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.
02.04.2019
Fibonacci Retracements Analysis 02.04.2019 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD is forming a new descending wave, which is getting closer to the low at 1.1176.
01.04.2019
Fibonacci Retracements Analysis 01.04.2019 (GOLD, USDCHF)
As we can see in the H4 chart, XAUUSD is forming another descending impulse.
26.03.2019
EURUSD and USDJPY: Fibo Analysis, 26/03/2019
On H4, the EURUSD reached 38.20% Fibo after a midterm downtrend.
25.03.2019
Fibo Analysis for GOLD and USDCHF: 25/03/2019
On H4, the gold is forming a correction uptrend.
21.03.2019
Fibo Analysis: AUDUSD and USDCAD, 21/03/2019
On H4, the AUDUSD is forming a rising move after converging.
20.03.2019
Fibo Analysis: GBPUSD and EURJPY, 20/03/2019
On H4, the GBPUSD started trading sideways after breaking out the latest high.
19.03.2019
EURUSD and USDJPY: Fibo Analysis, 19/3/2019
On H4, the EURUSD formed a correction uptrend that reached 76% Fibo.