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.
20.01.2022
Fibonacci Retracements Analysis 20.01.2022 (Brent, Dow Jones)
Brent has broken its previous high; in the case of the Dow Jones index, the price has been falling for the second consecutive week.
19.01.2022
Fibonacci Retracements Analysis 19.01.2022 (GBPUSD, EURJPY)
GBPUSD is forming the descending wave that may reach the low at 1.3160; in the case of EURJPY, the price is heading towards the low at 127.38.
18.01.2022
Fibonacci Retracements Analysis 18.01.2022 (EURUSD, USDJPY)
EURUSD is falling after completing the rising wave, while USDJPY may update its previous high.
17.01.2022
Fibonacci Retracements Analysis 17.01.2022 (GOLD, USDCHF)
XAUUSD is trying to grow and reach the mid-term 61.8% fibo, while USDCHF has tested the low at 0.9085.
14.01.2022
Fibonacci Retracements Analysis 14.01.2022 (AUDUSD, USDCAD)
AUDUSD is still correcting upwards, while USDCAD is forming a correction to the downside.
13.01.2022
Fibonacci Retracements Analysis 13.01.2022 (Brent, Dow Jones)
Brent is going to attack the high; in the case of the Dow Jones index, the price may resume falling after completing the pullback.
12.01.2022
Fibonacci Retracements Analysis 12.01.2022 (GBPUSD, EURJPY)
Both GBPUSD and EURJPY may correct before attacking their respective highs.
11.01.2022
Fibonacci Retracements Analysis 11.01.2022 (EURUSD, USDJPY)
EURUSD is looking like a compressed spring that is about to be released, while USDJPY is starting a new correction to the downside.