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.
06.07.2018
Fibonacci Retracements Analysis 06.07.2018 (BITCOIN, ETHEREUM)
As we can see in the H4 chart, BTCUSD has already been corrected to the upside by 50.0%.
05.07.2018
Fibonacci Retracements Analysis 05.07.2018 (AUDUSD, USDCAD)
As we can see in the H4 chart, the convergence made AUDUSD reverse and start a new correction upwards, which has already reached the retracement of 23.6%.
04.07.2018
Fibonacci Retracements Analysis 04.07.2018 (GBPUSD, EURJPY)
As we can see in the H4 chart, the convergence made GBPUSD start a new correction to the upside.
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.
29.06.2018
Fibonacci Retracements Analysis 29.06.2018 (BITCOIN, ETHEREUM)
As we can see in the H4 chart, BTCUSD has broken the long-term low at 5980.00 and reached a new one at 5750.00.
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.