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.
11.02.2022
Fibonacci Retracements Analysis 11.02.2022 (AUDUSD, USDCAD)
AUDUSD may fall to reach the low at 0.6967; in the case of USDCAD, the price is forming a new rising impulse towards the high.
10.02.2022
Fibonacci Retracements Analysis 10.02.2022 (Brent, Dow Jones)
Brent is falling after divergence on MACD, while the Dow Jones index is trading to reach the high.
09.02.2022
Fibonacci Retracements Analysis 09.02.2022 (GBPUSD, EURJPY)
The uptrend in GBPUSD is slowing down; in the case of EURJPY, the price is heading towards the high at 134.12.
08.02.2022
Fibonacci Retracements Analysis 08.02.2022 (EURUSD, USDJPY)
EURUSD slowed down at the long-term 38.2% fibo, while USDJPY is forming another wave to the upside.
07.02.2022
Fibonacci Retracements Analysis 07.02.2022 (GOLD, USDCHF)
XAUUSD is correcting to the upside after plummeting earlier, while USDCHF is growing to break the high at 0.9374.
04.02.2022
Fibonacci Retracements Analysis 04.02.2022 (AUDUSD, USDCAD)
AUDUSD has failed to reach the long-term 50.0% fibo at 0.6758; in the case of USDCAD, the price is correcting within the rising wave.
03.02.2022
Fibonacci Retracements Analysis 03.02.2022 (Brent, Dow Jones)
Brent has formed a new resistance at $91.43; the pullback in the Dow Jones index has reached 61.8% fibo.
02.02.2022
Fibonacci Retracements Analysis 02.02.2022 (GBPUSD, EURJPY)
The correctional uptrend in GBPUSD continues; in the case of EURJPY, the price is consolidating around 38.2% fibo.