{"id":62411,"date":"2014-10-23T10:21:19","date_gmt":"2014-10-23T14:21:19","guid":{"rendered":"http:\/\/countingpips.com\/?p=62411"},"modified":"2014-10-23T10:21:19","modified_gmt":"2014-10-23T14:21:19","slug":"fibonacci-retracements-analysis-23-10-2014-eurusd-usdchf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/10\/fibonacci-retracements-analysis-23-10-2014-eurusd-usdchf\/","title":{"rendered":"Fibonacci Retracements Analysis 23.10.2014 (EUR\/USD, USD\/CHF)"},"content":{"rendered":"
October 23, 2014<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for October 23rd<\/sup>, 2014<\/p>\n

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

In the beginning of the week, Eurodollar rebounded from a correctional retracement 78.6%. Considering that the pair is already moving below retracement 50% (1.2745), after a local correction it may continue falling towards the group of lower fibo-levels at 1.2435 \u2013 1.2425.<\/p>\n

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At the H1 chart, the predicted target area is confirmed by local retracements. After reaching them, the pair may start a more serious correction. Yesterday, I managed to move the stop loss on my sell order to breakeven.<\/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 is trying to resume growing inside the main uptrend. The target for bulls is the group of upper fibo-levels.<\/p>\n

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In case of Franc, I still have one buy order, the stop loss on which I\u2019ve already managed to move to breakeven. At the H1 chart, the upper targets are confirmed by several local retracements. If the market breaks a local high (0.9560), I\u2019m planning to open an additional buy order.<\/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 23rd, 2014 EUR USD, \u201cEuro vs US Dollar\u201d In the beginning of the week, Eurodollar rebounded from a correctional retracement 78.6%. Considering that the pair is already moving below retracement 50% (1.2745), after a local correction it may continue falling towards the group of lower fibo-levels at 1.2435 \u2013 […]<\/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-62411","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/62411","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=62411"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/62411\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=62411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=62411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=62411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}