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.
06.01.2021
Fibonacci Retracements Analysis 06.01.2021 (GBPUSD, EURJPY)
GBPUSD may complete another correction soon and resume growing towards 1.40, while EURJPY is starting a new correction after a divergence on MACD.
05.01.2021
Fibonacci Retracements Analysis 05.01.2021 (EURUSD, USDJPY)
EURUSD is testing the high and trying to continue the uptrend towards 1.2555, while USDJPY is still moving downwards but very slowly.
04.01.2021
Fibonacci Retracements Analysis 04.01.2021 (GOLD, USDCHF)
After a thorough test of its local high, XAUUSD has finally broken it and may continue rising; in the case of USDCHF, the price has skyrocketed after updating the low, thus signaling a new correction to the upside.
30.12.2020
Fibonacci Retracements Analysis 30.12.2020 (GBPUSD, EURJPY)
GBPUSD is testing the high and may break it; EURJPY has re-tested the high and formed a divergence on MACD.
29.12.2020
Fibonacci Retracements Analysis 29.12.2020 (EURUSD, USDJPY)
EURUSD is testing the high and trying to break it, while USDJPY is consolidating before making a jump.
28.12.2020
Fibonacci Retracements Analysis 28.12.2020 (GOLD, USDCHF)
After updating its local high, XAUUSD may get cheaper again, while USDCHF is still correcting to the upside.
24.12.2020
Japanese Candlesticks Analysis 24.12.2020 (GOLD, NZDUSD, GBPUSD)
GOLD continues growing after rebounding from the support area; NZDUSD is resuming the uptrend, while GBPUSD continues moving to reach the resistance level.
24.12.2020
Ichimoku Cloud Analysis 24.12.2020 (CADCHF, XAUUSD, USDCAD)
CADCHF is testing Tenkan-Sen and Kijun-Sen; XAUUSD is correcting within the rising channel, while USDCAD is about to break a Triangle pattern.