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.

21.01.2022

Fibonacci Retracements Analysis 21.01.2022 (AUDUSD, USDCAD)

AUDUSD is about to complete the correction and may soon test the low; in the case of USDCAD, the price is expected to continue falling after a slight pullback.
20.01.2022

Fibonacci Retracements Analysis 20.01.2022 (Brent, Dow Jones)

Brent has broken its previous high; in the case of the Dow Jones index, the price has been falling for the second consecutive week.
19.01.2022

Fibonacci Retracements Analysis 19.01.2022 (GBPUSD, EURJPY)

GBPUSD is forming the descending wave that may reach the low at 1.3160; in the case of EURJPY, the price is heading towards the low at 127.38.
18.01.2022

Fibonacci Retracements Analysis 18.01.2022 (EURUSD, USDJPY)

EURUSD is falling after completing the rising wave, while USDJPY may update its previous high.
17.01.2022

Fibonacci Retracements Analysis 17.01.2022 (GOLD, USDCHF)

XAUUSD is trying to grow and reach the mid-term 61.8% fibo, while USDCHF has tested the low at 0.9085.
14.01.2022

Fibonacci Retracements Analysis 14.01.2022 (AUDUSD, USDCAD)

AUDUSD is still correcting upwards, while USDCAD is forming a correction to the downside.
13.01.2022

Fibonacci Retracements Analysis 13.01.2022 (Brent, Dow Jones)

Brent is going to attack the high; in the case of the Dow Jones index, the price may resume falling after completing the pullback.
12.01.2022

Fibonacci Retracements Analysis 12.01.2022 (GBPUSD, EURJPY)

Both GBPUSD and EURJPY may correct before attacking their respective highs.