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.

25.10.2017

Fibonacci Retracements Analysis 25.10.2017 (GOLD, USD/CHF)

At the H4 chart, the XAU/USD pair is forming a new descending impulse, which has already corrected the previous uptrend by 76.0%.
24.10.2017

Fibonacci Retracements Analysis 24.10.2017 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair is forming a new descending impulse inside the mid-term correctional downtrend.
23.10.2017

Fibonacci Retracements Analysis 23.10.2017 (GBP/USD, EUR/JPY)

As we can see at the H4 chart, the EUR/JPY pair is still moving sideways and may soon break the current high at 134.37.
20.10.2017

Fibonacci Retracements Analysis 20.10.2017 (EUR/USD, USD/JPY)

As we can see at the daily chart, the EUR/USD pair is still being corrected to the downside.
19.10.2017

Fibonacci Retracements Analysis 19.10.2017 (GOLD, USD/CHF)

As we can see at the H4 chart, after being corrected by 50.0%, the XAU/USD pair started forming a new descending impulse.
18.10.2017

Fibonacci Retracements Analysis 18.10.2017 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair is forming the mid-term descending correction, which has already reached the retracement of 50.0%.
17.10.2017

Fibonacci Retracements Analysis 17.10.2017 (GBP/USD, EUR/JPY)

As we can see at the H4 chart, the GBP/USD pair is being corrected to the upside.
16.10.2017

Fibonacci Retracements Analysis 16.10.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the previous descending impulse has been corrected by 50.0%.