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.
30.04.2021
Fibonacci Retracements Analysis 30.04.2021 (AUDUSD, USDCAD)
AUDUSD is stuck close to 23.6% fibo; in the case of USDCAD, the price made a strong descending movement and broke the low at 1.2365.
29.04.2021
Fibonacci Retracements Analysis 29.04.2021 (Brent, Dow Jones)
Brent rose again but hasn’t broken the high yet, in the case of Dow Jones, the price is consolidating and may break this range both upwards and downwards.
28.04.2021
Fibonacci Retracements Analysis 28.04.2021 (GBPUSD, EURJPY)
After failing to reach the high, GBPUSD is getting ready for a new decline; in the case of EURJPY, the price continues growing towards its long-term target.
27.04.2021
Fibonacci Retracements Analysis 27.04.2021 (EURUSD, USDJPY)
The rising wave in EURUSD may finish soon; in the case of USDJPY, the price is about to reverse upwards after a convergence on MACD.
26.04.2021
Fibonacci Retracements Analysis 26.04.2021 (GOLD, USDCHF)
XAUUSD is correcting in anticipation of another growth, while USDCHF may reach its previous high soon.
23.04.2021
Fibonacci Retracements Analysis 23.04.2021 (AUDUSD, USDCAD)
After completing the correction, AUDUSD continues trading towards the high; in the case of USDCAD, the price may stop moving sideways and fall to reach the low at 1.2365.
22.04.2021
Fibonacci Retracements Analysis 22.04.2021 (Brent, Dow Jones)
After failing to update the high, Brent may fall towards 23.6% fibo at 58.00, in the case of Dow Jones, the price is trying to attack the high.
21.04.2021
Fibonacci Retracements Analysis 21.04.2021 (GBPUSD, EURJPY)
After testing 38.2% fibo, GBPUSD is forming a new rising impulse to reach the high; in the case of EURJPY, the price is about to fall after breaking its previous high.