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.
06.08.2019
Fibonacci Retracements Analysis 06.08.2019 (EURUSD, USDJPY)
EURUSD skyrocketed, which may be the first reversal signal; USDJPY is being corrected to the upside, but may yet update its lows quite soon.
05.08.2019
Fibonacci Retracements Analysis 05.08.2019 (GOLD, USDCHF)
After completing the short-term correction, XAUUSD is skyrocketing towards 1510.00, while USDCHF is plummeting towards the low after the divergence.
02.08.2019
Fibonacci Retracements Analysis 02.08.2019 (BITCOIN, ETHEREUM)
Both Bitcoin and Ethereum are still forming their corrections.
01.08.2019
Fibonacci Retracements Analysis 01.08.2019 (AUDUSD, USDCAD)
AUDUSD is testing the support and may continue falling after breaking it, while USDCAD is about to complete the correction.
31.07.2019
Fibonacci Retracements Analysis 31.07.2019 (GBPUSD, EURJPY)
GBPUSD is moving towards its all-time low, while EURJPY has reached 76.0% fibo and formed the divergence.
30.07.2019
Fibonacci Retracements Analysis 30.07.2019 (EURUSD, USDJPY)
EURUSD is testing the low, while USDJPY is still forming the mid-term correction.
29.07.2019
Fibonacci Retracements Analysis 29.07.2019 (GOLD, USDCHF)
After breaking “Pennant” to the upside, XAUUSD is back to testing the broken area, while USDCHF is extending the correction by forming a new rising impulse.
26.07.2019
Fibonacci Retracements Analysis 26.07.2019 (Bitcoin, Ethereum)
The BTC and ETH have not yet formed signals of completing the correction phase.