Fibonacci Retracements Analysis 05.10.2015

EUR GBP, “Euro vs Great Britain Pound”

 

Europound has rebounded from the group of upper fibo-levels once again, thus decreasing its chances to continue moving upwards. It’s highly likely that in the nearest future the pair may start a short-term correction (at least) with the target at 0.7280.

 At the H1 chart, the local correction is taking place. It looks like the pair is going to reach a new local low on Monday. The lower targets from the H4 chart are confirmed by local retrenchments.

 

Market Analysis For GBPUSD H4

GBPUSD H4 MARKET ANALYSIS

GBPUSD now reverse, This Pair is uptend. This  is a very simple method. Next Week is the very good moment for take buy order. So Flow it and analysis you your own System

 

Fibonacci Retracements Analysis 29.09.2015 EUR GBP

EUR GBP, “Euro vs Great Britain Pound”

After rebounding from the group of lower fibo-levels, Europound continues growing. It’s highly likely that during the day the pair may reach new highs and soon after that – the closest upside target at 0.7500.

As we can see at the H1 chart, after rebounding from the local retracement of 50%, the [air has resumed moving upwards. In the nearest future, the market may reach its targets and then start another descending correction.

Fibonacci Retracements Analysis 29.09.2015

EUR USD, “Euro vs US Dollar”

The pair is still being corrected. Earlier, Eurodollar rebounded from the correctional retracement of 61.8% and resumed falling. The main target is still the group of lower fibo-levels at 1.0640.

 At the H1 chart, Eurodollar may try to test the correctional retracement of 50% again. In the pair rebounds from it, the correction towards the retracement of 61.8% may continue. The short-term target for bears is the group of local retracements at 1.0940.

Wave Analysis

GBP USD, “Great Britain Pound vs US Dollar”

 Pound continues forming the wave ii of (iii) of [iii], after which the market may start a significant decline in the wave iii of (iii) of [iii].

 The main forecast remains the same – we can expect a local growth in the wave ii of (iii) of [iii], which may be followed by a further decline in the wave iii of (iii) of [iii].

 

Wave Analysis

EUR USD, “Euro vs US Dollar”

 

 Eurodollar is still forming the local correction ii of (iii) of [iii], which may be followed by a fast decline in the wave iii of (iii) of [iii] and new local lows.

Probably, the pair is about to finish the wave ii of (iii) of [iii] and may start forming the wave iii of (iii) of [iii] today. At the same time, there is an alternative scenario (colored in gray), according to which the market hasn’t completed the wave (ii) of [iii] of 1, which is taking the form the ascending double zigzag.

 

 

Wave Analysis

GBP USD, “Great Britain Pound vs US Dollar”

Most likely, Pound is about to finish the wave i of (iii) of [iii], after which the market may grow for a while in the local correction ii of (iii) of [iii].

Pound has finished the long descending impulse i of (iii) of [iii], which may be followed by the short-term ascending correction ii of (iii) of [iii], probably in the form of the ascending zigzag.