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.
10.01.2022
Fibonacci Retracements Analysis 10.01.2022 (GOLD, USDCHF)
After completing the correction at 61.8% fibo, XAUUSD is starting a new growth; in the case of USDCHF, the price may grow towards 61.8% fibo or even reach the high at 0.9374.
06.01.2022
Fibonacci Retracements Analysis 06.01.2022 (Brent, Dow Jones)
After testing 76.0% fibo, Brent is about to resume falling; in the case of the Dow Jones index, the price is moving downwards after divergence on MACD
05.01.2022
Fibonacci Retracements Analysis 05.01.2022 (GBPUSD, EURJPY)
Both GBPUSD and EURJPY are still forming their respective corrections but they may be over soon.
04.01.2022
Fibonacci Retracements Analysis 04.01.2022 (EURUSD, USDJPY)
EURUSD continues consolidating, while USDJPY is still growing after breaking the high.
30.12.2021
Fibonacci Retracements Analysis 30.12.2021 (Brent, Dow Jones)
Brent has improved over the last week but there are signs in favour of potential decline; in the case of the Dow Jones index, the price has tested the high.
29.12.2021
Fibonacci Retracements Analysis 29.12.2021 (GBPUSD, EURJPY)
Both GBPUSD and EURJPY are about to complete their respective corrections soon and may start new declines to test their lows.
28.12.2021
Fibonacci Retracements Analysis 28.12.2021 (EURUSD, USDJPY)
EURUSD still is consolidating, while USDJPY is growing towards the high after finishing the descending wave.
27.12.2021
Fibonacci Retracements Analysis 27.12.2021 (GOLD, USDCHF)
XAUUSD is starting a new growth after completing the correctional downtrend towards the support; in the case of USDCHF, the price is still moving sideways.