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.
14.12.2020
Fibonacci Retracements Analysis 14.12.2020 (GOLD, USDCHF)
After completing the pullback, XAUUSD is falling again to reach the low; USDCHF is stuck inside the post-correctional extension area between 138.2% and 161.8% fibo at 0.8886 and 0.8816 respectively.
10.12.2020
Fibonacci Retracements Analysis 10.12.2020 (AUDUSD, USDCAD)
AUDUSD is aiming at the long-term level of 38.2% (0.7634), USDCAD is correcting in a flat.
09.12.2020
Fibonacci Retracements Analysis 09.12.2020 (GBPUSD, EURJPY)
GBPUSD renewed the highs and slumped into a correction, EURJPY is stuck in a correctional flat before another wave of growth to the high of 127.07.
08.12.2020
Fibonacci Retracements Analysis 08.12.2020 (EURUSD, USDJPY)
EURUSD quotations renewed the high but seems to need a correction, USDJPY keeps consolidating.
07.12.2020
Fibonacci Retracements Analysis 07.12.2020 (GOLD, USDCHF)
Gold grew after a convergence but the wave of decline might renew the lows, USDCHF renewed the lows and is heading for a long-term level of 50.0% Fibo.
04.12.2020
Fibonacci Retracements Analysis 04.12.2020 (BTCUSD, ETHUSD)
BTCUSD is trying to reach and overcome 20,000, ETHUSD has risen to the long-term level of 38.2% Fibo.
03.12.2020
Fibonacci Retracements Analysis 03.12.2020 (AUDUSD, USDCAD)
AUDUSD quotations are testing the high of 0.7414, trying to break through it; USDCAD renewed the low and keeps falling.
02.12.2020
Fibonacci Retracements Analysis 02.12.2020 (GBPUSD, EURJPY)
GBPUSD is close to a long-term high and can renew it, EURJPY quotations are growing confidently to the high of 127.07.