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.

08.11.2017

Fibonacci Retracements Analysis 08.11.2017 (GBP/USD, EUR/JPY)

At the H1 chart, the EUR/JPY pair is forming a new descending impulse.
07.11.2017

Fibonacci Retracements Analysis 07.11.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, after the divergence, the USD/JPY pair has started a new correction, which has already reached the retracement of 23.6%.
06.11.2017

Fibonacci Retracements Analysis 06.11.2017 (GOLD, USD/CHF)

At the H4 chart, the uptrend continues.
02.11.2017

Fibonacci Retracements Analysis 02.11.2017 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair is being corrected to the upside and has already reached the retracement of 38.2%.
01.11.2017

Fibonacci Retracements Analysis 01.11.2017 (GBP/USD, EUR/JPY)

As we can see at the H4 chart, the mid-term correction to the downside continues.
31.10.2017

Fibonacci Retracements Analysis 31.10.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the EUR/USD pair is still being corrected to the downside.
30.10.2017

Fibonacci Retracements Analysis 30.10.2017 (GOLD, USD/CHF)

At the H4 chart, the downtrend continues.
26.10.2017

Fibonacci Retracements Analysis 26.10.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the EUR/USD pair is still being corrected.