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.

28.08.2018

Fibonacci Retracements Analysis 28.08.2018 (EURUSD, USDJPY)

In the H4 chart, EURUSD is still being corrected to the upside towards the retracement of 38.2% at 1.1750.
27.08.2018

Fibonacci Retracements Analysis 27.08.2018 (GOLD, USDCHF)

As we can see in the H4 chart, XAUUSD is being corrected upwards and has already reached the retracement of 23.6%.
23.08.2018

Fibonacci Retracements Analysis 23.08.2018 (AUDUSD, USDCAD)

As we can see in the H4 chart, the convergence made AUDUSD reverse and start a new correctional uptrend.
22.08.2018

Fibonacci Retracements Analysis 22.08.2018 (GBPUSD, EURJPY)

As we can see in the H4 chart, the convergence made GBPUSD reverse and start a new uptrend, which is heading towards the retracement of 23.6% at 1.3065.
21.08.2018

Fibonacci Retracements Analysis 21.08.2018 (EURUSD, USDJPY)

In the H4 chart, EURUSD is forming a new correction to the upside towards the retracement of 23.6% at 1.1580.
20.08.2018

Fibonacci Retracements Analysis 20.08.2018 (GOLD, USDCHF)

As we can see in the H4 chart, the long-term correctional trend continues.
16.08.2018

Fibonacci Retracements Analysis 16.08.2018 (AUDUSD, USDCAD)

As we can see in the H4 chart, after breaking the previous low, AUDUSD has reached the post-correctional extension area between the retracements of 138.2% and 161.8%.
15.08.2018

Fibonacci Retracements Analysis 15.08.2018 (GBPUSD, EURJPY)

As we can see in the H4 chart, GBPUSD is still moving downwards to reach the retracements of 61.8% and 76.0% at 1.2580 and 1.2170 respectively.