{"id":97930,"date":"2016-11-09T06:14:50","date_gmt":"2016-11-09T11:14:50","guid":{"rendered":"http:\/\/countingpips.com\/?p=97930"},"modified":"2016-11-09T06:14:50","modified_gmt":"2016-11-09T11:14:50","slug":"eurusd-trump-helps-eurobulls-to-return-to-1-13","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/11\/eurusd-trump-helps-eurobulls-to-return-to-1-13\/","title":{"rendered":"EUR\/USD: Trump helps eurobulls to return to 1.13"},"content":{"rendered":"<div id=\"inves-3594771340\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 9, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By\u00a0Gabriel Ojimadu, Alpari<\/strong><\/p>\n<div class=\"reviews-item__content\">\n<p><strong><em>Previous:<\/em><\/strong><\/p>\n<p>On Tuesday the euro\/dollar closed down. The American stock indices closed up. After the FBI brought their investigations into Clinton to a close, many believed that she would become the 45<sup>th<\/sup> US president. The euro stabilised then at 1.1011.<\/p>\n<p><strong><em>Market expectations:<\/em><\/strong><\/p>\n<p>As the data came in in favour of Clinton, the euro\/dollar fell to 1.0990. But the situation quickly changed. Trump has broken ahead. The euro rose against the dollar by 2.72% to 1.1283. No one believed that the Yanks would vote for Trump in such numbers.<\/p>\n<p>At the time of writing this analysis, Trump is on 244, whereas Clinton is on 215. He has just 26 votes to gather to become president. The formal voting procedure for electoral colleges will take place on 19<sup>th<\/sup>December. On 6<sup>th<\/sup> January, 2017, congress will confirm the results. The inauguration of the US president is set for 20<sup>th<\/sup> January. Due to this I haven\u2019t bothered to forecast the euro\u2019s movements since anything could change at any time. I can only say that the road is open to 1.1308. This is a level from which a correction could start, but this isn\u2019t 100%. If Trump takes it, the euro will shoot up to 1.15.<\/p>\n<p><strong><em>Day\u2019s News (GMT+3):<\/em><\/strong><\/p><div id=\"inves-3372512047\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<ul class=\"list list_type_disc\">\n<li>12:30, UK September balance of trade;<\/li>\n<li>18:30, US oil reserves for week ending 5<sup>th<\/sup> November.<\/li>\n<\/ul>\n<p><strong><em>Technical Analysis:<\/em><\/strong><\/p>\n<p>Intraday forecast: minimum: n\/a, maximum: n\/a, close: n\/a.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.alpari.ru\/data\/media\/trunk\/images\/Analytics\/2016\/11\/eur_091116.png\" alt=\"\" \/><\/p>\n<p align=\"center\">Euro\/dollar rate on the hourly. Source: TradingView<\/p>\n<p>The Gann levels are calculated on the basis of a 1.1283 maximum. At the moment the new maximum is fixed at 1.1295. We need to add the point difference between these maximums to the calculated levels. If the buyers again manage to shift it, we will have to recalculate the levels again.<\/p>\n<p>The price is in a zone way off the beaten track (above the U3). The euro has been chased up there by the Americans voting for Trump. The euro\/dollar has neared the MA line U5 at 1.1308. The MA line U6 passes through 1.15. The line is there for in the event of anomalous price deviations from the LB. On this graph you can\u2019t see it. If the euro bounces, then it will head to the U4 at 1.1176. With every hour that goes by it will rise by 5 points.<\/p>\n<div class=\"s_invisible_yes\">Source: &#8220;<a href=\"http:\/\/alpari.com\/en\/analytics\/reviews\/market_sessions\/16711_09112016\/\">EUR\/USD: Trump helps eurobulls to return to 1.13<\/a>&#8220;<\/div>\n<\/div>\n<div class=\"s_invisible_yes\"><\/div>\n<div class=\"s_invisible_yes\"><\/div>\n<div class=\"s_invisible_yes\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By\u00a0Gabriel Ojimadu, Alpari Previous: On Tuesday the euro\/dollar closed down. The American stock indices closed up. After the FBI brought their investigations into Clinton to a close, many believed that she would become the 45th US president. The euro stabilised then at 1.1011. Market expectations: As the data came in in favour of Clinton, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-97930","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/97930","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=97930"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/97930\/revisions"}],"predecessor-version":[{"id":97931,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/97930\/revisions\/97931"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=97930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=97930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=97930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}