Euro

[setravis]

Euro...
The euro penetrated its rising trendline, indicating that the rally has weakened. Reversal below $1.25 would signal another test of primary support at $1.19. Respect of support, however, would indicate the start of a primary up-trend. Twiggs Momentum (63-day) is also moving sideways and a rise above zero would strengthen the bull signal.

[setravis]

Euro...

The euro is testing medium-term support at $1.25. Failure would signal another test of primary support at $1.19. Respect of support is less likely because Twiggs Momentum (63-day) remains below zero, but would indicate the start of a primary up-trend.

[setravis]

Euro...

The euro is consolidating above medium-term support at $1.25. Failure would signal another test of primary support at $1.19. Twiggs Momentum (63-day) failed to break above zero and reversal below its August low would warn of another primary decline. Respect of support at $1.25 is unlikely, but would indicate the start of a primary up-trend.

[setravis]

Euro...

The euro responded to the weaker dollar with a rally to test resistance at $1.33. Breakout would signal the start of a primary up-trend, while reversal below $1.25 would re-test primary support at $1.19. Twiggs Momentum (63-day) recovery above zero would suggest the start of an up-trend, but reversal below its August low would warn of another primary decline.

[setravis]

Euro...
The euro broke resistance at $1.33, signaling the start of a primary up-trend. Expect an advance to $1.40*. Twiggs Momentum (63-day) recovery above zero indicates the start of an up-trend.

Target calculation: 1.33 - ( 1.33 - 1.26 ) = 1.40

[setravis]

Euro...
The euro is advancing towards $1.40* after breaking resistance at $1.33. The shallow dip below zero on Twiggs Momentum (21-day) indicates a solid up-trend.

Target calculation: 1.33 - ( 1.33 - 1.26 ) = 1.40

[setravis]

Euro...

The euro reached its target of $1.40* but shows no signs of hesitation. Expect retracement to test the new support level at $1.33. Rising Twiggs Momentum signals a strong up-trend.

* Target calculation: 1.33 - ( 1.33 - 1.26 ) = 1.40

[setravis]

Euro...

The euro is testing medium-term support at $1.37. Breakout would indicate a correction to the new support level at $1.33. Twiggs Momentum (21-day) respect of the zero line, however, would signal another primary advance.

* Target calculation: 1.33 - ( 1.33 - 1.26 ) = 1.40

[setravis]

Euro...

The euro broke resistance at $1.41, signaling an advance to $1.50*. Twiggs Momentum (21-day) respect of the rising trendline would signal a strong up-trend.

* Target calculation: 1.41 + ( 1.41 - 1.33 ) = 1.49

[setravis]

Euro...

The euro retraced to test support at $1.37; respect would signal an advance to $1.50*. Bearish divergence on Twiggs Momentum (21-day), however, warns of a correction. Respect of the zero line in the medium term would confirm the primary up-trend.

* Target calculation: 1.41 + ( 1.41 - 1.33 ) = 1.49 

[setravis]

Euro...
The euro breached support at $1.30, strengthening the bear signal on Twiggs Momentum (holding below the zero line). Recovery above $1.34 is most unlikely and retreat below $1.30 would test primary support at $1.26.

[setravis]

Euro...

The euro is testing resistance at $1.35, while Twiggs Momentum recovered above zero. Follow-through above $1.35 would offer a target of $1.42.

[setravis]

Euro...

The euro broke through resistance at $1.35, indicating an advance to $1.42*. In the short-term, expect retracement to test the new support level. A Twiggs Momentum trough above zero would strengthen the bull signal.

[setravis]

Euro...

The euro is advancing to test resistance at $1.42*. Breakout would offer a target of $1.50. A Twiggs Momentum trough above zero would strengthen the bull signal.

* Target calculation: 1.40 + ( 1.40 - 1.30 ) = 1.50

[setravis]

Euro...

The euro respected support at $1.35; recovery above $1.38 would signal another test of $1.42*. A Twiggs Momentum trough above zero would strengthen the bull signal.

* Target calculation: 1.40 + ( 1.40 - 1.30 ) = 1.50