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.
12.04.2018
Fibonacci Retracements Analysis 12.04.2018 (AUDUSD, USDCAD)
In the H4 chart, the convergence made AUDUSD finish the downtrend, reverse, and start a new rising correction, which has already reached the retracement of 23.6%.
11.04.2018
Fibonacci Retracements Analysis 11.04.2018 (GBPUSD, EURJPY)
As we can see in the H4 chart, GBPUSD has completed the correction to the downside and has started a new ascending impulse.
10.04.2018
Fibonacci Retracements Analysis 10.04.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD is about to finish the downtrend and start a new rising impulse.
09.04.2018
Fibonacci Retracements Analysis 09.04.2018 (GOLD, USDCHF)
As we can see in the H4 chart, the pair is trading sideways.
06.04.2018
Fibonacci Retracements Analysis 06.04.2018 (BITCOIN, ETHEREUM)
As we can see in the H4 chart, BTCUSD is falling towards the short-term low at 5980.00.
05.04.2018
Fibonacci Retracements Analysis 05.04.2018 (AUDUSD, USDCAD)
In the H4 chart, the convergence made AUDUSD finish the downtrend, reverse, and start a new rising correction.
04.04.2018
Fibonacci Retracements Analysis 04.04.2018 (GBPUSD, EURJPY)
As we can see in the H4 chart, GBPUSD is being corrected to the downside and has already reached the retracement of 50.0%.
03.04.2018
Fibonacci Retracements Analysis 03.04.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD is being corrected to the downside and has already reached the retracement of 61.8%.