Analysis for September 25th, 2015
EUR USD, “Euro vs US Dollar”
After rebounding from the correctional retracement of 61.8%, Eurodollar has resumed its descending movement. The closest target is still the group of lower fibo-levels at 1.0640. It looks like quite soon the market is going to break the minimum formed in the beginning of the week.
![](https://www.roboforex.ru/files/forecasts/wave/september2015/25/Image20150925085251001.png)
As we can see at the H1 chart, Eurodollar has rebounded from the correctional retracement of 50%. The closest target for bears is the group of local retracements at 1.0940. After reaching them, the pair may start an ascending correction.
![](https://www.roboforex.ru/files/forecasts/wave/september2015/25/Image20150925085251002.png)
EUR GBP, “Euro vs Great Britain Pound”
After rebounding from the group of lower fibo-levels, Europound has started growing. It looks like after completing the local correction the pair is going to continue growing towards the closest upside target at 0.7500.
![](https://www.roboforex.ru/files/forecasts/wave/september2015/25/Image20150925085251003.png)
As we can see at the H1 chart, the price is trying to rebound from the local retracement of 38.2%. The upper target area is confirmed by local retracements. In the nearest future, the market may break yesterday’s high.
RoboForex Analytical Department