{"id":91696,"date":"2016-06-21T08:47:44","date_gmt":"2016-06-21T12:47:44","guid":{"rendered":"http:\/\/countingpips.com\/?p=91696"},"modified":"2016-06-21T08:47:44","modified_gmt":"2016-06-21T12:47:44","slug":"fibonacci-retracements-analysis-21-06-2016-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/fibonacci-retracements-analysis-21-06-2016-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 21.06.2016 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
June 21, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for June 21st<\/sup>, 2016<\/p>\n

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

It\u2019s still highly likely that Eurodollar may test the correctional retracement of 61.8% again. If the price rebounds from this level for the second time, the market may resume falling towards the group of downside retracements.<\/p>\n

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As we can see at the H1 chart, the price was just several pips shy to reach the correctional retracement of 38.2%, and it rebounded from the group of local fibo-levels upwards. It\u2019s highly likely that on Tuesday the market may break yesterday\u2019s high.<\/p>\n

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

Europound has easily broken the retracement of 61.8% and may continue the descending correction. If later the pair rebounds from the retracement of 78.6%, the market may start a new ascending movement.<\/p>\n

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At the H1 chart, the correctional retracement of 78.6% is confirmed by intraday fibo-levels. If later the price rebounds from this target area, Europound may resume growing towards its previous high. However, if this level is broken, the market will continue falling much deeper.<\/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 21st, 2016 EUR USD, \u201cEuro vs US Dollar\u201d It\u2019s still highly likely that Eurodollar may test the correctional retracement of 61.8% again. If the price rebounds from this level for the second time, the market may resume falling towards the group of downside retracements. As we can see at […]<\/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-91696","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91696","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=91696"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91696\/revisions"}],"predecessor-version":[{"id":91697,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91696\/revisions\/91697"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=91696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=91696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=91696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}