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.
25.08.2020
Fibonacci Retracements Analysis 25.08.2020 (EURUSD, USDJPY)
EURUSD is still trading not far from 61.8% fibo, while USDJPY has completed the correction to the downside and is trying to start another rising impulse.
24.08.2020
Japanese Candlesticks Analysis 24.08.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is finishing the correction within the rising tendency; NZDUSD is rebounding from the channel’s downside border, while GBPUSD is still correcting within the uptrend.
13.08.2020
Fibonacci Retracements Analysis 13.08.2020 (AUDUSD, USDCAD)
AUDUSD continues testing the area around 61.8% fibo, while USDCAD is still trading downwards after breaking the low at 1.3315.
12.08.2020
Fibonacci Retracements Analysis 12.08.2020 (GBPUSD, EURJPY)
GBPUSD is about to correct towards the previous high, while EURJPY intends to break 50.0% fibo.
11.08.2020
Fibonacci Retracements Analysis 11.08.2020 (EURUSD, USDJPY)
EURUSD is correcting after reaching 61.8% fibo, while USDJPY is trying to start another rising impulse.
10.08.2020
Fibonacci Retracements Analysis 10.08.2020 (GOLD, USDCHF)
XAUUSD has reversed from rising to falling, while the downtrend in USDCHF has stopped at the long-term 38.2% fibo.
06.08.2020
Fibonacci Retracements Analysis 06.08.2020 (AUDUSD, USDCAD)
AUDUSD continues testing the area around 61.8% fibo, while USDCAD is still trading downwards after breaking the low at 1.3315.
05.08.2020
Fibonacci Retracements Analysis 05.08.2020 (GBPUSD, EURJPY)
GBPUSD is approaching the long-term 61.8% fibo, while EURJPY has broken its previous high.