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.
24.09.2021
Fibonacci Retracements Analysis 24.09.2021 (AUDUSD, USDCAD)
The descending wave in AUDUSD has a shot to reach the low; in the case of USDCAD, the price is forming a new descending wave within the mid-term correction.
23.09.2021
Fibonacci Retracements Analysis 23.09.2021 (Brent, Dow Jones)
Brent is approaching the high at 77.48 but there might be a pullback soon; in the case of the Dow Jones index, the price is correcting before forming a new impulse to the downside.
22.09.2021
Fibonacci Retracements Analysis 22.09.2021 (GBPUSD, EURJPY)
After an unsuccessful attempt to grow, GBPUSD is heading towards the low; in the case of EURJPY, the price has tested the support at 127.93.
21.09.2021
Fibonacci Retracements Analysis 21.09.2021 (EURUSD, USDJPY)
The current decline in EURUSD has reached the low at 1.1664; in the case of USDJPY, the price is still consolidating around 23.6% fibo.
20.09.2021
Fibonacci Retracements Analysis 20.09.2021 (GOLD, USDCHF)
After finishing the pullback, XAUUSD is about to start a new decline; in the case of USDCHF, the price has broken the high at 0.9275.
17.09.2021
Fibonacci Retracements Analysis 17.09.2021 (AUDUSD, USDCAD)
AUDUSD is about to complete the descending wave and may soon grow to reach the high; in the case of USDCAD, the price is still consolidating within a Triangle pattern.
16.09.2021
Fibonacci Retracements Analysis 16.09.2021 (Brent, Dow Jones)
Brent is heading towards the high at 77.48, while the Dow Jones index has re-tested 38.2% fibo.
15.09.2021
Fibonacci Retracements Analysis 15.09.2021 (GBPUSD, EURJPY)
GBPUSD is trying to grow and reach 61.8% fibo, while EURJPY is forming another descending wave.