"ColinTwiggs","date":"June 20, 2013","format":false,"excerpt":"The euro is retracing to test the new support level at $1.32, respect would confirm the advance to $1.37*. * Target calculation: 1.32 + ( 1.32 - 1.27 ) = 1.37 Pound Sterling is testing support at \u20ac1.16 against the euro. Failure would indicate a decline to primary support at\u00a0\u00a0\u20ac1.14\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":2344,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/24\/euro-approaches-key-support\/","url_meta":{"origin":6715,"position":3},"title":"Euro approaches key support","author":"ColinTwiggs","date":"November 24, 2011","format":false,"excerpt":"The euro is headed for a test of primary support at $1.32.\u00a0 The peak below zero on 63-day Twiggs Momentum indicates a strong primary down-trend. Failure of support would offer a target of $1.22*. * Target calculation: 1.32 - ( 1.42 - 1.32 ) = 1.22","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":1755,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/03\/euro-falters-upset-sterling\/","url_meta":{"origin":6715,"position":4},"title":"Euro falters upset sterling","author":"ColinTwiggs","date":"November 3, 2011","format":false,"excerpt":"The euro retreated below $1.40 and is now consolidating at $1.36. Failure of medium-term support would test the primary level at $1.32. In the long-term, breach of $1.32 (if the Greeks vote \"No\") would offer a target of $1.22*. 63-Day Twiggs Momentum holding below the zero line suggests continuation of\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":1941,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/17\/euro-drags-sterling-lower\/","url_meta":{"origin":6715,"position":5},"title":"Euro drags sterling lower","author":"ColinTwiggs","date":"November 17, 2011","format":false,"excerpt":"The euro broke support at $1.36 and is headed for a test of primary support at $1.32. Respect of zero by 63-day Twiggs Momentum signals a strong down-trend. 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