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.
03.09.2020
Fibonacci Retracements Analysis 03.09.2020 (AUDUSD, USDCAD)
AUDUSD and USDCAD are likely to correct but may still renew the extremes.
02.09.2020
Fibonacci Retracements Analysis 02.09.2020 (GBPUSD, EURJPY)
GBPUSD and EURJPY are preparing for a pullback after renewing the highs.
01.09.2020
Fibonacci Retracements Analysis 01.09.2020 (EURUSD, USDJPY)
EURUSD has renewed the high and is now heading for 76.0% Fibo, USDJPY quotations are forming a correctional flat, having failed to break away the last high.
31.08.2020
Fibonacci Retracements Analysis 31.08.2020 (GOLD, USDCHF)
The orice of gold may grow after a correction. The downtrend in USDCHF has reached a long-term level of 38.2% Fibo.
27.08.2020
Fibonacci Retracements Analysis 27.08.2020 (AUDUSD, USDCAD)
AUDUSD and USDCAD are slowly growing and falling respectively.
26.08.2020
Fibonacci Retracements Analysis 26.08.2020 (GBPUSD, EURJPY)
After reaching their respective upside targets, both GBPUSD and EURJPY are about to correct.
25.08.2020
Fibonacci Retracements Analysis 25.08.2020 (EURUSD, USDJPY)
EURUSD is still trading not far from 61.8% fibo, while USDJPY has completed the correction to the downside and is trying to start another rising impulse.
24.08.2020
Japanese Candlesticks Analysis 24.08.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is finishing the correction within the rising tendency; NZDUSD is rebounding from the channel’s downside border, while GBPUSD is still correcting within the uptrend.