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.
12.02.2020
Fibonacci Retracements Analysis 12.02.2020 (GBPUSD, EURJPY)
GBPUSD continues falling slowly, while EURJPY is trying to form another descending impulse.
11.02.2020
Fibonacci Retracements Analysis 11.02.2020 (EURUSD, USDJPY)
EURUSD is heading to break the long-term low, while USDJPY is “hanging around” its highs.
10.02.2020
Fibonacci Retracements Analysis 10.02.2020 (GOLD, USDCHF)
XAUUSD may soon complete the correctional uptrend and is later expected to start a new decline; USDCHF is forming a new ascending impulse, which has already updated the high and may yet continue.
06.02.2020
Fibonacci Retracements Analysis 06.02.2020 (AUDUSD, USDCAD)
After rebounding from the low, AUDUSD is correcting upwards; in case of USDCAD, the correctional uptrend is transforming into a proper rising wave.
05.02.2020
Fibonacci Retracements Analysis 05.02.2020 (GBPUSD, EURJPY)
The Brexit had a short-term impact on GBPUSD and now the pair is back to trading inside the previous range; EURJPY is forming a new correction, which may later transform into a proper rising wave.
04.02.2020
Fibonacci Retracements Analysis 04.02.2020 (EURUSD, USDJPY)
EURUSD is trying to start a new wave to the upside, while USDJPY is forming a new pullback after finishing the descending wave.
03.02.2020
Fibonacci Retracements Analysis 03.02.2020 (GOLD, USDCHF)
Despite some steady growth, XAUUSD is expected to start a new pullback; USDCHF is forming a new descending impulse, which may soon update the low.
30.01.2020
Fibonacci Retracements Analysis 30.01.2020 (AUDUSD, USDCAD)
The downtrend in AUDUSD is heading towards the low, while USDCAD continues growing to reach the fractal high.