{"id":125030,"date":"2018-04-12T08:49:37","date_gmt":"2018-04-12T12:49:37","guid":{"rendered":"http:\/\/countingpips.com\/?p=125030"},"modified":"2018-06-01T15:40:53","modified_gmt":"2018-06-01T15:40:53","slug":"fibonacci-retracements-analysis-12-04-2018-audusd-usdcad","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/04\/fibonacci-retracements-analysis-12-04-2018-audusd-usdcad\/","title":{"rendered":"Fibonacci Retracements Analysis 12.04.2018 (AUDUSD, USDCAD)"},"content":{"rendered":"
April 12, 2018<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

AUDUSD, \u201cAustralian Dollar vs US Dollar\u201d<\/strong><\/p>\n

In the H4 chart, the convergence made AUDUSD finish the downtrend, reverse, and start a new rising correction, which has already reached the retracement of 23.6%. The next upside targets may be the retracements of 38.2%, 50.0%, and 61.8% at 0.7831, 0.7889, and 0.7946 respectively. The support level is the short-term low at 0.7642.<\/p>\n

\"AUDUSD1\"
\n\"Risk<\/p>\n

As we can see in the H1 chart, the pair is trading sideways near the retracement of 23.6%. The closest upside target may be at 0.7831.<\/p>\n

\"AUDUSD2\"
\n\"Risk<\/p>\n

 <\/p>\n

USDCAD, \u201cUS Dollar vs Canadian Dollar\u201d<\/strong><\/p>\n

As we can see in the H4 chart, the downtrend has reached the retracement of 61.8%. The next downside target may be the retracement of 76.0% at 1.2459. The short-term resistance is at 1.2917.<\/p>

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<\/div>\n

\"USDCAD1\"
\n\"Risk<\/p>\n

In the H1 chart, the convergence is being formed< which may indicate a possible correctional uptrend. The first ascending impulse has already reached the retracement of 23.6%. The next targets may be the retracements of 38.2%, 50.0%, and 61.8% at 1.2649, 1.2681, and 1.2714 respectively.<\/p>\n

\"USDCAD2\"
\n\"Risk<\/p>\n

 <\/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 AUDUSD, \u201cAustralian Dollar vs US Dollar\u201d In the H4 chart, the convergence made AUDUSD finish the downtrend, reverse, and start a new rising correction, which has already reached the retracement of 23.6%. The next upside targets may be the retracements of 38.2%, 50.0%, and 61.8% at 0.7831, 0.7889, and 0.7946 respectively. The […]<\/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-125030","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125030","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=125030"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125030\/revisions"}],"predecessor-version":[{"id":125031,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125030\/revisions\/125031"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=125030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=125030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=125030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}