{"id":79477,"date":"2015-10-12T10:45:06","date_gmt":"2015-10-12T14:45:06","guid":{"rendered":"http:\/\/countingpips.com\/?p=79477"},"modified":"2015-10-12T10:03:02","modified_gmt":"2015-10-12T14:03:02","slug":"fibonacci-retracements-analysis-12-10-2015-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/10\/fibonacci-retracements-analysis-12-10-2015-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 12.10.2015 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
October 12, 2015<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for October 12th<\/sup>, 2015<\/p>\n

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

Eurodollar is still forming the ascending correction. It\u2019s highly likely that the pair may test the group of lower fibo-levels near the retracement of 61.8%, from which it rebounded earlier. If the market isn\u2019t able to break this level this time again, the price may resume its descending movement.<\/p>\n

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As we can see at the H1 chart, the upper target area is confirmed by local retracements. It\u2019s highly likely that the price may reach a new high quite soon. I\u2019m still holding a pending sell order.<\/p>\n

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

The pair is testing the group of upper fibo-levels once again. If Europound finally breaks them, it may continue moving upwards. In this case, the target will be at 0.7490.<\/p>\n

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At the H1 chart, the pair may complete the current local correction at the retracement of 38.2%. If the price rebounds from this level, the market may continue growing. However, the door swings both ways: if the price breaks it, the market will continue moving downwards.<\/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","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for October 12th, 2015 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar is still forming the ascending correction. It\u2019s highly likely that the pair may test the group of lower fibo-levels near the retracement of 61.8%, from which it rebounded earlier. If the market isn\u2019t able to break this level this time […]<\/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-79477","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79477","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=79477"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79477\/revisions"}],"predecessor-version":[{"id":79478,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79477\/revisions\/79478"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=79477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=79477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=79477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}