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.
21.01.2021
Fibonacci Retracements Analysis 21.01.2021 (AUDUSD, USDCAD)
AUDUSD is growing after completing another pullback, while USDCAD keeps updating its lows.
20.01.2021
Fibonacci Retracements Analysis 20.01.2021 (GBPUSD, EURJPY)
GBPUSD is approaching the highs after finishing a short-term pullback; in the case of EURJPY, the price has completed a correction after a divergence on MACD and is about to resume growing.
19.01.2021
Fibonacci Retracements Analysis 19.01.2021 (EURUSD, USDJPY)
EURUSD is starting a new pullback but may form another descending wave soon, while USDJPY is trying to forming one more wave to the upside to reach 23.6% fibo at 104.74.
18.01.2021
Fibonacci Retracements Analysis 18.01.2021 (GOLD, USDCHF)
XAUUSD may start a short-term correctional uptrend after a convergence, while USDCHF has reached 50.0% fibo.
14.01.2021
Fibonacci Retracements Analysis 14.01.2021 (AUDUSD, USDCAD)
AUDUSD continues growing, while USDCAD is updating its lows.
13.01.2021
Fibonacci Retracements Analysis 13.01.2021 (GBPUSD, EURJPY)
GBPUSD may update its highs after a pullback, while EURJPY is falling after another divergence on MACD.
12.01.2021
Fibonacci Retracements Analysis 12.01.2021 (EURUSD, USDJPY)
EURUSD is starting a new descending tendency, while USDJPY is forming a correction to the upside.
11.01.2021
Fibonacci Retracements Analysis 11.01.2021 (GOLD, USDCHF)
After a correctional growth towards 61.8% fibo, XAUUSD has plummeted; in the case of USDCHF, the price has started a new correction to the upside after a convergence on MACD.