Fibonacci Retracements Analysis 16.05.2017 (EUR/USD)

16 мая 2017 - Fx4News

EUR USD "Euro vs US Dollar"

Fibonacci Retracements Analysis 16.05.2017 (EUR/USD)

The EUR/USD currency pair has broken the high and this triggered another ascending impulse. Earlier the pair rebounded from the correction mark 38.2%. The nearest target for the bulls is the price zone near 1.1130.

 

Fibonacci Retracements Analysis 16.05.2017 (EUR/USD)

The upper targets are confirmed by intraday Fibo-levels on the H1 chart.  In case the price rebounds from this zone we can see a possible descending correction.

 

EUR GBP "Euro vs Great Britain Pound"

Fibonacci Retracements Analysis 16.05.2017 (EUR/GBP)

When the pair rebounded from the lower Fibo-levels, this triggered a new rise of the pair. In the near-term we can see a further rise of the price towards a target zone near 0.8685 – 0.8715.

 

Fibonacci Retracements Analysis 16.05.2017 (EUR/GBP)

The pair has gone through the zone near 0.8490 with confidence and this triggered a bullish rally. Следующей целью выступает скопление фибо-уровней в районе 0,8605, от которого не исключено начало локальной коррекции.