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.
18.02.2021
Fibonacci Retracements Analysis 18.02.2021 (AUDUSD, USDCAD)
AUDUSD is aiming at 0.8 but may reach it only after completing the correction; in the case of USDCAD, the price has tested the low but may try to resume growing again.
17.02.2021
Fibonacci Retracements Analysis 17.02.2021 (GBPUSD, EURJPY)
GBPUSD is approaching 1.40, while EURJPY has managed to fix above its previous highs.
16.02.2021
Fibonacci Retracements Analysis 16.02.2021 (EURUSD, USDJPY)
EURUSD is consolidating before starting a new rising impulse, while USDJPY is starting a new growth after finishing the correctional wave.
15.02.2021
Fibonacci Retracements Analysis 15.02.2021 (GOLD, USDCHF)
XAUUSD is slowly falling towards its local low, while USDCHF may resume growing after the correction.
11.02.2021
Fibonacci Retracements Analysis 11.02.2021 (AUDUSD, USDCAD)
AUDUSD continues the ascending tendency, while USDCAD is moving towards the low after breaking the consolidation range.
10.02.2021
Fibonacci Retracements Analysis 10.02.2021 (GBPUSD, EURJPY)
GBPUSD intends to attack its long-term high at 1.4376, while EURJPY is still testing the high and trying to break it.
09.02.2021
Fibonacci Retracements Analysis 09.02.2021 (EURUSD, USDJPY)
EURUSD is starting a new growth after completing the pullback at 50.0% fibo, while USDJPY is starting a new correction after finishing the ascending wave.
08.02.2021
Fibonacci Retracements Analysis 08.02.2021 (GOLD, USDCHF)
XAUUSD may drop to 1725.37, while USDCHF is still moving within the ascending tendency.