{"id":62083,"date":"2014-10-17T07:29:15","date_gmt":"2014-10-17T11:29:15","guid":{"rendered":"http:\/\/countingpips.com\/?p=62083"},"modified":"2014-10-17T07:29:15","modified_gmt":"2014-10-17T11:29:15","slug":"fibonacci-retracements-analysis-17-10-2014-eurusd-usdchf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/10\/fibonacci-retracements-analysis-17-10-2014-eurusd-usdchf\/","title":{"rendered":"Fibonacci Retracements Analysis 17.10.2014 (EUR\/USD, USD\/CHF)"},"content":{"rendered":"
October 17, 2014<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for October 17th<\/sup>, 2014<\/p>\n

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

Eurodollar is still moving sideways. The market hasn\u2019t been able to reach a correctional retracement 78.6% and rebounded downwards very fast. The target is still the group of lower fibo-levels at 1.2435 \u2013 1.2425.<\/p>\n

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As we can see at the H1 chart, the situation hasn\u2019t changed. The lower targets are confirmed by additional retracements. I\u2019ve got one sell order so far, but I\u2019m planning to increase my position after the market breaks retracement 38.2% (1.2690) downwards and stays below it.<\/p>\n

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

After rebounding from retracement 78.6% and several less important levels, Franc has started consolidating. The target is still the group of upper fibo-levels. Possibly, after reaching this target area, the pair may start a deeper and more serious correction.<\/p>\n

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At H1 chart, we can see that the predicted target area is confirmed by several additional retracements. I\u2019ve got only one buy order right now, but I\u2019m planning to open another one after the market breaks a local high (0.9560).<\/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

 <\/p>\n

 <\/p>\n

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

Article By RoboForex.com Analysis for October 17th, 2014 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar is still moving sideways. The market hasn\u2019t been able to reach a correctional retracement 78.6% and rebounded downwards very fast. The target is still the group of lower fibo-levels at 1.2435 \u2013 1.2425. As we can see at the H1 […]<\/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-62083","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/62083","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=62083"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/62083\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=62083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=62083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=62083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}