{"id":94091,"date":"2016-08-09T06:50:34","date_gmt":"2016-08-09T10:50:34","guid":{"rendered":"http:\/\/countingpips.com\/?p=94091"},"modified":"2016-08-09T06:50:34","modified_gmt":"2016-08-09T10:50:34","slug":"fibonacci-retracements-analysis-09-08-2016-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/08\/fibonacci-retracements-analysis-09-08-2016-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 09.08.2016 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
August 9, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

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

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

Earlier, the pair rebounded from the correctional retracement of 61.8% and started falling. It\u2019s highly likely that in the nearest future the price will continue moving towards the group of downside retracements at 1.0810.<\/p>\n

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As we can see at the H1 chart, the pair has rebounded from the local retracement of 50% twice, which means that it may start a new decline. The closest target for bears is the group of local fibo-levels at 1.0890.<\/p>\n

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

Europound has reached its target at the correctional retracement of 78.6%. If later the price rebounds from this level downwards, the market may start a new descending correction. Otherwise, if the pair breaks this level and stays above it, the market will continue moving upwards.<\/p>\n

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As we can see at the H1 chart, the pair has reached its target area, which was confirmed by local retracements as well. if the price fails to break the retracement of 78.6% and other fibo-levels surrounding it, the market may start a new descending correction.<\/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 August 9th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d Earlier, the pair rebounded from the correctional retracement of 61.8% and started falling. It\u2019s highly likely that in the nearest future the price will continue moving towards the group of downside retracements at 1.0810. As we can see at the H1 […]<\/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-94091","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94091","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=94091"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94091\/revisions"}],"predecessor-version":[{"id":94092,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94091\/revisions\/94092"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=94091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=94091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=94091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}