{"id":119331,"date":"2018-01-09T09:04:03","date_gmt":"2018-01-09T14:04:03","guid":{"rendered":"http:\/\/countingpips.com\/?p=119331"},"modified":"2018-06-01T15:46:46","modified_gmt":"2018-06-01T15:46:46","slug":"fibonacci-retracements-analysis-09-01-2018-eur-usd-usd-jpy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/01\/fibonacci-retracements-analysis-09-01-2018-eur-usd-usd-jpy\/","title":{"rendered":"Fibonacci Retracements Analysis 09.01.2018 (EUR\/USD, USD\/JPY)"},"content":{"rendered":"<div id=\"inves-2813677572\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 9, 2018<\/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\" rel=\"noopener\"><u>RoboForex.com<\/u><\/a><\/strong><\/p>\n<p><strong>EUR USD, \u201cEuro vs US Dollar\u201d<\/strong><\/p>\n<p>As we can see at the H4 chart, the EUR\/USD pair is being corrected to the downside after the divergence and has already reached the retracement of 38.2%. The next targets of this local downtrend may be the retracements of 50.0% and 61.8% at 1.1912 and 1.1872 respectively. The resistance level is at 1.2088.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/2018\/Fibo\/january\/09\/EURUSDH4.png\" alt=\"EURUSD1\" \/><\/p>\n<p>At the H1 chart, the situation is similar and confirms the scenario described above.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/2018\/Fibo\/january\/09\/EURUSDH1.png\" alt=\"EURUSD2\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>USD JPY, \u201cUS Dollar vs. Japanese Yen\u201d<\/strong><\/p>\n<p>As we can see at the H4 chart, the USD\/JPY pair is trading sideways inside the\u00a0<em>Triangle<\/em>\u00a0pattern. If the price breaks the pattern\u2019s upside border, it may start a new ascending impulse. After breaking the current high at 113.75, the instrument may continue growing towards the post-correctional extension area between the retracements of 138.2% and 161.8% at 114.38 and 114.79.<\/p><div id=\"inves-3078783954\" 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\/2018\/Fibo\/january\/09\/USDJPYH4.png\" alt=\"USDJPY1\" \/><\/p>\n<p>At the H1 chart, the price is about to finish the correction to the downside. The upside targets will be the retracements of 61.8% and 76.0% at 113.04 and 113.17 respectively. After reaching them, the instrument may continue growing to reach the local high at 113.38.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.roboforex.com\/uploads\/roboforecast\/roboforex.com\/99\/2018\/Fibo\/january\/09\/USDJPYH1.png\" alt=\"USDJPY2\" \/><\/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\" rel=\"noopener\"><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 As we can see at the H4 chart, the EUR\/USD pair is being corrected to the downside after the divergence and has already reached the retracement of 38.2%. The next targets of this local downtrend may be the retracements of 50.0% and 61.8% at 1.1912 and [&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-119331","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119331","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=119331"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119331\/revisions"}],"predecessor-version":[{"id":119332,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119331\/revisions\/119332"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=119331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=119331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=119331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}