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.
15.06.2021
Fibonacci Retracements Analysis 15.06.2021 (EURUSD, USDJPY)
The descending correction in EURUSD continues, while USDJPY is heading towards the high again.
14.06.2021
Fibonacci Retracements Analysis 14.06.2021 (GOLD, USDCHF)
XAUUSD is about to start a new correctional wave to the downside, while USDCHF is trying to move upwards after updating its previous low.
11.06.2021
Fibonacci Retracements Analysis 11.06.2021 (AUDUSD, USDCAD)
AUDUSD has completed the correction and may resume trading upwards; in the case of USDCAD, the price is still consolidating.
10.06.2021
Fibonacci Retracements Analysis 10.06.2021 (Brent, Dow Jones)
After updating the high, Brent is falling; in the case of the Dow Jones index, the price may start the second correctional wave to the downside.
09.06.2021
Fibonacci Retracements Analysis 09.06.2021 (GBPUSD, EURJPY)
GBPUSD is correcting downwards after updating the local high, while EURJPY is falling before another attempt to reach the high at 137.50.
08.06.2021
Fibonacci Retracements Analysis 08.06.2021 (EURUSD, USDJPY)
After testing the support, EURUSD is trying to reach the high again; in the case of USDJPY, the price is falling after a divergence on MACD
07.06.2021
Fibonacci Retracements Analysis 07.06.2021 (GOLD, USDCHF)
XAUUSD is correcting after a divergence on MACD, while USDCHF is slowly forming a correction to the upside.
04.06.2021
Fibonacci Retracements Analysis 04.06.2021 (AUDUSD, USDCAD)
AUDUSD is forming a new rising wave after a divergence on MACD, while USDCAD may resume growing after updating the low.