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.
19.07.2021
Fibonacci Retracements Analysis 19.07.2021 (GOLD, USDCHF)
XAUUSD is moving downwards after divergence, while USDCHF is about to grow after updating its local low.
16.07.2021
Fibonacci Retracements Analysis 16.07.2021 (AUDUSD, USDCAD)
AUDUSD is about to correct after convergence on MACD; in the case of USDCAD, the price has almost reached the fractal at 1.2654 but divergence may force the asset to fall.
15.07.2021
Fibonacci Retracements Analysis 15.07.2021 (Brent, Dow Jones)
Brent is falling again, while the Dow Jones index is trying to attack the high.
14.07.2021
Fibonacci Retracements Analysis 14.07.2021 (GBPUSD, EURJPY)
GBPUSD may start heading towards the high at any moment; in the case of EURJPY, the current decline is not over yet.
13.07.2021
Fibonacci Retracements Analysis 13.07.2021 (EURUSD, USDJPY)
EURUSD has updated the high and is starting to rise after convergence on MACD; in the case of USDJPY, the price is correcting after testing 23.6% fibo.
12.07.2021
Fibonacci Retracements Analysis 12.07.2021 (GOLD, USDCHF)
XAUUSD is finishing the pullback and may resume moving downwards soon; in the case of USDCHF, the price has corrected towards 38.2% fibo.
09.07.2021
Fibonacci Retracements Analysis 09.07.2021 (AUDUSD, USDCAD)
AUDUSD is about to correct within the mid-term downtrend, while USDCAD is forming a new rising impulse towards the fractal at 1.2654.
08.07.2021
Fibonacci Retracements Analysis 08.07.2021 (Brent, Dow Jones)
Brent seems to be reversing; after failing to reach the high, the Dow Jones index is about to start a new descending wave.