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.
24.10.2018
Fibonacci Retracements Analysis 24.10.2018 (GBPUSD, EURJPY)
As we can see in the H4 chart, GBPUSD is being corrected downwards and has already tested the retracement of 50.0% for the second time.
23.10.2018
Fibonacci Retracements Analysis 23.10.2018 (EURUSD, USDJPY)
In the H4 chart, EURUSD is testing the support level at 1.1432.
22.10.2018
Fibonacci Retracements Analysis 22.10.2018 (GOLD, USDCHF)
As we can see in the H4 chart, after completing the ascending impulse, XAUUSD started a new sideways movement.
18.10.2018
Fibonacci Retracements Analysis 18.10.2018 (AUDUSD, USDCAD)
As we can see in the H4 chart, AUDUSD is being corrected and has already reached the retracement of 38.2%.
17.10.2018
Fibonacci Retracements Analysis 17.10.2018 (GBPUSD, EURJPY)
As we can see in the H4 chart, after being corrected by 76.0%, GBPUSD started a new pullback.
16.10.2018
Fibonacci Retracements Analysis 16.10.2018 (EURUSD, USDJPY)
In the H4 chart, the uptrend continues; it has already reached the retracement of 38.2%.
11.10.2018
Fibonacci Retracements Analysis 11.10.2018 (AUDUSD, USDCAD)
As we can see in the H4 chart, after breaking the low, AUDUSD has started a new correction.
10.10.2018
Fibonacci Retracements Analysis 10.10.2018 (GBPUSD, EURJPY)
As we can see in the H4 chart, after completing the correction, GBPUSD started a new rising impulse, which is getting closer to the retracement of 76.0% at 1.3207.