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.
26.09.2019
Fibonacci Retracements Analysis 26.09.2019 (AUDUSD, USDCAD)
AUDUSD is heading to break the key low; USDCAD’s growth was stopped by the correction, which may transform into a new descending wave.
25.09.2019
Fibonacci Retracements Analysis 25.09.2019 (GBPUSD, EURJPY)
After the divergence, GBPUSD is falling very slowly, as if it may yet try to grow a little bit; in case of EURJPY, the descending correction was quite quick and deep.
24.09.2019
Fibonacci Retracements Analysis 24.09.2019 (EURUSD, USDJPY)
EURUSD is still correcting and may test the low once again; USDJPY is starting to reverse after the divergence.
23.09.2019
Fibonacci Retracements Analysis 23.09.2019 (GOLD, USDCHF)
XAUUSD is correcting, while USDCHF is starting a new descending tendency after the divergence.
19.09.2019
Fibonacci Retracements Analysis 19.09.2019 (AUDUSD, USDCAD)
AUDUSD is falling towards the local low, while USDCAD is heading to break the previous high.
18.09.2019
Fibonacci Retracements Analysis 18.09.2019 (GBPUSD, EURJPY)
Both GBPUSD and EURJPY are still correcting to the upside and may start new pullbacks in the nearest future.
17.09.2019
Fibonacci Retracements Analysis 17.09.2019 (EURUSD, USDJPY)
EURUSD is correcting to the upside, but the downtrend is still dominating; after reaching 50.0% fibo, USDJPY is slowing down its growth.
16.09.2019
Fibonacci Retracements Analysis 16.09.2019 (GOLD, USDCHF)
XAUUSD is getting cheaper slowly; USDCHF may soon complete the uptrend.