{"id":49823,"date":"2014-04-16T06:36:08","date_gmt":"2014-04-16T10:36:08","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=49823"},"modified":"2014-04-16T06:36:08","modified_gmt":"2014-04-16T10:36:08","slug":"fibonacci-retracements-analysis-16-04-2014-eurusd-usdchf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/16\/fibonacci-retracements-analysis-16-04-2014-eurusd-usdchf\/","title":{"rendered":"Fibonacci Retracements Analysis 16.04.2014 (EUR\/USD, USD\/CHF)"},"content":{"rendered":"<p><strong>Article By <a href=\"http:\/\/RoboForex.com\" target=\"_blank\">RoboForex.com<\/a><\/strong><\/p>\n<h2>Analysis for April 16<sup>th<\/sup>, 2014<\/p>\n<p>EUR USD, \u201cEuro vs US Dollar\u201d<\/h2>\n<p>After rebounding from the group of upper fibo levels, Eurodollar started new descending movement. During current pullback, which has already reached local correctional level of 50%, I opened another buy order. In the nearest future, market is expected to reverse downwards and break minimum.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/16\/eur_usdfib1.png\" \/><\/p>\n<p>As we can see at H1 chart, pair rebounded from the group of upper fibo levels right inside temporary fibo-zone. Main target for bears is at local level of 61.8% (1.3760). If pair breaks this level, price will continue moving towards level of 78.6% (1.3720) to test it from above.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/16\/eur_usdfib2.png\" \/><\/p>\n<h2>USD CHF, \u201cUS Dollar vs Swiss Franc\u201d<\/h2>\n<p>After rebounding from the group of lower fibo levels, market started moving upwards. During correction, I opened another buy<br \/>\norder. Price may yet consolidate for a while, but later it is expected to break previous maximum.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/16\/usd_chffib1.png\" \/><\/p>\n<p>As we can see at H1 chart, possibly price may reach local correctional level of 50% (0.8780). If later price rebounds from it, market may start new ascending movement towards the group of fibo levels (0.8845 \u2013 0.8855) near level of 50%.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/April\/16\/usd_chffib2.png\" \/><\/p>\n<p><strong>RoboForex Analytical Department<\/strong><\/p>\n<p><strong>Article By <a href=\"http:\/\/RoboForex.com\" target=\"_blank\">RoboForex.com<\/a><\/strong><\/p>\n<p><strong>Attention!<\/strong><br \/>\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com Analysis for April 16th, 2014 EUR USD, \u201cEuro vs US Dollar\u201d After rebounding from the group of upper fibo levels, Eurodollar started new descending movement. During current pullback, which has already reached local correctional level of 50%, I opened another buy order. In the nearest future, market is expected to reverse downwards &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/16\/fibonacci-retracements-analysis-16-04-2014-eurusd-usdchf\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Fibonacci Retracements Analysis 16.04.2014 (EUR\/USD, USD\/CHF)&#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-49823","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/49823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=49823"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/49823\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=49823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=49823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=49823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}