{"id":95888,"date":"2016-09-23T07:31:08","date_gmt":"2016-09-23T11:31:08","guid":{"rendered":"http:\/\/countingpips.com\/?p=95888"},"modified":"2016-09-23T07:31:08","modified_gmt":"2016-09-23T11:31:08","slug":"fibonacci-retracements-analysis-23-09-2016-eurusd-eurgbp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/09\/fibonacci-retracements-analysis-23-09-2016-eurusd-eurgbp\/","title":{"rendered":"Fibonacci Retracements Analysis 23.09.2016 (EUR\/USD, EUR\/GBP)"},"content":{"rendered":"
September 23, 2016<\/div>
\r\n<\/div><\/div>

Article By RoboForex.com<\/u><\/a><\/strong><\/p>\n

Analysis for September 23rd<\/sup>, 2016<\/p>\n

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

After rebounding from the correctional retracement of 61.8%, the EUR\/USD pair started a new descending correction. On Friday, the price may continue falling, but later it is expected to resume moving upwards with the target at the retracement of 78.6%.<\/p>\n

\"\"<\/p>\n

At the H1 chart, the target of the local correction is the retracement of 61.8%. If later the market rebounds from this level upwards, the pair may resume growing towards the closest group of fibo-levels at 1.1285.<\/p>\n

\"\"<\/p>\n

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

The EUR\/GBP pair is moving very close to the upside targets. It\u2019s highly likely that during the day the price may break the local high. However, if later bulls face resistance from the group of fibo-levels at 0.8645, the market will start a new descending correction.<\/p>\n

\"\"<\/p>\n

At the H1 chart, yesterday the pair bounced from the correctional retracement of 38.2% and resumed moving upwards. It looks like the price may test its upside targets during the day. We should note that if bulls pass this area easily, the market may continue growing much faster.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

\"\"<\/p>\n

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 September 23rd, 2016 EUR USD, \u201cEuro vs US Dollar\u201d After rebounding from the correctional retracement of 61.8%, the EUR\/USD pair started a new descending correction. On Friday, the price may continue falling, but later it is expected to resume moving upwards with the target at the retracement of 78.6%. 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-95888","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/95888","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=95888"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/95888\/revisions"}],"predecessor-version":[{"id":95889,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/95888\/revisions\/95889"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=95888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=95888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=95888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}