Analysis for April 25th, 2013
EUR/USD
Euro continues moving inside a very narrow trading range; earlier the market rebounded from the level of 38.2% and then started moving downwards. The target is still at the level of 1.2920, where there are three fibo levels at the same time.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/57/eur_usdfib1_18.png)
As we can see at the H1 chart, a local correction reached the level of 61.8%. If the pair rebounds from this level, the price will start falling down again. According to the analysis of temporary fibo-zones, predicted targets may be reached by Friday.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/17/eur_usdfib2_18.png)
USD/CHF
Franc is being corrected, however, a local trend is still an ascending one. We can’t exclude a possibility that the market will reach a new maximum, maybe even several. The target is at the level of 0.9610, where there are three fibo levels located close to each other.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/10/usd_chffib1_16.png)
At the H chart, the market is moving sideways. Most likely, in the nearest future, the pair will start a new ascending movement. According to the analysis of temporary fibo-zones, the bulls may reach the target area by the end of this week.
RoboForex Analytical Department