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.
29.09.2020
Fibonacci Retracements Analysis 29.09.2020 (EURUSD, USDJPY)
EURUSD is about to start a correction to the upside, while USDJPY is reversing upwards.
28.09.2020
Fibonacci Retracements Analysis 28.09.2020 (GOLD, USDCHF)
After breaking a Triangle pattern, XAUUSD is expected to continue falling, while USDCHF is forming a new rising wave after a convergence.
24.09.2020
Fibonacci Retracements Analysis 24.09.2020 (AUDUSD, USDCAD)
Both AUDUSD and USDCAD have changed their directions after a divergence and a convergence respectively.
23.09.2020
Fibonacci Retracements Analysis 23.09.2020 (GBPUSD, EURJPY)
Both GBPUSD and EURJPY were supported by 38.2% fibo but their respective downtrends may continue.
22.09.2020
Fibonacci Retracements Analysis 22.09.2020 (EURUSD, USDJPY)
EURUSD is slowly correcting after a divergence, while USDJPY is slowing down its downtrend.
21.09.2020
Fibonacci Retracements Analysis 21.09.2020 (GOLD, USDCHF)
XAUUSD continues trading within a Triangle pattern, while the downtrend in USDCHF is consolidating at the long-term 38.2% fibo.
10.09.2020
Fibonacci Retracements Analysis 10.09.2020 (AUDUSD, USDCAD)
AUDUSD and USDCAD finish correction; the market may renew the highs.
09.09.2020
Fibonacci Retracements Analysis 09.09.2020 (GBPUSD, EURJPY)
GBPUSD and EURJPY developing a decline after a divergence.