{"id":79631,"date":"2015-10-15T10:07:52","date_gmt":"2015-10-15T14:07:52","guid":{"rendered":"http:\/\/countingpips.com\/?p=79631"},"modified":"2015-10-15T10:07:52","modified_gmt":"2015-10-15T14:07:52","slug":"fibonacci-retracements-analysis-15-10-2015-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/10\/fibonacci-retracements-analysis-15-10-2015-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 15.10.2015 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
October 15, 2015<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for October 15th<\/sup>, 2015<\/p>\n

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

Eurodollar has successfully rebounded from the retracement of 61.8%, which means that it may start a new descending movement. At the same time, I\u2019ve got no sell orders so far because there is a risk that the current ascending correction may yet continue. This is why I\u2019m planning to enter the market only after the pair stays below the retracement of 38.2%.<\/p>\n

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At the H1 chart, we can see the first downside target \u2013 the group of fibo-levels at 1.1320. Later, the pair may start another ascending correction from this area.<\/p>\n

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

Europound has rebounded from one of the groups of fibo-levels, which means that the market may resume its decline. The closest target is the local area at 0.7275. During the correction, I opened another sell order.<\/p>\n

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As we can see at the H1 chart, the upper target area, from which the pair rebounded yesterday, is confirmed by local retracements. It\u2019s highly likely that in the nearest future the price may continue falling. The local target is the group of fibo-levels at 0.7320. If the price rebounds from this area, the market may start an ascending correction.<\/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 15th, 2015 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar has successfully rebounded from the retracement of 61.8%, which means that it may start a new descending movement. At the same time, I\u2019ve got no sell orders so far because there is a risk that the current ascending correction 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-79631","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79631","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=79631"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79631\/revisions"}],"predecessor-version":[{"id":79632,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79631\/revisions\/79632"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=79631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=79631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=79631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}