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.

06.12.2017

Fibonacci Retracements Analysis 06.12.2017 (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 38.2%.
05.12.2017

Fibonacci Retracements Analysis 05.12.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the divergence was followed by a short-term correction, which has already reached the retracement of 38.2%.
04.12.2017

Fibonacci Retracements Analysis 04.12.2017 (GOLD, USD/CHF)

As we can see at the H4 chart, after a slight divergence, the XAU/USD pair has started falling towards the low at 1260.42.
30.11.2017

Fibonacci Retracements Analysis 30.11.2017 (AUD/USD, USD/CAD)

As we can see at the H4 chart, the price is forming the ascending impulse.
29.11.2017

Fibonacci Retracements Analysis 29.11.2017 (GBP/USD, EUR/JPY)

As we can see at the H4 chart, after being corrected to the downside by 50.0%, the GBP/USD pair has formed a new ascending impulse.
28.11.2017

Fibonacci Retracements Analysis 28.11.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the EUR/USD pair has already been corrected to the upside by 76.0%.
27.11.2017

Fibonacci Retracements Analysis 27.11.2017 (GOLD, USD/CHF)

As we can see at the H4 chart, the XAU/USD pair is still forming a mid-term correction with the targets at the retracements of 50.0% and 61.8% at 1308.60 and 1320.20 respectively.
23.11.2017

Fibonacci Retracements Analysis 23.11.2017 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair is moving downwards and has already reached the retracement of 76.0%.