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.
04.05.2020
Fibonacci Retracements Analysis 04.05.2020 (GOLD, USDCHF)
The quotations of GOLD are consolidating under the high around 23.6%. The quotations of USDCHF are dropping again.
01.05.2020
Fibonacci Retracements Analysis 01.05.2020 (BITCOIN, ETHEREUM)
Both Bitcoin and Ethereum have updated their respective highs but may start new pullbacks soon.
30.04.2020
Fibonacci Retracements Analysis 30.04.2020 (AUDUSD, USDCAD)
AUDUSD is very serious about breaking its local high, while USDCAD is steadily trading downwards.
29.04.2020
Fibonacci Retracements Analysis 29.04.2020 (GBPUSD, EURJPY)
GBPUSD is growing but not for long, while EURJPY continues falling after updating the low.
28.04.2020
Fibonacci Retracements Analysis 28.04.2020 (EURUSD, USDJPY)
EURUSD is about to complete a slight pullback, while USDJPY is trying to fall and attack 50.0% fibo.
27.04.2020
Fibonacci Retracements Analysis 27.04.2020 (GOLD, USDCHF)
XAUUSD has reached the high but is likely to break it a little bit later; in the case of USDCHF, the price has broken the Triangle pattern upwards.
24.04.2020
Fibonacci Retracements Analysis 24.04.2020 (BITCOIN, ETHEREUM)
Both Bitcoin and Ethereum have updated their respective highs and may soon complete the uptrend.
23.04.2020
Fibonacci Retracements Analysis 23.04.2020 (AUDUSD, USDCAD)
AUDUSD may break its local high in the nearest future, while USDCAD is slowing down its decline and may soon resume falling.