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.
06.11.2019
Fibonacci Retracements Analysis 06.11.2019 (GBPUSD, EURJPY)
Both GBPUSD and EURJPY are still forming their corrections.
05.11.2019
Fibonacci Retracements Analysis 05.11.2019 (EURUSD, USDJPY)
In case of EURUSD, the correction is getting more complicated because the pair hasn’t been able to break the high so far; USDJPY is trading upwards again after finishing the descending correction.
04.11.2019
Fibonacci Retracements Analysis 04.11.2019 (GOLD, USDCHF)
XAUUSD is still trading sideways, but further growth is not far off; USDCHF is testing the low and trying to continue the descending tendency.
31.10.2019
Fibonacci Retracements Analysis 31.10.2019 (AUDUSD, USDCAD)
After finishing a slight pullback, AUDUSD continues moving upwards, while USDCAD is correcting after completing a quick ascending impulse.
30.10.2019
Fibonacci Retracements Analysis 30.10.2019 (GBPUSD, EURJPY)
Both GBPUSD and EURJPY are forming short-term corrections.
29.10.2019
Fibonacci Retracements Analysis 29.10.2019 (EURUSD, USDJPY)
EURUSD is correcting downwards and may later start a new rising wave, while USDJPY is slowly trading towards the upside post-correctional extension area.
28.10.2019
Fibonacci Retracements Analysis 28.10.2019 (GOLD, USDCHF)
Bulls are trying to push XAUUSD towards the high; USDCHF is forming a new ascending wave to reach the high.
28.10.2019
Ichimoku Cloud Analysis 28.10.2019 (AUDUSD, NZDUSD, USDCAD)
AUDUSD is about to test the cloud’s downside border; NZDUSD is correcting before a new growth, while USDCAD is testing the channel’s broken border.