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.
07.07.2021
Fibonacci Retracements Analysis 07.07.2021 (GBPUSD, EURJPY)
GBPUSD has a chance to rise towards the high; in the case of EURJPY, the current decline may be soon replaced by new growth.
06.07.2021
Fibonacci Retracements Analysis 06.07.2021 (EURUSD, USDJPY)
EURUSD is starting to rise after convergence on MACD and may reach the high, while USDJPY has failed to break the high after testing it.
05.07.2021
Fibonacci Retracements Analysis 05.07.2021 (GOLD, USDCHF)
XAUUSD is moving upwards after convergence on MACD, while USDCHF is starting a pullback to the downside.
02.07.2021
Fibonacci Retracements Analysis 02.07.2021 (AUDUSD, USDCAD)
AUDUSD continues the mid-term pullback, while USDCAD is forming a new rising impulse after finishing the correction.
01.07.2021
Fibonacci Retracements Analysis 01.07.2021 (Brent, Dow Jones)
Brent continues rising but slower than before; in the case of the Dow Jones index, the price is forming a new rising wave towards the high at 35102.0.
30.06.2021
Fibonacci Retracements Analysis 30.06.2021 (GBPUSD, EURJPY)
GBPUSD is falling again after completing the correction; in the case of EURJPY, the price is trading downwards after failing to reach the high.
29.06.2021
Fibonacci Retracements Analysis 29.06.2021 (EURUSD, USDJPY)
EURUSD is trying to complete the correction and resume falling, while USDJPY has updated the high and may start a new pullback.
28.06.2021
Fibonacci Retracements Analysis 28.06.2021 (GOLD, USDCHF)
XAUUSD is still correcting after plummeting, while USDCHF may resume growing after finishing the pullback.