{"id":59435,"date":"2014-08-28T05:47:27","date_gmt":"2014-08-28T09:47:27","guid":{"rendered":"http:\/\/countingpips.com\/?p=59435"},"modified":"2014-08-28T07:26:08","modified_gmt":"2014-08-28T11:26:08","slug":"eurusd-trying-to-close-the-gap","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/08\/eurusd-trying-to-close-the-gap\/","title":{"rendered":"EUR\/USD trying to close the gap."},"content":{"rendered":"<div id=\"inves-846997136\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 28, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>The price has pierced the descending trendline, now is testing the previous resistance. This pair retested the 1,3218 \u2013 1,3221 level but now is a good opportunity to break above this resistance area and to close the gap down. If the price will goo above 1,3221 the the next target will be \u00a0at 1,3243 and higher at 1,3297 and 1,3348. All the eyes are on U.S. data, we have Preliminary GDP, Unemployment Claims and Pending Home Sales. \u00a0This morning we had Spanish Flash CPI, this indicator falls to -0,5% from -0,3%. German Unemployment Change rose from -12k to 2k, is slightly worse than the forecast of -5K. If the U.S. data will have negative aspects then EUR\/USD will grow on short term. Stochastic is oversold.<br \/>\n<img decoding=\"async\" src=\"http:\/\/content.screencast.com\/users\/OVTbusiness\/folders\/Jing\/media\/dcab0250-e89e-4127-a05c-d9ae2820eef3\/2014-08-28_1225.png\" alt=\"EUR\/USD\" \/><br \/>\nBy Olimpiu Tuns \u2013 owner of ovtbusiness.com and trader on Financial Markets for more than 4 years.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price has pierced the descending trendline, now is testing the previous resistance. This pair retested the 1,3218 \u2013 1,3221 level but now is a good opportunity to break above this resistance area and to close the gap down. If the price will goo above 1,3221 the the next target will be \u00a0at 1,3243 and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-59435","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/59435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=59435"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/59435\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=59435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=59435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=59435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}