{"id":105899,"date":"2017-05-11T08:59:51","date_gmt":"2017-05-11T12:59:51","guid":{"rendered":"http:\/\/countingpips.com\/?p=105899"},"modified":"2017-05-11T08:06:27","modified_gmt":"2017-05-11T12:06:27","slug":"fibonacci-retracements-analysis-11-05-2017-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/05\/fibonacci-retracements-analysis-11-05-2017-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 11.05.2017 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
May 11, 2017<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

EUR USD, \u201cEuro vs US Dollar\u201d<\/strong><\/p>\n

The EUR\/USD pair rebounded from the group of upside fibo-levels and started a new descending correction. The closest target for bears is the area at 1.0825. If later the price breaks this area, the current correction may continue up to the retracement of 50% (1.0755).<\/p>\n

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At the H1 chart, the pair is being corrected to the upside with the closest target at 1.0915 (the retracement of 38.2%). If later the pair rebounds from this area, the market may resume falling and break the previous low.<\/p>\n

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EUR GBP, \u201cEuro vs Great Britain Pound\u201d<\/strong><\/p>\n

The EUR\/GBP pair is trying to rebound from the group of downside fibo-levels, which already provided support earlier. As a result, in the nearest future the market may resume moving upwards to reach the area at 0.8685 \u2013 0.8715.<\/p>

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As we \u0441an see at the H1 chart, the pair failed to fix below the correctional retracement of 61.8% at 0.8395. Consequently, on Thursday the market may continue its ascending movement towards the closest group of retracements at 0.8490.<\/p>\n

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 <\/p>\n

RoboForex Analytical Department<\/strong><\/p>\n

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Attention!<\/strong>
\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":"

Article By RoboForex.com EUR USD, \u201cEuro vs US Dollar\u201d The EUR\/USD pair rebounded from the group of upside fibo-levels and started a new descending correction. The closest target for bears is the area at 1.0825. If later the price breaks this area, the current correction may continue up to the retracement of 50% (1.0755). At […]<\/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-105899","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/105899","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=105899"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/105899\/revisions"}],"predecessor-version":[{"id":105900,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/105899\/revisions\/105900"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=105899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=105899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=105899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}