{"id":82070,"date":"2015-12-07T09:29:27","date_gmt":"2015-12-07T14:29:27","guid":{"rendered":"http:\/\/countingpips.com\/?p=82070"},"modified":"2015-12-07T07:29:59","modified_gmt":"2015-12-07T12:29:59","slug":"fibonacci-retracements-analysis-07-12-2015-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/12\/fibonacci-retracements-analysis-07-12-2015-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 07.12.2015 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
December 7, 2015<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for December 7th<\/sup>, 2015<\/p>\n

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

In case of Eurodollar, the ascending correction continues; its closest target is at the group of fibo-levels close to the correctional retracement of 50%. If this level is broken, the market may continue its growth towards the retracement of 61.8%.<\/p>\n

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At the H1 chart, the price is moving near the local retracement of 38.2%. If the price rebounds from this retracement upwards, it may resume its ascending movement towards upside targets.<\/p>\n

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

Europound has started an ascending correction as well. The closest is the local group of fibo-levels at 0.7295. Possibly, the market may resume its growth towards upside targets during the day.<\/p>\n

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As we can see at the H1 chart, the price is trying to rebound from the retracement of 38.2%. It\u2019s highly likely that on Monday the pair may complete the local correction. In addition to that, if the market breaks the group of upper fibo-levels and stays above them, the ascending movement may continue much higher.<\/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 7th, 2015 EUR USD, \u201cEuro vs US Dollar\u201d In case of Eurodollar, the ascending correction continues; its closest target is at the group of fibo-levels close to the correctional retracement of 50%. If this level is broken, the market may continue its growth towards the retracement of 61.8%. 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-82070","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82070","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=82070"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82070\/revisions"}],"predecessor-version":[{"id":82072,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82070\/revisions\/82072"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=82070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=82070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=82070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}