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.

03.07.2018

Fibonacci Retracements Analysis 03.07.2018 (EURUSD, USDJPY)

As we can see in the H4 chart, USDJPY is trading towards the high at 111.39.
02.07.2018

Fibonacci Retracements Analysis 02.07.2018 (GOLD, USDCHF)

As we can see in the H4 chart, XAUUSD is still trading to the downside.
28.06.2018

Fibonacci Retracements Analysis 28.06.2018 (AUDUSD, USDCAD)

As we can see in the H4 chart, USDCAD is trading upwards.
27.06.2018

Fibonacci Retracements Analysis 27.06.2018 (GBPUSD, EURJPY)

As we can see in the H4 chart, the convergence made GBPUSD start a new correction to the upside.
26.06.2018

Fibonacci Retracements Analysis 26.06.2018 (EURUSD, USDJPY)

As we can see in the H4 chart, USDJPY is being corrected downwards and has already reached the retracement of 50.0%.
25.06.2018

Fibonacci Retracements Analysis 25.06.2018 (GOLD, USDCHF)

As we can see in the H4 chart, XAUUSD is trading to the downside and has already reached the post-correctional extension area between the retracements of 138.2% and 161.8%.
21.06.2018

Fibonacci Retracements Analysis 21.06.2018 (AUDUSD, USDCAD)

As we can see in the H4 chart, USDCAD is trading upwards.
20.06.2018

Fibonacci Retracements Analysis 20.06.2018 (GBPUSD, EURJPY)

As we can see in the H4 chart, GBPUSD has broken the short-term low and right now is still being corrected downwards.