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.

20.12.2017

Fibonacci Retracements Analysis 20.12.2017 (GBP/USD, EUR/JPY)

At the H4 chart, the downtrend continues. The GBP/USD pair has already reached the retracement of 50.0% and may continue falling towards the one of 61.8% at 1.3235.
19.12.2017

Fibonacci Retracements Analysis 19.12.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the USD/JPY pair is about to finish the descending correction after reaching the retracement of 61.8%.
18.12.2017

Fibonacci Retracements Analysis 18.12.2017 (GOLD, USD/CHF)

As we can see at the H4 chart, the previous short-term ascending impulse has been corrected by 50.0%.
14.12.2017

Fibonacci Retracements Analysis 14.12.2017 (AUD/USD, USD/CAD)

At the H4 chart, after reaching the psychologically-crucial level at 0.7500, the AUD/USD pair formed the convergence and started a new ascending correction or maybe even a reverse.
13.12.2017

Fibonacci Retracements Analysis 13.12.2017 (GBP/USD, EUR/JPY)

As we can see at the H4 chart, the GBP/USD pair is being corrected to the downside and has already reached the retracement of 50.0%.
12.12.2017

Fibonacci Retracements Analysis 12.12.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the descending correction has already reached the retracement of 50.0%.
11.12.2017

Fibonacci Retracements Analysis 11.12.2017 (GOLD, USD/CHF)

At the H4 chart, the downtrend was finished after the convergence and the USD/CHF pair started the correction, which has already reached the retracement of 76.0%.
07.12.2017

Fibonacci Retracements Analysis 07.12.2017 (AUD/USD, USD/CAD)

As we can see at the H4 chart, the AUD/USD pair is finishing the ascending correction and may start a new descending impulse soon.