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. As a result, they may have some additional information on possible direction of the currency market movement in the future.
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.
27.07.2018
Fibonacci Analysis for Bitcoin and Ethereum: July 27, 2018
On H4, Bitcoin continues to form a correction uptrend.
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.
20.07.2018
Fibo Analysis for Bitcoin and Ether: July 20, 2018
On H4, Bitcoin is continuing to form the correction uptrend.
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.