Analysis for December 27th, 2013
EUR/USD
Eurodollar started fast ascending movement; most likely, price will break maximum during the next several hours. During correction, I opened buy order; closest target is near several fibo-levels at 1.3890.
![](https://roboforex.com/files/filemanager/image/forecasts/2013/december/27/eur_usdfib1.png)
As we can see at H1 chart, target area is confirmed by several additional fibo-levels. Possibly, pair may start local correction in the nearest future. According to analysis of temporary fibo-zones, upper levels may be reached until the end of the year.
![](https://roboforex.com/files/filemanager/image/forecasts/2013/december/27/eur_usdfib2.png)
USD/CHF
Franc started new descending movement. Possibly, price may reach new minimum during Friday. If price breaks the first group of fibo-levels, market will continue falling down.
![](https://roboforex.com/files/filemanager/image/forecasts/2013/december/27/usd_chffib1.png)
At H1 chart, market is moving downwards and may start correction quite soon. Possibly, market may reach its predicted targets in the beginning of the next week.
RoboForex Analytical Department