{"id":153500,"date":"2019-08-14T09:15:43","date_gmt":"2019-08-14T13:15:43","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=153500"},"modified":"2019-08-14T07:04:08","modified_gmt":"2019-08-14T11:04:08","slug":"fibonacci-retracements-analysis-14-08-2019-gbpusd-eurjpy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/08\/fibonacci-retracements-analysis-14-08-2019-gbpusd-eurjpy\/","title":{"rendered":"Fibonacci Retracements Analysis 14.08.2019 (GBPUSD, EURJPY)"},"content":{"rendered":"
August 14, 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 daily chart, the descending tendency has almost reached the post-correctional extension area between 138.2% and 161.8% fibo at 1.2019 and 1.1788 respectively. At the same time, there is a convergence on MACD, which indicates further growth. The resistance is at 1.2395.<\/p>\n

\"GBPUSD_H4\"
\n\"Risk<\/p>\n

The short-term scenario is shown on the H1 chart. Here, there is a convergence, which may indicate a new correction soon. The possible correctional targets may be 23.6%, 38.2%, and 50.0% fibo at 1.2143, 1.2222, and 1.2286 respectively.<\/p>\n

\"GBPUSD_H1\"
\n\"Risk<\/p>\n

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

As we can see in the daily chart, after testing the low again, the price has rebounded from it. At the same time, there is a convergence on MACD, which may indicate a possible reverse and a pullback. After breaking the low, the descending tendency may continue towards the post-correctional extension area between 138.2% and 161.8% fibo at 114.34 and 112.09 respectively.<\/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

\"EURJPY_D1\"
\n\"Risk<\/p>\n

In the H4 chart, the pair has already been corrected to the upside by 23.6%. Judging by the convergence on MACD, the correction may yet continue to reach 38.2%, 50.0%, and 61.8% fibo at 119.74, 120.43, and 121.11 respectively. The support is the low at 117.51.<\/p>\n

\"EURJPY_H4\"<\/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 daily chart, the descending tendency has almost reached the post-correctional extension area between 138.2% and 161.8% fibo at 1.2019 and 1.1788 respectively. At the same time, there is a convergence on MACD, which indicates further growth. The resistance is […]<\/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-153500","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153500","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=153500"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153500\/revisions"}],"predecessor-version":[{"id":153503,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153500\/revisions\/153503"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=153500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=153500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=153500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}