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.

09.01.2018

Fibonacci Retracements Analysis 09.01.2018 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the EUR/USD pair is being corrected to the downside after the divergence and has already reached the retracement of 38.2%.
08.01.2018

Fibonacci Retracements Analysis 08.01.2018 (GOLD, USD/CHF)

At the H4 chart, we can see the divergence, which started after the XAU/USD pair had reached the retracement of 76.0% at 1328.41.
04.01.2018

Fibonacci Retracements Analysis 04.01.2018 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair is trading upwards quite steadily.
03.01.2018

Fibonacci Retracements Analysis 03.01.2018 (GBP/USD, EUR/JPY)

At the H4 chart, the GBP/USD pair stopped consolidating and formed a new ascending impulse.
28.12.2017

Fibonacci Retracements Analysis 28.12.2017 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair is trading upwards; it has reached the retracement of 50.0% at 0.7812.
27.12.2017

Fibonacci Retracements Analysis 27.12.2017 (GBP/USD, EUR/JPY)

At the H4 chart, the GBP/USD pair is still consolidating.
26.12.2017

Fibonacci Retracements Analysis 26.12.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the EUR/USD pair is forming a new ascending impulse.
21.12.2017

Fibonacci Retracements Analysis 21.12.2017 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair formed the convergence, thus finishing the downtrend, and started a new ascending correction.