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.
22.07.2020
Fibonacci Retracements Analysis 22.07.2020 (GBPUSD, EURJPY)
GBPUSD is forming a rising impulse towards the high at 1.2813, while EURJPY is slowly but steadily growing to reach the high.
21.07.2020
Fibonacci Retracements Analysis 21.07.2020 (EURUSD, USDJPY)
EURUSD is attempting to fix above the broken high and continue rising, while USDJPY is trying to break through the correctional channel to the upside.
20.07.2020
Fibonacci Retracements Analysis 20.07.2020 (GOLD, USDCHF)
XAUUSD is correcting, while USDCHF is approaching 76.0% fibo at 0.9350.
19.03.2020
Fibonacci Retracements Analysis 19.03.2020 (AUDUSD, USDCAD)
AUDUSD is plummeting towards its all-time lows, while USDCAD is testing the key high before continuing to grow towards new targets.
18.03.2020
Fibonacci Retracements Analysis 18.03.2020 (GBPUSD, EURJPY)
A strong descending impulse in GBPUSD is heading to break the low, while EURJPY is testing 76.0% fibo and trying to update this year’s low.
17.03.2020
Fibonacci Retracements Analysis 17.03.2020 (EURUSD, USDJPY)
After skyrocketing for a while, EURUSD is correcting; in the case of USDJPY, a fast decline was followed by a quick correctional uptrend.
16.03.2020
Fibonacci Retracements Analysis 09.03.2020 (GOLD, USDCHF)
XAUUSD couldn’t stand the pressure of global financial events and started a new descending wave, while USDCHF is correcting after a quick descending impulse.
12.03.2020
Fibonacci Retracements Analysis 12.03.2020 (AUDUSD, USDCAD)
After finishing a quick growth, AUDUSD is falling again but resume growing after testing the low; in the case of USDCAD, the price has broken an important high but failed to eliminate the downside gap.