{"id":90245,"date":"2016-05-24T07:24:56","date_gmt":"2016-05-24T11:24:56","guid":{"rendered":"http:\/\/countingpips.com\/?p=90245"},"modified":"2016-05-24T07:24:56","modified_gmt":"2016-05-24T11:24:56","slug":"fibonacci-retracements-analysis-24-05-2016-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/05\/fibonacci-retracements-analysis-24-05-2016-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 24.05.2016 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
May 24, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for May 24th<\/sup>, 2016<\/p>\n

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

Eurodollar is still consolidating. The closest target is still at the group of fibo-levels at 1.1130. Consequently, in the nearest future the market may the price resume falling and break its previous low.<\/p>\n

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At the H1 chart, during the local correction the price rebounded from the retracement of 38.2%. The downside targets are confirmed by intraday fibo-levels, which make this area even more important.<\/p>\n

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

Europound has broken the retracement of 38.2% and been able to stay above it, which means that the pair may resume moving upwards. It\u2019s highly likely that in the nearest future the market may move towards the closet group of retracements at 0.7800.<\/p>\n

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At the H1 chart, the local correction has been supported by the retracement of 38.2%, which means that the market may resume growing soon. It\u2019s highly likely that on Tuesday the price may break the local high and continue moving to reach its targets.<\/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 May 24th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Eurodollar is still consolidating. The closest target is still at the group of fibo-levels at 1.1130. Consequently, in the nearest future the market may the price resume falling and break its previous low. At the H1 chart, during the local correction […]<\/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-90245","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90245","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=90245"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90245\/revisions"}],"predecessor-version":[{"id":90246,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90245\/revisions\/90246"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=90245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=90245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=90245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}