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.
08.04.2021
Fibonacci Retracement Analysis 08.04.2021 (BRENT, Dow Jones)
Brent quotations are consolidating between the low of 60.46 and 50.0% (65.76), Dow Jones keeps growing to the post-correctional extension area of 138.2-161.8%.
07.04.2021
Fibonacci Retracements Analysis 07.04.2021 (GBPUSD, EURJPY)
The correctional growth of GBPUSD is coming to an end, the quotations will head for 38.2% again; A wave of growth in EURJPY is attacking the high.
06.04.2021
Fibonacci Retracements Analysis 06.04.2021 (EURUSD, USDJPY)
EURUSD is starting a pullback upon testing 38.2% Fibo, USDJPY has failed to rise to the high of 111.71.
05.04.2021
Fibonacci Retracements Analysis 01.03.2021 (GOLD, USDCHF)
Gold quotations have tested the low of 1676.78 and bounced off, USDCHF is still heading for 50.0% fibo at 0.9496.
02.04.2021
Fibonacci Retracements Analysis 02.04.2021 (AUDUSD, USDCAD)
After failing to reach 50.0% fibo on the second try, AUDUSD is starting a new pullback; in the case of USDCAD, the correctional uptrend has transformed into a new decline.
01.04.2021
Fibonacci Retracements Analysis 01.04.2021 (Brent, Dow Jones)
Brent is slowing down its decline above 23.6% fibo (58.00); in the case of Dow Jones, after updating the high by 20 pips, the price may fall soon.
31.03.2021
Fibonacci Retracements Analysis 31.03.2021 (GBPUSD, EURJPY)
After finishing a slight pullback, GBPUSD is falling towards 38.2% fibo again; in the case of EURJPY, the price is heading towards the high but “bears” aren’t giving up.
30.03.2021
Fibonacci Retracements Analysis 30.03.2021 (EURUSD, USDJPY)
EURUSD continues falling slowly, while USDJPY is resuming its growth after finishing a slow correction.