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.

03.04.2020

Fibonacci Retracements Analysis 03.04.2020 (BITCOIN, ETHEREUM)

Both Bitcoin and Ethereum are correcting very slowly.
02.04.2020

Fibonacci Retracements Analysis 02.04.2020 (AUDUSD, USDCAD)

AUDUSD has got very close to 61.8% fibo, while USDCAD is forming a descending channel.
01.04.2020

Fibonacci Retracements Analysis 01.04.2020 (GBPUSD, EURJPY)

GBPUSD has corrected the previous decline, while EURJPY has failed to break the resistance close to its highs.
31.03.2020

Fibonacci Retracements Analysis 31.03.2020 (EURUSD, USDJPY)

EURUSD is trying to reverse a long-term trend but doesn’t seem to be strong enough, while USDJPY is correcting before attacking the high.
30.03.2020

Fibonacci Retracements Analysis 30.03.2020 (GOLD, USDCHF)

After finishing the descending wave, XAUUSD has started a strong rising impulse; in the case of USDCHF, the instrument is about to complete the pullback and start a new impulse to the upside.
27.03.2020

Fibonacci Retracements Analysis 27.03.2020 (BITCOIN, ETHEREUM)

Both Bitcoin and Ethereum are still correcting.
26.03.2020

Fibonacci Retracements Analysis 26.03.2020 (AUDUSD, USDCAD)

AUDUSD is correcting the previous descending impulse and preparing for a new one, while USDCAD has corrected the rising wave by 23.6%.
26.03.2020

Fibonacci Retracements Analysis 26.03.2020 (AUDUSD, USDCAD)

AUDUSD is correcting the previous descending impulse and preparing for a new one, while USDCAD has corrected the rising wave by 23.6%.