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.

22.11.2017

Fibonacci Retracements Analysis 22.11.2017 (GBP/USD, EUR/JPY)

As we can see at the H4 chart, the EUR/JPY pair is forming a descending impulse with the targets inside the post-correctional extension area between the retracements of 138.2% and 161.8% at 130.45 and 129.87 respectively.
21.11.2017

Fibonacci Retracements Analysis 21.11.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the USD/JPY pair has started a new correction to the downside, which has already reached the retracement of 38.2%.
20.11.2017

Fibonacci Retracements Analysis 20.11.2017 (GOLD, USD/CHF)

At the H4 chart, the local correction continues.
16.11.2017

Fibonacci Retracements Analysis 16.11.2017 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair is moving downwards.
15.11.2017

Fibonacci Retracements Analysis 15.11.2017 (GBP/USD, EUR/JPY)

As we can see at the H4 chart, the GBP/USD pair is still being corrected inside the mid-term flat and has already reached the retracement of 50.0%.
14.11.2017

Fibonacci Retracements Analysis 14.11.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the USD/JPY pair has started a new correction, which has already reached the retracement of 50.0%.
13.11.2017

Fibonacci Retracements Analysis 13.11.2017 (GOLD, USD/CHF)

At the H4 chart, the uptrend continues, but right now the USD/CHF pair is forming a short-term correction to the downside, which has already reached the retracement of 38.2%.
09.11.2017

Fibonacci Retracements Analysis 09.11.2017 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair is still being corrected to the upside and has already reached the retracement of 38.2%.