{"id":11887,"date":"2010-08-10T09:35:22","date_gmt":"2010-08-10T13:35:22","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=11887"},"modified":"2010-08-10T09:35:22","modified_gmt":"2010-08-10T13:35:22","slug":"eurusd-targets-200-day-moving-average","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/08\/10\/eurusd-targets-200-day-moving-average\/","title":{"rendered":"EUR\/USD Targets 200-Day Moving Average"},"content":{"rendered":"<p><strong>By Russell Glaser<\/strong> &#8211; The EUR\/USD has been testing the 200-day moving average line.  Following yesterday\u2019s decline in the price combined with using multiple  time periods, an opportunity exists to enter the market with this target  in mind.<\/p>\n<p>The daily chart below shows the failure  of the EUR\/USD to close above the 200-day simple moving average. This  level can be used as a target for long positions in the pair (R1  1.3265). Support for the pair comes in at the 38.2% Fibonacci  retracement level from the December high at 1.3120.<\/p>\n<p>A buy signal is given on the 4-hour chart as the Slow Stochastic  oscillator has formed a bullish cross, indicating a potential move  higher in the price of the pair.<\/p>\n<p>Using multiple time periods, traders can find an opportunity to go  long on the EUR\/USD with a relatively nice profit to risk ratio of 2:1.<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/08\/EURUSD-Daily1.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/08\/EURUSD-Daily1.JPG\" alt=\"\" width=\"590\" height=\"579\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/08\/EURUSD-4-hour.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/08\/EURUSD-4-hour.JPG\" alt=\"\" width=\"590\" height=\"571\" \/><\/a><\/p>\n<p><em><strong>Forex <\/strong><strong>Market Analysis provided by <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard.<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                           may not be suitable for all         investors.       There    is  a              possibility      that             you   could       sustain a  loss   of  all   of    your                 investment and            therefore  you        should   not       invest        money  that   you            cannot afford to            lose. You         should    be      aware of     all       the     risks         associated     with     Foreign       Exchange         trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Russell Glaser &#8211; The EUR\/USD has been testing the 200-day moving average line. Following yesterday\u2019s decline in the price combined with using multiple time periods, an opportunity exists to enter the market with this target in mind. The daily chart below shows the failure of the EUR\/USD to close above the 200-day simple moving &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/08\/10\/eurusd-targets-200-day-moving-average\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EUR\/USD Targets 200-Day Moving Average&#8221;<\/span><\/a><\/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-11887","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=11887"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11887\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=11887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=11887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=11887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}