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. Fluctuations in the prices of certain assets often repeat the Fibonacci sequence. As a result, they may have some additional information on possible direction of the currency market movement in the future.

Fibonacci analysis is a popular and useful tool for a trader, it works well for both long and short timeframes. This page presents Fibonacci analysis from RoboForex experts that will help you invest more wisely. To make trading even more efficient, combine Fibonacci analysis with other technical analysis tools such as Ichimoku indicators and Japanese candlesticks.

26.08.2020

Fibonacci Retracements Analysis 26.08.2020 (GBPUSD, EURJPY)

After reaching their respective upside targets, both GBPUSD and EURJPY are about to correct.
25.08.2020

Fibonacci Retracements Analysis 25.08.2020 (EURUSD, USDJPY)

EURUSD is still trading not far from 61.8% fibo, while USDJPY has completed the correction to the downside and is trying to start another rising impulse.
24.08.2020

Japanese Candlesticks Analysis 24.08.2020 (GOLD, NZDUSD, GBPUSD)

GOLD is finishing the correction within the rising tendency; NZDUSD is rebounding from the channel’s downside border, while GBPUSD is still correcting within the uptrend.
13.08.2020

Fibonacci Retracements Analysis 13.08.2020 (AUDUSD, USDCAD)

AUDUSD continues testing the area around 61.8% fibo, while USDCAD is still trading downwards after breaking the low at 1.3315.
12.08.2020

Fibonacci Retracements Analysis 12.08.2020 (GBPUSD, EURJPY)

GBPUSD is about to correct towards the previous high, while EURJPY intends to break 50.0% fibo.
11.08.2020

Fibonacci Retracements Analysis 11.08.2020 (EURUSD, USDJPY)

EURUSD is correcting after reaching 61.8% fibo, while USDJPY is trying to start another rising impulse.
10.08.2020

Fibonacci Retracements Analysis 10.08.2020 (GOLD, USDCHF)

XAUUSD has reversed from rising to falling, while the downtrend in USDCHF has stopped at the long-term 38.2% fibo.
06.08.2020

Fibonacci Retracements Analysis 06.08.2020 (AUDUSD, USDCAD)

AUDUSD continues testing the area around 61.8% fibo, while USDCAD is still trading downwards after breaking the low at 1.3315.