{"id":91103,"date":"2016-06-09T09:00:00","date_gmt":"2016-06-09T13:00:00","guid":{"rendered":"http:\/\/countingpips.com\/?p=91103"},"modified":"2016-06-09T08:00:35","modified_gmt":"2016-06-09T12:00:35","slug":"fibonacci-retracements-analysis-09-06-2016-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/fibonacci-retracements-analysis-09-06-2016-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 09.06.2016 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
June 9, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for June 9th<\/sup>, 2016<\/p>\n

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

Yesterday, Eurodollar reached the correctional retracement of 61.8%, but bulls couldn\u2019t break it. As a result, the price may resume falling to reach the target, which is the group of downside fibo-levels at 1.0970.<\/p>\n

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At the H1 chart, Eurodollar has rebounded from the upside target area, which was confirmed by local fibo-levels. Later, the pair may continue falling towards the closest group of fibo-levels near the retracement of 61.8% at 1.1230.<\/p>\n

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

It\u2019s highly likely that the current correction may yet continue. Possibly, quite soon, bears may reach the retracement of 50%. The future scenario depends on how the price will move there. If the price breaks it, the market will continue falling.<\/p>\n

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As we can see at the H1 chart, the price has rebounded twice from the correctional retracement of 78.6%, which means that the correction may continue. The closest target is the retracement of 50% at 0.740, which is confirmed by intraday fibo-levels.<\/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 June 9th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Yesterday, Eurodollar reached the correctional retracement of 61.8%, but bulls couldn\u2019t break it. As a result, the price may resume falling to reach the target, which is the group of downside fibo-levels at 1.0970. At the H1 chart, Eurodollar has rebounded […]<\/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-91103","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91103","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=91103"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91103\/revisions"}],"predecessor-version":[{"id":91105,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91103\/revisions\/91105"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=91103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=91103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=91103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}