Fibonacci Retracements Analysis
Fibonacci retracements are actively used by investors, when they study how impulses are formed and try to find levels of possible trend corrections. As a result, they may have some additional information on possible direction of the currency market movement in the future.
06.10.2021
Fibonacci Retracements Analysis 06.10.2021 (GBPUSD, EURJPY)
After finishing the pullback, GBPUSD is about to start a new impulse to the downside; in the case of EURJPY, the price is still correcting.
05.10.2021
Fibonacci Retracements Analysis 05.10.2021 (EURUSD, USDJPY)
EURUSD is heading towards the long-term 50.0% fibo, while USDJPY is finishing the pullback and may attack the high soon.
04.10.2021
Fibonacci Retracements Analysis 04.10.2021 (GOLD, USDCHF)
XAUUSD is trying to rise but bears aren’t giving up; in the case of USDCHF, the price is correcting after updating the high.
01.10.2021
Fibonacci Retracements Analysis 01.10.2021 (AUDUSD, USDCAD)
AUDUSD continues falling to reach the low, while USDCAD is trying to break its consolidation range to the upside.
30.09.2021
Fibonacci Retracements Analysis 30.09.2021 (Brent, Dow Jones)
Brent is cheapening but it’s just a pullback; in the case of the Dow Jones index, the price may update its previous low in the nearest future.
29.09.2021
Fibonacci Retracements Analysis 29.09.2021 (GBPUSD, EURJPY)
GBPUSD has stopped consolidating above 23.6% fibo; in the case of EURJPY, a test of the support at 127.93 has led to a rebound.
28.09.2021
Fibonacci Retracements Analysis 28.09.2021 (EURUSD, USDJPY)
EURUSD is trading above the low at 1.1664 and may attack it soon; in the case of USDJPY, the price has broken the consolidation range to the upside.
27.09.2021
Fibonacci Retracements Analysis 27.09.2021 (GOLD, USDCHF)
Bears keep dominating in XAUUSD; in the case of USDCHF, the price is correcting after breaking the high.