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.

19.02.2020

Fibonacci Retracements Analysis 19.02.2020 (GBPUSD, EURJPY)

GBPUSD is in a short-term correctional phase, after which a new wave of decline is to be expected. The downtrend of EURJPY has reached 61.8% Fibo and keeps developing.
18.02.2020

Fibonacci Retracements Analysis 18.02.2020 (EURUSD, USDJPY)

EURUSD is trying to fix below its long-term low, while USDJPY is about to resume falling after testing the highs.
17.02.2020

Fibonacci Retracements Analysis 17.02.2020 (GOLD, USDCHF)

In the case of XAUUSD, the correction is transforming into a Triangle pattern; as for USDCHF, a new ascending impulse has reached 50.0% fibo.
13.02.2020

Fibonacci Retracements Analysis 13.02.2020 (AUDUSD, USDCAD)

After testing the low, AUDUSD is correcting upwards; in the case of USDCAD, the uptrend has transformed into a pullback.
12.02.2020

Fibonacci Retracements Analysis 12.02.2020 (GBPUSD, EURJPY)

GBPUSD continues falling slowly, while EURJPY is trying to form another descending impulse.
11.02.2020

Fibonacci Retracements Analysis 11.02.2020 (EURUSD, USDJPY)

EURUSD is heading to break the long-term low, while USDJPY is “hanging around” its highs.
10.02.2020

Fibonacci Retracements Analysis 10.02.2020 (GOLD, USDCHF)

XAUUSD may soon complete the correctional uptrend and is later expected to start a new decline; USDCHF is forming a new ascending impulse, which has already updated the high and may yet continue.
06.02.2020

Fibonacci Retracements Analysis 06.02.2020 (AUDUSD, USDCAD)

After rebounding from the low, AUDUSD is correcting upwards; in case of USDCAD, the correctional uptrend is transforming into a proper rising wave.