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.
27.06.2019
Fibonacci Retracements Analysis 27.06.2019 (AUDUSD, USDCAD)
AUDUSD is about to start a new descending wave to update the low, while USDCAD is quickly falling before a new pullback.
26.06.2019
Fibonacci Retracements Analysis 26.06.2019 (GBPUSD, EURJPY)
GBPUSD is trading downwards before a new rising impulse, while EURJPY is trying to extend the correction.
25.06.2019
Fibonacci Retracements Analysis 25.06.2019 (EURUSD, USDJPY)
EURUSD is about to complete the correctional trend, while USDJPY is steadily trading downwards, but may start a new pullback soon.
24.06.2019
Fibonacci Retracements Analysis 24.06.2019 (GOLD, USDCHF)
XAUUSD has almost reached the long-term resistance and may reverse quite soon, while USDCHF is steadily trading downwards.
20.06.2019
Fibonacci Retracements Analysis 20.06.2019 (AUDUSD, USDCAD)
Both instruments have completed their corrections; right now, AUDUSD and USDCAD are quickly falling to update their yearly lows.
19.06.2019
Fibonacci Retracements Analysis 19.06.2019 (GBPUSD, EURJPY)
Both instruments are heading to update their key lows, but GBPUSD is falling faster than EURJPY.
18.06.2019
Fibonacci Retracements Analysis 18.06.2019 (EURUSD, USDJPY)
EURUSD is about to complete the pullback and start a new rising impulse, while USDJPY is trying to break through the long sideways channel.
17.06.2019
Fibonacci Retracements Analysis 17.06.2019 (GOLD, USDCHF)
After updating the high, XAUUSD may start a new correction, but the uptrend may continue as well, while USDCHF is finishing the correction before a new descending wave.