{"id":81780,"date":"2015-12-01T09:25:45","date_gmt":"2015-12-01T14:25:45","guid":{"rendered":"http:\/\/countingpips.com\/?p=81780"},"modified":"2015-12-01T07:41:26","modified_gmt":"2015-12-01T12:41:26","slug":"fibonacci-retracements-analysis-01-12-2015-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/12\/fibonacci-retracements-analysis-01-12-2015-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 01.12.2015 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
December 1, 2015<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for December 1st<\/sup>, 2015<\/p>\n

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

Eurodollar is being corrected. Possibly, in the nearest future the price may test the retracement of 38.2%. If the market rebounds from it, Eurodollar may resume its decline towards the group of lower fibo-levels at 1.0450.<\/p>\n

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As we can see at the H1 chart, the target of the current correction is the retracement of 61.8%, which is confirmed by local levels. If the price rebounds from this area, the market may resume its descending movement.<\/p>\n

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

Considering that Europound has rebounded from the retracement of 38.2% twice, the downtrend is expected to resume. The closest target is still the group of lower fibo-levels at 0.6875.<\/p>\n

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As we can see at the H1 chart, Europound has rebounded from the retracement of 61.8% several times during the local correction. Later the market may continue falling towards the group of fibo-levels at 0.6945. It\u2019s highly likely that on Tuesday the pair may reach a new low.<\/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 December 1st, 2015 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar is being corrected. Possibly, in the nearest future the price may test the retracement of 38.2%. If the market rebounds from it, Eurodollar may resume its decline towards the group of lower fibo-levels at 1.0450. As we can see at […]<\/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-81780","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/81780","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=81780"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/81780\/revisions"}],"predecessor-version":[{"id":81782,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/81780\/revisions\/81782"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=81780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=81780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=81780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}