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.
20.03.2020
Fibonacci Retracements Analysis 20.03.2020 (BITCOIN, ETHEREUM)
After plummeting, both Bitcoin and Ethereum are forming short-term corrections.
19.03.2020
Fibonacci Retracements Analysis 19.03.2020 (AUDUSD, USDCAD)
AUDUSD is plummeting towards its all-time lows, while USDCAD is testing the key high before continuing to grow towards new targets.
18.03.2020
Fibonacci Retracements Analysis 18.03.2020 (GBPUSD, EURJPY)
A strong descending impulse in GBPUSD is heading to break the low, while EURJPY is testing 76.0% fibo and trying to update this year’s low.
17.03.2020
Fibonacci Retracements Analysis 17.03.2020 (EURUSD, USDJPY)
After skyrocketing for a while, EURUSD is correcting; in the case of USDJPY, a fast decline was followed by a quick correctional uptrend.
16.03.2020
Fibonacci Retracements Analysis 09.03.2020 (GOLD, USDCHF)
XAUUSD couldn’t stand the pressure of global financial events and started a new descending wave, while USDCHF is correcting after a quick descending impulse.
13.03.2020
Fibonacci Retracements Analysis 13.03.2020 (BITCOIN, ETHEREUM)
Bitcoin, Эфириум (Ethereum) и весь рынок криптовалют переживают период крутого пике. Стоимость ряда криптовалют за последние несколько дней снизилась на 50%.
12.03.2020
Fibonacci Retracements Analysis 12.03.2020 (AUDUSD, USDCAD)
After finishing a quick growth, AUDUSD is falling again but resume growing after testing the low; in the case of USDCAD, the price has broken an important high but failed to eliminate the downside gap.
11.03.2020
Fibonacci Retracements Analysis 11.03.2020 (GBPUSD, EURJPY)
After finishing a quick growth, GBPUSD is forming a deep pullback, which may transform into a proper descending impulse; in the case of EURJPY, the pair attempted to test its multi-month low and rebounded.