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.
26.05.2020
Fibonacci Retracements Analysis 26.05.2020 (EURUSD, USDJPY)
EURUSD may update its previous high after a pullback, while USDJPY is about to start a new ascending impulse.
25.05.2020
Fibonacci Retracements Analysis 25.05.2020 (GOLD, USDCHF)
After breaking the high, XAUUSD is falling to test if from above, while USDCHF is still consolidating within a Triangle inside a Flat.
22.05.2020
Fibonacci Retracements Analysis 22.05.2020 (BITCOIN, ETHEREUM)
After numerous attempts to update their respective highs, both Bitcoin and Ethereum have started new descending movements.
21.05.2020
Fibonacci Retracements Analysis 21.05.2020 (AUDUSD, USDCAD)
AUDUSD has updated the local high on its way to an important fractal, while USDCAD is trading to break the low at 1.3850.
20.05.2020
Fibonacci Retracements Analysis 20.05.2020 (GBPUSD, EURJPY)
GBPUSD is finishing the correction; in the case of EURJPY, the price is forming a new rising correction, which may later transform into a stable trend.
19.05.2020
Fibonacci Retracements Analysis 19.05.2020 (EURUSD, USDJPY)
EURUSD intends to rise towards its local high, while USDJPY is about to complete the pullback and start a new ascending wave.
18.05.2020
Fibonacci Retracements Analysis 18.05.2020 (GOLD, USDCHF)
After breaking the consolidation range to the upside, XAUUSD is moving towards its all-time high, while USDCHF is still consolidating inside a Flat.
15.05.2020
Fibonacci Retracements Analysis 15.05.2020 (BITCOIN, ETHEREUM)
Both Bitcoin and Ethereum have started new descending pullbacks after reaching important targets.