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.

29.08.2019

Fibonacci Retracements Analysis 29.08.2019 (AUDUSD, USDCAD)

Both AUDUSD and USDCAD are heading towards extremums and trying to finish their corrections.
28.08.2019

Fibonacci Retracements Analysis 28.08.2019 (GBPUSD, EURJPY)

Пара GBPUSD завершает период коррекции. EURJPY, протестировав значимый минимум, может уйти в коррекцию.
27.08.2019

Fibonacci Retracements Analysis 27.08.2019 (EURUSD, USDJPY)

In the mid-term, EURUSD is forming a narrowing consolidation range; after testing the long-term low, USDJPY is starting a correction.
26.08.2019

Fibonacci Retracements Analysis 26.08.2019 (GOLD, USDCHF)

After a slight consolidation, XAUUSD continues growing, while USDCHF is heading towards the low after finishing another pullback.
22.08.2019

Fibonacci Retracements Analysis 22.08.2019 (AUDUSD, USDCAD)

Both AUDUSD and USDCAD are still trading sideways, but these corrections may be over soon.
21.08.2019

Fibonacci Retracements Analysis 21.08.2019 (GBPUSD, EURJPY)

The convergence made GBPUSD start a new correction, while EURJPY is still testing the significant low.
20.08.2019

Fibonacci Retracements Analysis 20.08.2019 (EURUSD, USDJPY)

EURUSD is moving downwards to break the low at 1.1027, while USDJPY is forming a correction.
19.08.2019

Fibonacci Retracement Analysis 19.08.2019 (GOLD, USDCHF)

Gold is forming a reversal pattern around the long-term level of 61.8%. USDCHF has gone upwards correcting upon the renewal of the minimum.