Fibonacci analysis on March 2, 2016
EUR USD "Euro-Dollar"
Sliding of Euro-Dollar is slowing down, so the price can be corrected soon. Pullback from the lowest target area (1.0830) and beginning of upward correction toward the fibo-level 1.0920 are possible during the day.
On the one hour chart, the series of pullbacks from the lowest targets were happened, those are confirmed by the local fibo-levels. Later, the new upward correction and breakage of local maximum are possible.
EUR GBP "Euro to British Pound"
Cross pair correction is continuing, price tries to form pullback from the fibo-level 61,8% and moving average line. In the short term, the resuming of growth to the top levels (0,7990 - 0,8000) is possible, from which the beginning of more correction is possible as well.
The correction is developing on the one hour chart. Price tries to form the pullback from the local fibo-level 61,8%. It is quite likely that price will resume its growth toward the last week maximum during the day.