Analysis of Fibonacci on 13.07.2016
EUR USD "Euro US Dollar"
Consolidation on Euro-US Dollar is continued. Earlier pullback from fibo-level 50% was formed that pointed on possibility of resuming of declining. Lower crowd of fibo-levels in area of 1.0810 is still actual.
On 1 hour chart, recently pullback from correction mark 61.8% was formed. So, in the short terms, beginning of new descended coil towards lower goals is possible.EUR GBP "Euro to British Pound"
After consolidation on reached crowd of fido-levels cross pair went to correction. It is quite apparently that soon bears will test level 38.2% If pullback is formed from that level, resuming of growth will be possible.
On 1 hour chart, mark 38.2% is confirmed by local fibo-levels. Apparently, we will see formation of new minimum. Along with that, if price breaks level 38.2%, descending can be faster.