{"id":142675,"date":"2019-02-27T09:15:09","date_gmt":"2019-02-27T14:15:09","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=142675"},"modified":"2019-02-27T07:11:41","modified_gmt":"2019-02-27T12:11:41","slug":"fibonacci-retracements-analysis-27-02-2019-gbpusd-eurjpy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/fibonacci-retracements-analysis-27-02-2019-gbpusd-eurjpy\/","title":{"rendered":"Fibonacci Retracements Analysis 27.02.2019 (GBPUSD, EURJPY)"},"content":{"rendered":"
February 27, 2019<\/div>
\r\n<\/div><\/div>

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

GBPUSD, \u201cGreat Britain Pound vs US Dollar\u201d<\/strong><\/p>\n

As we can see in the H4 chart, GBPUSD has updated the previous high and may continue growing towards the post-correctional extension area between the retracements of 138.2% and 161.8% at 1.3385 and 1.3488 respectively. In the short-term, the instrument may be corrected to reach the local support level at 1.3216.<\/p>\n

\"GBPUSD1\"
\n\"Risk<\/p>\n

In the H1 chart, there is a divergence on MACD, which may indicate a new correctional downtrend. The possible targets may be the retracements of 23.6% and 38.2% at 1.3167 and 1.3090 respectively. However, this decline won\u2019t last long and later the instrument may start a new rising wave.<\/p>\n

\"GBPUSD2\"
\n\"Risk<\/p>\n

EURJPY, \u201cEuro vs. Japanese Yen\u201d<\/strong><\/p>\n

As we can see in the H4 chart, EURJPY is still trading upwards; the price is trying to fix above the retracement of 50.0% and reach the one of 61.8% at 127.34. The current support is at 123.76.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t 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>

\r\n
\r\n
\r\n

<\/a>\r\n\t 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>

\r\n<\/div>\r\n

\r\n
<\/div>\n

\"EURJPY1\"
\n\"Risk<\/p>\n

In the H1 chart, the divergence made the instrument start falling. It has already reached the retracement of 23.6%. The next possible targets are the retracements of 38.2% and 50.0% at 125.50 and 125.27 respectively. However, if the price breaks the high at 126.30, the pair will continue growing.<\/p>\n

\"EURJPY2\"
\n\"Risk<\/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 GBPUSD, \u201cGreat Britain Pound vs US Dollar\u201d As we can see in the H4 chart, GBPUSD has updated the previous high and may continue growing towards the post-correctional extension area between the retracements of 138.2% and 161.8% at 1.3385 and 1.3488 respectively. In the short-term, the instrument may be corrected to reach […]<\/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-142675","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/142675","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=142675"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/142675\/revisions"}],"predecessor-version":[{"id":142678,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/142675\/revisions\/142678"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=142675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=142675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=142675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}