Fibonacci Retracements Analysis
Fibonacci retracements are actively used by traders, when they study how impulses are formed and try to find levels of possible trend corrections. Fluctuations in the prices of certain assets often repeat the Fibonacci sequence. As a result, they may have some additional information on possible direction of the currency market movement in the future.
Fibonacci analysis is a popular and useful tool for a trader, it works well for both long and short timeframes. This page presents Fibonacci analysis from RoboForex experts that will help you invest more wisely. To make trading even more efficient, combine Fibonacci analysis with other technical analysis tools such as Ichimoku indicators and Japanese candlesticks.
03.06.2019
Fibonacci Retracements Analysis 03.06.2019 (GOLD, USDCHF)
XAUUSD is rising, while USDCHF is testing 1.0000.
30.05.2019
Fibonacci Retracements Analysis 30.05.2019 (AUDUSD, USDCAD)
AUDUSD is starting a new correction, while USDCAD is trying to update its yearly lows.
29.05.2019
Fibonacci Retracements Analysis 29.05.2019 (GBPUSD, EURJPY)
GBPUSD is starting a new correction, while EURJPY is still trading inside the mid-term downtrend.
28.05.2019
Fibonacci Retracements Analysis 28.05.2019 (EURUSD, USDJPY)
EURUSD is correcting the previous rising impulse before a new growth. In case of USDJPY, the correction may take longer than expected.
27.05.2019
Fibonacci Retracements Analysis 27.05.2019 (GOLD, USDCHF)
XAUUSD is at crossroads: it may both rise and fall. USDCHF, in its turn, seems to be starting a new long-term downtrend.
23.05.2019
Fibonacci Retracements Analysis 23.05.2019 (AUDUSD, USDCAD)
AUDUSD eliminated the gap and may continue trading to the downside, while USDCAD is trying to break its sideways channel and forming an expanding one.
22.05.2019
Fibonacci Retracements Analysis 22.05.2019 (GBPUSD, EURJPY)
GBPUSD is about to start a short-term correction, but the bearish tendency is still dominating; in case of EURJPY, we can see a short-term correction as well.
21.05.2019
Fibonacci Retracements Analysis 21.05.2019 (EURUSD, USDJPY)
EURUSD is forming a sideways channel that won’t last long, while USDJPY is being corrected upwards after completing another descending wave.