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.
21.03.2018
Fibonacci Retracements Analysis 21.03.2018 (GBPUSD, EURJPY)
As we can see in the H4 chart, GBPUSD is forming a new ascending impulse and has already reached the retracement of 50.0%.
20.03.2018
Fibonacci Retracements Analysis 20.03.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, the mid-term correction to the downside continues and has already reached the retracement of 61.8%.
19.03.2018
Fibonacci Retracements Analysis 19.03.2018 (GOLD, USDCHF)
In the H4 chart, the mid-term correction continues.
16.03.2018
Fibonacci Retracements Analysis 16.03.2018 (BITCOIN, ETHEREUM)
In the H4 chart, the downtrend continues.
15.03.2018
Fibonacci Retracements Analysis 15.03.2018 (AUDUSD, USDCAD)
In the H4 chart, the mid-term downtrend continues.
14.03.2018
Fibonacci Retracements Analysis 14.03.2018 (GBPUSD, EURJPY)
As we can see in the H4 chart, the downtrend has been corrected by 38.2% over the last several weeks.
13.03.2018
Fibonacci Retracements Analysis 13.03.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, the correction to the downside continues.
12.03.2018
Fibonacci Retracements Analysis 12.03.2018 (GOLD, USDCHF)
In the H4 chart, the mid-term downtrend continues.