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.

31.07.2018

Fibonacci Retracements Analysis 31.07.2018 (EURUSD, USDJPY)

As we can see in the H4 chart, the mid-term sideways movement continues.
30.07.2018

Fibonacci Retracements Analysis 30.07.2018 (GOLD, USDCHF)

As we can see in the H4 chart, XAUUSD has reached the retracement of 23.6% and right now is still trading sideways.
26.07.2018

Fibonacci Analysis: AUD/USD and USD/CAD, July 26, 2018

On H4, for AUD/USD we can see that the market is developing a flat correction trend.
25.07.2018

Fibonacci Analysis for GBP/USD and EUR/JPY: July 25, 2018

On H4, for GBP/USD we can see that after the convergence has been formed, the market is starting to form a correction uptrend.
24.07.2018

Fibo Analysis for EUR/USD and USD/JPY: July 24, 2018

On H4, the EUR/USD is continuing to trade sideways in the midterm.
23.07.2018

Fibo Analysis for GOLD and USD/CHF: July 23, 2018

On H4, the latest downtrend ended with a convergence and a correction to 23.6% Fibo.
19.07.2018

Fibo Analysis: AUD/USD and USD/CAD, July 19, 2018

On H4, the AUD/USD is correcting against the long term downtrend.
18.07.2018

Fibo Analysis for GBP/USD and USD/JPY: July 18, 2018

On H4, the GBP/USD is correcting and range-trading.