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.
11.11.2021
Fibonacci Retracement Analysis 11.11.2021 (Brent, Dow Jones)
Brent tried to rise to the high but failed; Dow Jones is pulling back upon renewing the high.
10.11.2021
Fibonacci Retracement Analysis 10.11.2021 (GBPUSD, EURJPY)
GBPUSD is forming another declining momentum to 38.2%, a wave of growth in EURJPY has not reached its high.
09.11.2021
Fibonacci Retracement Analysis 09.11.2021 (EURUSD, USDJPY)
EURUSD quotations are trying to test 50.0% Fibo for the second time, USDJPY has started a decline after a divergence.
08.11.2021
Fibonacci Retracements Analysis 08.11.2021 (GOLD, USDCHF)
Gold returned to 38.2% Fibo and might keep growing; A downtrend in USDCHF ended at 76.0%.
22.10.2021
Fibonacci Retracements Analysis 22.10.2021 (AUDUSD, USDCAD)
After reaching 50.0% fibo, AUDUSD is starting a new pullback; in the case of USDCAD, the price is moving to the upside but one shouldn’t exclude a possibility of another decline.
21.10.2021
Fibonacci Retracements Analysis 21.10.2021 (Brent, Dow Jones)
Brent continues rising but may start a pullback really soon; in the case of the Dow Jones index, the price has tested its all-time high.
20.10.2021
Fibonacci Retracements Analysis 20.10.2021 (GBPUSD, EURJPY)
The correction in GBPUSD has reached 50.0% fibo; in the case of EURJPY, the price is heading to break the high.
19.10.2021
Fibonacci Retracements Analysis 19.10.2021 (EURUSD, USDJPY)
After attempting to test 50.0% fibo, EURUSD is starting a new rising movement; in the case of USDJPY, the price is still growing but may start a new pullback at any moment.