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.
25.06.2021
Fibonacci Retracements Analysis 25.06.2021 (AUDUSD, USDCAD)
AUDUSD is forming a mid-term pullback, while USDCAD is correcting before another jump.
24.06.2021
Fibonacci Retracements Analysis 24.06.2021 (Brent, Dow Jones)
After breaking 76.0% fibo, Brent is still rising; in the case of the Dow Jones index, the price is about to complete the correctional uptrend and start a new decline.
23.06.2021
Fibonacci Retracements Analysis 23.06.2021 (GBPUSD, EURJPY)
GBPUSD is correcting upwards but may start another decline soon; in the case of EURJPY, the price may form a new rising impulse to update its previous high.
22.06.2021
Fibonacci Retracements Analysis 22.06.2021 (EURUSD, USDJPY)
EURUSD may resume falling after a pullback, while USDJPY is forming another rising impulse towards the high.
21.06.2021
Fibonacci Retracements Analysis 21.06.2021 (GOLD, USDCHF)
XAUUSD is about to start a short-term pullback after plummeting, while USDCHF is steadily moving upwards after a convergence.
18.06.2021
Fibonacci Retracements Analysis 18.06.2021 (AUDUSD, USDCAD)
The “greenback” strengthening resulted in a decline in AUDUSD and a growth in USDCAD.
17.06.2021
Fibonacci Retracements Analysis 17.06.2021 (Brent, Dow Jones)
After a short-term pullback, Brent is rising again; in the case of the Dow Jones index, the price is forming the second correctional wave to the downside.
16.06.2021
Fibonacci Retracements Analysis 16.06.2021 (GBPUSD, EURJPY)
GBPUSD stopped correcting at 38.2% fibo, while EURJPY is attempting to reach the local high at 137.50.