{"id":61691,"date":"2014-10-10T07:57:25","date_gmt":"2014-10-10T11:57:25","guid":{"rendered":"http:\/\/countingpips.com\/?p=61691"},"modified":"2014-10-10T07:57:25","modified_gmt":"2014-10-10T11:57:25","slug":"fibonacci-retracements-analysis-10-10-2014-eurusd-usdchf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/10\/fibonacci-retracements-analysis-10-10-2014-eurusd-usdchf\/","title":{"rendered":"Fibonacci Retracements Analysis 10.10.2014 (EUR\/USD, USD\/CHF)"},"content":{"rendered":"
October 10, 2014<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for October 10th<\/sup>, 2014<\/p>\n

EUR USD, \u201cEuro vs US Dollar\u201d<\/h2>\n

It looks like Eurodollar is still being corrected. The closest target is the group of upper fibo-levels at 1.2800 \u2013 1.2805. If the price rebounds from them, the pair may start resume falling towards its lower targets at 1.2435 \u2013 1.2425.<\/p>\n

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As we can see at the H1 chart, the price is trying to rebound from a local retracement 61.8%. Most likely, in the beginning of the next week the pair may renew the previous high and reach the upper targets.<\/p>\n

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USD CHF, \u201cUS Dollar vs Swiss Franc\u201d<\/h2>\n

In case of Franc, the situation is opposite to Eurodollar. In the near term, the pair may move towards the group of lower fibo-levels at 0.9455 \u2013 0.9445. If the price rebounds from them, the pair may start grow towards its upper targets at 0.9780 \u2013 0.9770.<\/p>\n

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As we can see at H1 chart, Franc has reached a local retracement 61.8%, which was a signal to open a sell order. I\u2019ll consider opening another order after the pair breaks the previous low.<\/p>

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RoboForex Analytical Department<\/strong><\/p>\n

Article By RoboForex.com<\/span><\/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

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for October 10th, 2014 EUR USD, \u201cEuro vs US Dollar\u201d It looks like Eurodollar is still being corrected. The closest target is the group of upper fibo-levels at 1.2800 \u2013 1.2805. If the price rebounds from them, the pair may start resume falling towards its lower targets at 1.2435 \u2013 1.2425. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-61691","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/61691","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=61691"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/61691\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=61691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=61691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=61691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}