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.
08.09.2020
Fibonacci Retracements Analysis 08.09.2020 (EURUSD, USDJPY)
EURUSD started correcting after a test of the psychological resistance level of 1.2000. USDJPY remains in a sideways flat.
07.09.2020
Fibonacci Retracements Analysis 07.09.2020 (GOLD, USDCHF)
Gold keeps trading in a Triangle. A downtrend in USDCHF switches for correctional growth.
03.09.2020
Fibonacci Retracements Analysis 03.09.2020 (AUDUSD, USDCAD)
AUDUSD and USDCAD are likely to correct but may still renew the extremes.
02.09.2020
Fibonacci Retracements Analysis 02.09.2020 (GBPUSD, EURJPY)
GBPUSD and EURJPY are preparing for a pullback after renewing the highs.
01.09.2020
Fibonacci Retracements Analysis 01.09.2020 (EURUSD, USDJPY)
EURUSD has renewed the high and is now heading for 76.0% Fibo, USDJPY quotations are forming a correctional flat, having failed to break away the last high.
31.08.2020
Fibonacci Retracements Analysis 31.08.2020 (GOLD, USDCHF)
The orice of gold may grow after a correction. The downtrend in USDCHF has reached a long-term level of 38.2% Fibo.
27.08.2020
Fibonacci Retracements Analysis 27.08.2020 (AUDUSD, USDCAD)
AUDUSD and USDCAD are slowly growing and falling respectively.
26.08.2020
Fibonacci Retracements Analysis 26.08.2020 (GBPUSD, EURJPY)
After reaching their respective upside targets, both GBPUSD and EURJPY are about to correct.