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.
19.09.2019
Fibonacci Retracements Analysis 19.09.2019 (AUDUSD, USDCAD)
AUDUSD is falling towards the local low, while USDCAD is heading to break the previous high.
18.09.2019
Fibonacci Retracements Analysis 18.09.2019 (GBPUSD, EURJPY)
Both GBPUSD and EURJPY are still correcting to the upside and may start new pullbacks in the nearest future.
17.09.2019
Fibonacci Retracements Analysis 17.09.2019 (EURUSD, USDJPY)
EURUSD is correcting to the upside, but the downtrend is still dominating; after reaching 50.0% fibo, USDJPY is slowing down its growth.
16.09.2019
Fibonacci Retracements Analysis 16.09.2019 (GOLD, USDCHF)
XAUUSD is getting cheaper slowly; USDCHF may soon complete the uptrend.
13.09.2019
Fibonacci Retracements Analysis 13.09.2019 (BITCOIN, ETHEREUM)
Bitcoin continues trading inside Triangle; Ethereum is trying to start a pullback, but doesn’t seem to be strong enough for that.
12.09.2019
Fibonacci Retracements Analysis 12.09.2019 (AUDUSD, USDCAD)
AUDUSD continues the correctional uptrend, while USDCAD is correcting after finishing the descending wave.
11.09.2019
Fibonacci Retracements Analysis 11.09.2019 (GBPUSD, EURJPY)
Both GBPUSD and EURJPY are quickly correcting to the upside, thus indicating possible pullbacks in the future.
10.09.2019
Fibonacci Retracements Analysis 10.09.2019 (EURUSD, USDJPY)
After rebounding from the post-correctional extension area, EURUSD is correcting to the upside; USDJPY has reached the second important level within the correctional uptrend.