Analysis for November 27th, 2013
EUR/USD
Eurodollar is still being corrected; price broke local maximum and right now is moving towards level of 61.8%. Considering that near this level there are several confirming fibo-levels, this is exactly the place where pair may reverse inside it, 1.3630 – 1.3620. So far, I’m opening short-term buy orders.
![](https://roboforex.com/files/filemanager/image/forecasts/2013/november/27/eur_usdfib1.png)
As we can see at H1 chart, price is being corrected right now, but may start growing up again during the next several hours. According to analysis of temporary fibo-zones, upper target levels may be reached during Wednesday. If market rebounds from them, bears may reverse and start new descending movement.
![](https://roboforex.com/files/filemanager/image/forecasts/2013/november/27/eur_usdfib2.png)
USD/CHF
Franc broke minimum and right now is falling down towards level of 61.8%. If pair rebounds from it, I’ll close my sell orders and open buy ones. So far, I’ve got one short-term sell order.
![](https://roboforex.com/files/filemanager/image/forecasts/2013/november/27/usd_chffib1.png)
At H1 chart, we can see that correction is taking place, during which I’ve entered the market. Close to level of 61.8%, there are several smaller fibo-levels, which make target area even more important.
RoboForex Analytical Department