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.

21.09.2017

Fibonacci Retracements Analysis 21.09.2017 (GOLD, USD/CHF)

At the H4 chart of the XAU/USD pair, the price is still moving to the downside.
20.09.2017

Fibonacci Retracements Analysis 20.09.2017 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair is forming another ascending impulse.
19.09.2017

Fibonacci Retracements Analysis 19.09.2017 (GBP/USD, EUR/JPY)

As we can see at the H4 chart, the GBP/USD pair has finished the ascending impulse towards the post-correctional extension area between the retracements of 138.2% and 161.8%.
18.09.2017

Fibonacci Retracements Analysis 18.09.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the EUR/USD pair is still being corrected to the downside.
15.09.2017

Fibonacci Retracements Analysis 15.09.2017 (GOLD, USD/CHF)

At the H4 chart of the XAU/USD pair, the price is being corrected to downside.
14.09.2017

Fibonacci Retracements Analysis 14.09.2017 (AUD/USD, USD/CAD)

At the H4 chart, the AUD/USD pair is being corrected to the downside.
13.09.2017

Fibonacci Retracements Analysis 13.09.2017 (GBP/USD, EUR/JPY)

At the H4 chart, the GBP/USD pair is forming the ascending impulse to reach a new high.
12.09.2017

Fibonacci Retracements Analysis 12.09.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the EUR/USD pair has formed two ascending impulses along with corrections, and this structure means that the impulses along with the corrections are the parts of another bigger impulse.