{"id":50410,"date":"2014-05-02T06:55:33","date_gmt":"2014-05-02T10:55:33","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50410"},"modified":"2014-05-02T06:55:33","modified_gmt":"2014-05-02T10:55:33","slug":"fibonacci-retracements-analysis-02-05-2014-eurusd-usdchf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/02\/fibonacci-retracements-analysis-02-05-2014-eurusd-usdchf\/","title":{"rendered":"Fibonacci Retracements Analysis 02.05.2014 (EUR\/USD, USD\/CHF)"},"content":{"rendered":"<p><strong>Article By <a href=\"http:\/\/RoboForex.com\" target=\"_blank\"><span style=\"text-decoration: underline;\">RoboForex.com<\/span><\/a><\/strong><\/p>\n<h2>Analysis for May 2<sup>nd<\/sup>, 2014<\/p>\n<p>EUR USD, \u201cEuro vs US Dollar\u201d<\/h2>\n<p>After rebounding from level of 50% (1.3788) several times, Eurodollar started growing up. Closest target for bulls is the group of fibo levels at 1.3955. In the future, price is expected to complete local correction and then break latest maximums.<\/p>\n<p><img decoding=\"async\" style=\"width: 545px; height: 473px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/02\/eur_usdfib1.png\" alt=\"\" \/><\/p>\n<p>As we can see at H1 chart, target of current correction is at level of 38.2% (1.3844). Possibly, market may rebound from this level inside temporary fibo-zone. If pair does rebound from this level, I\u2019m planning to increase my long position.<\/p>\n<p><img decoding=\"async\" style=\"width: 544px; height: 474px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/02\/eur_usdfib2.png\" alt=\"\" \/><\/p>\n<h2>USD CHF, \u201cUS Dollar vs Swiss Franc\u201d<\/h2>\n<p>Franc is trying to start new descending movement. Earlier price rebounded from correctional level of 50%. Probably, bears\u2019 next target is the group of fibo levels at 0.8695.<\/p>\n<p><img decoding=\"async\" style=\"width: 540px; height: 477px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/02\/usd_chffib1.png\" alt=\"\" \/><\/p>\n<p>As we can see at H1 chart, target of current local correction is at level of 38.2% (0.8807). According to analysis of temporary fibo-zones, this correction may complete during the day. Intermediate target for bears is the group of fibo levels at 0.8755.<\/p>\n<p><img decoding=\"async\" style=\"width: 543px; height: 477px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/02\/usd_chffib2.png\" alt=\"\" \/><\/p>\n<p><strong>RoboForex Analytical Department<\/strong><\/p>\n<p><strong>Article By <a href=\"http:\/\/RoboForex.com\" target=\"_blank\"><span style=\"text-decoration: underline;\">RoboForex.com<\/span><\/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<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com Analysis for May 2nd, 2014 EUR USD, \u201cEuro vs US Dollar\u201d After rebounding from level of 50% (1.3788) several times, Eurodollar started growing up. Closest target for bulls is the group of fibo levels at 1.3955. In the future, price is expected to complete local correction and then break latest maximums. As &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/02\/fibonacci-retracements-analysis-02-05-2014-eurusd-usdchf\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Fibonacci Retracements Analysis 02.05.2014 (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-50410","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50410","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=50410"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50410\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}