{"id":71751,"date":"2015-04-29T09:00:56","date_gmt":"2015-04-29T13:00:56","guid":{"rendered":"http:\/\/countingpips.com\/?p=71751"},"modified":"2015-04-29T08:01:41","modified_gmt":"2015-04-29T12:01:41","slug":"fibonacci-retracements-analysis-29-04-2015-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/04\/fibonacci-retracements-analysis-29-04-2015-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 29.04.2015 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
April 29, 2015<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for April 29th<\/sup>, 2015<\/p>\n

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

Eurodollar continues growing. Possibly, in the nearest future the pair may break March\u2019s high. The short-term target for bulls is the group of fibo-levels close to a correctional retracement 61.8%. If later the market rebounds from this area, the downtrend may resume.<\/p>\n

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At the H1 chart, the upper targets are confirmed by local retracements. During the correction, I opened another buy order. I\u2019m planning to move the stop loss on both orders to breakeven as soon as the price breaks the previous high.<\/p>\n

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EUR GBP, \u201cEuro vs Great Britain Pound\u201d<\/h2>\n

In case of Euro pound, the correction may yet become deeper. I opened a buy order with the tight stop when the pair was rebounding from the minimum. Probably, the price may break the previous high during the week. The target is the group of fibo-levels at 0.7250.<\/p>\n

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As we can see at the H1 chart, the upper targets are confirmed by local retracements. I\u2019m planning to increase my long position if the price continues growing towards the above-mentioned area. We should also note that if the market breaks these retracements, the correction may continue.<\/p>

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RoboForex Analytical Department<\/strong><\/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

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 <\/p>\n

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

Article By RoboForex.com Analysis for April 29th, 2015 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar continues growing. Possibly, in the nearest future the pair may break March\u2019s high. The short-term target for bulls is the group of fibo-levels close to a correctional retracement 61.8%. If later the market rebounds from this area, the downtrend may […]<\/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-71751","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/71751","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=71751"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/71751\/revisions"}],"predecessor-version":[{"id":71752,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/71751\/revisions\/71752"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=71751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=71751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=71751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}