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.
22.11.2021
Fibonacci Retracements Analysis 22.11.2021 (GOLD, USDCHF)
XAUUSD is still correcting before starting a new ascending wave; in the case of USDCHF, the price has started a pullback after reaching 76.0%.
19.11.2021
Fibonacci Retracements Analysis 19.11.2021 (AUDUSD, USDCAD)
Both AUDUSD and USDCAD are about to correct.
18.11.2021
Fibonacci Retracements Analysis 18.11.2021 (Brent, Dow Jones)
Brent is falling, but it’s not quite clear yet whether it’s a pullback or reversal; in the case of the Dow Jones index, the price is correcting after updating the high.
17.11.2021
Fibonacci Retracements Analysis 17.11.2021 (GBPUSD, EURJPY)
GBPUSD is correcting before further decline towards the long-term 38.2% fibo; in the case of EURJPY, the current descending wave may transform into new growth.
16.11.2021
Fibonacci Retracements Analysis 16.11.2021 (EURUSD, USDJPY)
After breaking 50.0% fibo, EURUSD is still trading downwards; in the case of USDJPY, the price is trying to reach the high at 114.70.
15.11.2021
Fibonacci Retracements Analysis 15.11.2021 (GOLD, USDCHF)
XAUUSD is correcting before starting a new ascending impulse; in the case of USDCHF, the price has rebounded from 50.0%.
15.11.2021
Murrey Math Lines 15.11.2021 (EURUSD, GBPUSD)
Both EURUSD and GBPUSD may correct up to 2/8.
12.11.2021
Fibonacci Retracement Analysis 12.11.2021 (AUDUSD, USDCAD)
AUDUSD completed a correction phase and is declining again, USDCAD quotations are forming a long-term wave of growth.