Fibonacci analysis on 26 February 2016
EUR USD "Euro dollar"![Fibonacci analysis for on EUR USD "Euro dollar" 26 February 2016](https://www.roboforex.ru/files/forecasts/feb2016/26/Image20160226135116001.png)
A retreat from the congestion of the upper fibo-levels has served as the beginning of a decline. In the short term, the pair may further advance down and sample the local minimum. The immediate target appears to be the pricing area in the vicinity of 1.0930, a retreat from which will signal to an upward correction.
![Fibonacci analysis for on EUR USD "Euro dollar" 26 February 2016](https://www.roboforex.ru/files/forecasts/feb2016/26/Image20160226135116002.png)
On the hourly chart, the correction finished with a rebound from the Fibo level of 61.8%. During Friday a further advance of the price down is likely. Lower targets are confirmed by intraday Fibo levels, which increases their value.
EUR GBP "Euro pound"![Fibonacci analysis for on EUR GBP "Euro pound" 26 February 2016](https://www.roboforex.ru/files/forecasts/feb2016/26/Image20160226135116003.png)
On the hourly chart, the correction finished with a rebound from the Fibo level of 61.8%. During Friday a further advance of the price down is likely. Lower targets are confirmed by intraday Fibo levels, which increases their value.
![Fibonacci analysis for on EUR GBP "Euro pound" 26 February 2016](https://www.roboforex.ru/files/forecasts/feb2016/26/Image20160226135116004.png)
On the hourly chart a correction is developing. The price is trying to form a retreat from the local Fibo level of 50%. It is very likely that during the day the price will resume its growth in the direction of yesterday's high.