{"id":158221,"date":"2019-10-23T09:15:19","date_gmt":"2019-10-23T13:15:19","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=158221"},"modified":"2019-10-23T07:40:53","modified_gmt":"2019-10-23T11:40:53","slug":"fibonacci-retracements-analysis-23-10-2019-gbpusd-eurjpy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/10\/fibonacci-retracements-analysis-23-10-2019-gbpusd-eurjpy\/","title":{"rendered":"Fibonacci Retracements Analysis 23.10.2019 (GBPUSD, EURJPY)"},"content":{"rendered":"
October 23, 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, there was a divergence on MACD, which made GBPUSD complete the rising wave at 76.0% fibo at 1.3040 and start a new pullback. The downside targets are 23.6%, 38.2%, 50.0%, and 61.8% fibo at 1.2819, 1.2700, 1.2600, and 1.2506 respectively.<\/p>\n

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

The H1 chart shows more detailed structure of the current descending correction after the divergence.<\/p>\n

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

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

As we can see in the H4 chart, there was a divergence on MACD, which made EURJPY finish the ascending wave at 76.0% fibo at 121.55 and start a new decline, which has already reached 23.6% fibo. The next downside targets are 38.2%, 50.0%, and 61.8% fibo at 119.79, 119.27, and 118.75 respectively. the resistance is the high at 121.47.<\/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_H4\"
\n\"Risk<\/p>\n

In the H1 chart, the pair is about to reach 23.6% fibo.<\/p>\n

\"EURJPY_H1\"<\/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, there was a divergence on MACD, which made GBPUSD complete the rising wave at 76.0% fibo at 1.3040 and start a new pullback. The downside targets are 23.6%, 38.2%, 50.0%, and 61.8% fibo at 1.2819, 1.2700, 1.2600, […]<\/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-158221","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/158221","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=158221"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/158221\/revisions"}],"predecessor-version":[{"id":158224,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/158221\/revisions\/158224"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=158221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=158221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=158221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}