{"id":94397,"date":"2016-08-16T07:23:18","date_gmt":"2016-08-16T11:23:18","guid":{"rendered":"http:\/\/countingpips.com\/?p=94397"},"modified":"2016-08-16T07:23:18","modified_gmt":"2016-08-16T11:23:18","slug":"fibonacci-retracements-analysis-16-08-2016-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/08\/fibonacci-retracements-analysis-16-08-2016-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 16.08.2016 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
August 16, 2016<\/div>
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Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

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

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

The EUR\/USD pair continues growing. It looks like, after completing the local correction, bulls may try to test the correctional retracement of 78.6%, which is confirmed by several intraday fibo-levels.<\/p>\n

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At the H1 chart, the pair is moving near its local highs. Possibly, the correction may take place during the day, but later the price is expected to resume growing towards the group of upside fibo-levels.<\/p>\n

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

The EUR\/GBP pair is still moving upwards. The closest target is the group of retracements at 0.8860 \u2013 0.8880. After completing the short-term correction, the market is expected to continue growing.<\/p>\n

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At the H1 chart, the target of the current correction is the retracements of 38.2%. Earlier, the price successfully reached its local target. If later the pair rebounds from this level upwards, the market may start a new ascending movement.<\/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 16th, 2016 EUR USD, \u201cEuro vs US Dollar\u201d The EUR\/USD pair continues growing. It looks like, after completing the local correction, bulls may try to test the correctional retracement of 78.6%, which is confirmed by several intraday fibo-levels. At the H1 chart, the pair is moving near its local […]<\/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-94397","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94397","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=94397"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94397\/revisions"}],"predecessor-version":[{"id":94398,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/94397\/revisions\/94398"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=94397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=94397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=94397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}