{"id":101640,"date":"2017-02-02T06:34:52","date_gmt":"2017-02-02T11:34:52","guid":{"rendered":"http:\/\/countingpips.com\/?p=101640"},"modified":"2017-02-02T06:34:52","modified_gmt":"2017-02-02T11:34:52","slug":"fibonacci-retracements-analysis-02-02-2017-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/02\/fibonacci-retracements-analysis-02-02-2017-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 02.02.2017 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"<div id=\"inves-675718355\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 2, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>Article By <a href=\"http:\/\/roboforex.com\/\" target=\"_blank\"><u>RoboForex.com<\/u><\/a><\/strong><\/p>\n<p><strong>EUR USD, \u201cEuro vs US Dollar\u201d<\/strong><\/p>\n<p>In case of the EUR\/USD pair, the ascending correction continues. The closest target for bulls is the group of fibo-levels at 1.0935 \u2013 1.0920. If later the price rebounds from this area, it may start a new descending correction.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/analytics\/feb2017\/02\/Image20170202115654001.png\" alt=\"\" \/><\/p>\n<p>At the H1 chart, the pair rebounded from several local fibo-levels, resumed growing, and, as a result, broke the previous low. On Thursday, the market may continue growing to reach its upside targets.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/analytics\/feb2017\/02\/Image20170202115654002.png\" alt=\"\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>EUR GBP, \u201cEuro vs Great Britain Pound\u201d<\/strong><\/p>\n<p>In case of the EUR\/GBP pair, the correction may yet continue and break the local high. Possibly, in the nearest future the market may test the retracement of 38.2% again. If the pair rebounds from this level, the market will start a new descending movement.<\/p><div id=\"inves-65493516\" 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<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/analytics\/feb2017\/02\/Image20170202115654003.png\" alt=\"\" \/><\/p>\n<p>As we can see at the H1 chart, the pair is trying to rebound from the correctional retracement of 78.6%. If later the price fixes above the retracement of 61.8%, the market may resume growing towards the closest group of fibo-levels near the local high.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/analytics\/feb2017\/02\/Image20170202115654004.png\" alt=\"\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>RoboForex Analytical Department<\/strong><\/p>\n<p><strong>Article By <a href=\"http:\/\/roboforex.com\/\" target=\"_blank\"><u>RoboForex.com<\/u><\/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","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com EUR USD, \u201cEuro vs US Dollar\u201d In case of the EUR\/USD pair, the ascending correction continues. The closest target for bulls is the group of fibo-levels at 1.0935 \u2013 1.0920. If later the price rebounds from this area, it may start a new descending correction. At the H1 chart, the pair rebounded [&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-101640","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101640","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=101640"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101640\/revisions"}],"predecessor-version":[{"id":101641,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101640\/revisions\/101641"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=101640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=101640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=101640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}