Analysis for January 22nd, 2015
EUR USD, “Euro vs US Dollar”
Euro is still moving inside
flat. The closest target is the updated group of lower fibo-levels at 1.1375. If the price rebounds from local retracement 50%, the pair will continue moving towards the above-mentioned target.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/33/eurusdfib1_66.png)
At the H1 chart, the lower predicted targets are confirmed by local retracements. Yesterday, the price rebounded from retracement 50%. In the nearest future, the pair may continue falling towards its lower targets, which may later become a starting point of a new and more serious correction.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/24/eurusdfib2_66.png)
AUD USD, “Australian Dollar vs US Dollar”
When the price was finishing its local correction last week, I opened a sell order. The target is the group of lower fibo-levels at 0.7950. During a local correction, I’ve opened an additional sell order. The stop loss on my previous order has already been moved in the black.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/83/audusdfib1_4.png)
At the H1 chart, the predicted targets are confirmed by local retracements. In the nearest future, the pair may reach a correctional retracement 38.2%. As soon as the market starts falling, I’m planning to move the stop loss on my order to the level where it was opened.
RoboForex Analytical Department