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.
03.07.2019
Fibonacci Retracements Analysis 03.07.2019 (GBPUSD, EURJPY)
GBPUSD is trading towards the lows, but the correction may yet continue, while EURJPY is falling after finishing the correction.
02.07.2019
Fibonacci Retracements Analysis 02.07.2019 (EURUSD, USDJPY)
EURUSD may update its short-term highs during the mid-term correction, while USDJPY continues the correctional uptrend without having eliminated the gap.
01.07.2019
Fibonacci Retracements Analysis 01.07.2019 (GOLD, USDCHF)
XAUUSD is getting cheaper, but it’s not for long; USDCHF is trading upwards after reaching 50.0% fibo.
28.06.2019
Fibonacci Retracements Analysis 28.06.2019 (BITCOIN, ETHEREUM)
Both Bitcoin and Ethereum made a sharp 180-degree turn and may move downwards in the nearest future.
27.06.2019
Fibonacci Retracements Analysis 27.06.2019 (AUDUSD, USDCAD)
AUDUSD is about to start a new descending wave to update the low, while USDCAD is quickly falling before a new pullback.
26.06.2019
Fibonacci Retracements Analysis 26.06.2019 (GBPUSD, EURJPY)
GBPUSD is trading downwards before a new rising impulse, while EURJPY is trying to extend the correction.
25.06.2019
Fibonacci Retracements Analysis 25.06.2019 (EURUSD, USDJPY)
EURUSD is about to complete the correctional trend, while USDJPY is steadily trading downwards, but may start a new pullback soon.
24.06.2019
Fibonacci Retracements Analysis 24.06.2019 (GOLD, USDCHF)
XAUUSD has almost reached the long-term resistance and may reverse quite soon, while USDCHF is steadily trading downwards.