{"id":86737,"date":"2016-03-16T09:17:24","date_gmt":"2016-03-16T13:17:24","guid":{"rendered":"http:\/\/countingpips.com\/?p=86737"},"modified":"2016-03-16T07:18:03","modified_gmt":"2016-03-16T11:18:03","slug":"fibonacci-retracements-analysis-16-03-2016-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/03\/fibonacci-retracements-analysis-16-03-2016-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 16.03.2016 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
March 16, 2016<\/div>
\r\n<\/div><\/div>

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for March 16th<\/sup>, 2016<\/p>\n

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

After rebounding from the group of local retracements at 1.1180, Eurodollar has started another decline, which may continue during the day. The closest target for bears will be the area between 1.0960 and 1.0930, which may be reached until the end of the week.<\/p>\n

\"\"<\/p>\n

The upside target area, from which the price rebounded earlier, is confirmed by local retracements. One of these days, the pair may start moving downwards to reach the group of lower fibo-levels near the retracement of 61.8%.<\/p>\n

\"\"<\/p>\n

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

Europound updated its local high, but was a bit shy to reach the group of upper fibo-levels. It\u2019s highly likely that in the nearest future the market may start another descending correction or even resume falling inside the downtrend.<\/p>\n

\"\"<\/p>\n

At the H1 chart, the market is trying to rebounds from the group of local retracements. The closest target for bears is the area between 0.7805 and 0.7810. If the price breaks it, the pair will continue falling much deeper.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

\"\"<\/p>\n

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

 <\/p>\n

 <\/p>\n

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

Article By RoboForex.com Analysis for March 16th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d After rebounding from the group of local retracements at 1.1180, Eurodollar has started another decline, which may continue during the day. The closest target for bears will be the area between 1.0960 and 1.0930, which may be reached until the end […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-86737","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/86737","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=86737"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/86737\/revisions"}],"predecessor-version":[{"id":86739,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/86737\/revisions\/86739"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=86737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=86737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=86737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}