{"id":50648,"date":"2014-05-08T06:53:31","date_gmt":"2014-05-08T10:53:31","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50648"},"modified":"2014-05-08T06:53:31","modified_gmt":"2014-05-08T10:53:31","slug":"fibonacci-retracements-analysis-08-05-2014-eurusd-usdchf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/08\/fibonacci-retracements-analysis-08-05-2014-eurusd-usdchf\/","title":{"rendered":"Fibonacci Retracements Analysis 08.05.2014 (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 8<sup>th<\/sup>, 2014<\/p>\n<p>EUR USD, \u201cEuro vs US Dollar\u201d<\/h2>\n<p>After short correction, Euro started growing up. Possibly, price will reach new maximum during the day. Main target is the group of upper fibo levels at 1.4005 \u2013 1.4000.<\/p>\n<p><img decoding=\"async\" style=\"width: 545px; height: 473px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/08\/eur_usdfib1.png\" alt=\"\" \/><\/p>\n<p>As we can see at H1 chart, local correction was supported by local level of 61.8% (1.3903). According to analysis of temporary fibo-zones, upper targets may be reached by the ned of Friday. If later pair rebounds from them, market may start new correction.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/08\/eur_usdfib2.png\" alt=\"\" \/><\/p>\n<h2>USD CHF, \u201cUS Dollar vs Swiss Franc\u201d<\/h2>\n<p>Probably, Franc is starting its movement inside main trend. I\u2019m still keeping my three sell orders. In the near term, instrument is expected to reach the group of lower fibo levels at 0.8695.<\/p>\n<p><img decoding=\"async\" style=\"width: 539px; height: 477px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/08\/usd_chffib1.png\" alt=\"\" \/><\/p>\n<p>As we can see at H1 chart, Franc rebounded from its intermediate target at 0.8720 \u2013 0.8715 and started new correction, which was supported by local level of 78.6% (0.8765). It looks like bears started new descending movement to reach their main target at 0.8695.<\/p>\n<p><img decoding=\"async\" style=\"width: 543px; height: 476px;\" src=\"http:\/\/www.roboforex.com\/files\/filemanager\/image\/forecasts\/2014\/May\/08\/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 8th, 2014 EUR USD, \u201cEuro vs US Dollar\u201d After short correction, Euro started growing up. Possibly, price will reach new maximum during the day. Main target is the group of upper fibo levels at 1.4005 \u2013 1.4000. As we can see at H1 chart, local correction was supported by &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/08\/fibonacci-retracements-analysis-08-05-2014-eurusd-usdchf\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Fibonacci Retracements Analysis 08.05.2014 (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-50648","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50648","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=50648"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50648\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}