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.
01.02.2022
Fibonacci Retracements Analysis 01.02.2022 (EURUSD, USDJPY)
EURUSD is correcting to the upside, while USDJPY is moving upwards after convergence on MACD.
31.01.2022
Fibonacci Retracements Analysis 31.01.2022 (GOLD, USDCHF)
XAUUSD started plummeting, while USDCHF is growing to break the high at 0.9374.
28.01.2022
Fibonacci Retracements Analysis 28.01.2022 (AUDUSD, USDCAD)
AUDUSD is forming another descending wave towards the long-term 50.0% fibo at 0.6758; in the case of USDCAD, the current pullback is transforming into a new rising wave.
27.01.2022
Fibonacci Retracements Analysis 27.01.2022 (Brent, Dow Jones)
Brent has tested the psychologically important level of $90 per barrel; in the case of the Dow Jones index, the price is falling to reach the long-term 23.6% fibo at 32526.0.
26.01.2022
Fibonacci Retracements Analysis 26.01.2022 (GBPUSD, EURJPY)
The decline in GBPUSD has been replaced by a new pullback, which may later transform into a proper rising wave; in the case of EURJPY, the price is slowly heading towards the low at 127.38.
25.01.2022
Fibonacci Retracements Analysis 25.01.2022 (EURUSD, USDJPY)
EURUSD is slowing down its decline, while USDJPY has started a new correction.
24.01.2022
Fibonacci Retracements Analysis 24.01.2022 (GOLD, USDCHF)
XAUUSD is still growing to reach the mid-term 61.8% fibo at 1908.00, while USDCHF may re-test the low at 0.9085.
21.01.2022
Fibonacci Retracements Analysis 21.01.2022 (AUDUSD, USDCAD)
AUDUSD is about to complete the correction and may soon test the low; in the case of USDCAD, the price is expected to continue falling after a slight pullback.