Fibonacci analysis for March 1, 2016
EUR USD "Euro Dollar"![Fibonacci analysis for EUR USD "Euro Dollar" on March 1, 2016](https://www.roboforex.ru/files/forecasts/march2016/1/Image20160301120016001.png)
EUR\USD decline is slowing down and price may be corrected soon. Perhaps, during the day there will be more declining toward the target area (1,0830), pullback from which is a signal of up toward the 1,0920.
![Fibonacci analysis for EUR USD "Euro Dollar" on March 1, 2016](https://www.roboforex.ru/files/forecasts/march2016/1/Image20160301120016002.png)
On the hourly chart, local correction finished at the 23,6% point. Lower gains are supported by local fibo-levels, pullback from which is a signal of correction to up, that may happen just during the Tuesday.
EUR GBP "Euro to British Pound"![Fibonacci analysis for the EUR GBP "Euro British pound" on March 1, 2016](https://www.roboforex.ru/files/forecasts/march2016/1/Image20160301120016003.png)
Pair correction is continuing. Price tries to pullback from fibo-level 61, 8% and moving average line. Soon it is the possibility of renewed growth to the upper levels (0.7990 - 0.8000), from which possible larger correction is possible.
![Fibonacci analysis for the EUR GBP "Euro British pound" on March 1, 2016](https://www.roboforex.ru/files/forecasts/march2016/1/Image20160301120016004.png)
Correction is developing on the hourly chart. Price tries to pullback from local fibo-level 61,8%. It is very likely that during the day the price will resume its growth in the direction of the last week maximum.