{"id":916,"date":"2011-09-22T02:28:30","date_gmt":"2011-09-22T06:28:30","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=916"},"modified":"2011-09-22T02:28:30","modified_gmt":"2011-09-22T06:28:30","slug":"race-to-the-bottom","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/race-to-the-bottom\/","title":{"rendered":"Race to the bottom"},"content":{"rendered":"

The euro is outstripping the dollar in their race to the bottom. Having respected resistance at $1.40, breakout below $1.35 would signal a test of the next major support level at $1.30*. The 63-day Momentum peak below zero confirms a strong down-trend.<\/p>\n

\"Euro<\/p>\n

* Target calculation: 1.40 – ( 1.50 – 1.40 ) = 1.30<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The euro is outstripping the dollar in their race to the bottom. Having respected resistance at $1.40, breakout below $1.35 would signal a test of the next major support level at $1.30*. The 63-day Momentum peak below zero confirms a strong down-trend. * Target calculation: 1.40 – ( 1.50 – 1.40 ) = 1.30<\/p>\n","protected":false},"author":2,"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":[33],"tags":[1072,1292,1309,2929,3301,3330],"class_list":["post-916","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-dollar","tag-euro","tag-eurusd","tag-resistance","tag-support","tag-target"],"yoast_head":"\nRace to the bottom - 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=\"Race to the bottom - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The euro is outstripping the dollar in their race to the bottom. 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Breakout below $1.40 would signal a decline to test support at $1.30*. * Target calculation: 1.40 - ( 1.50 - 1.40 ) = 1.30","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":578,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/01\/euro-checks-support\/","url_meta":{"origin":916,"position":1},"title":"Euro checks support","author":"ColinTwiggs","date":"September 1, 2011","format":false,"excerpt":"The euro is headed for another test of support at $1.40 after respecting resistance at $1.45. The descending triangle suggests a downward breakout with a target of $1.30. Momentum crossing below zero would strengthen the signal. * Target calculation: 1.40 - ( 1.50 - 1.40 ) = 1.30 The pound\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":659,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/05\/euro-tests-primary-support-at-1-40\/","url_meta":{"origin":916,"position":2},"title":"Euro tests primary support at $1.40","author":"ColinTwiggs","date":"September 5, 2011","format":false,"excerpt":"The euro broke its medium-term trendline against the dollar at [TX] and is headed for another test of primary support at $1.40. Failure of support would offer a target of $1.30*. * Target calculation: 1.40 - ( 1.50 - 1.40 ) = 1.30","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":1167,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/06\/pound-joins-euro-slide\/","url_meta":{"origin":916,"position":3},"title":"Pound joins Euro slide","author":"ColinTwiggs","date":"October 6, 2011","format":false,"excerpt":"Apologies. I messed up the links at the bottom of the Trading Diary newsletter. For the correct link click here. Correct links are also available on the Trading Diary web page and under Recent Posts in the right margin of this page. The euro retraced to test resistance at $1.34\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":1051,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/28\/dollar-rise-as-euro-falls\/","url_meta":{"origin":916,"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. 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There still appears to be some confusion -- I suspect deliberate -- as to who will pay, with German Finance Minister\u2026","rel":"","context":"In "Africa & South America"","block_context":{"text":"Africa & 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\/916","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=916"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/916\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}