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.

18.08.2017

Fibonacci Retracements Analysis 18.08.2017 (GOLD, USD/CHF)

As we can see at the H4 chart, after being corrected to the downside by 50%, Gold is trying to resume the uptrend.
17.08.2017

Fibonacci Retracements Analysis 17.08.2017 (AUD/USD, USD/CAD)

At the H4 chart, we can see that the AUD/USD pair has been corrected to the downside by 50.0%.
16.08.2017

Fibonacci Retracements Analysis 16.08.2017 (GBP/USD, EUR/JPY)

As we can see at the H4 chart, the descending correction has reached the retracement of 61.8%.
15.08.2017

Fibonacci Retracements Analysis 15.08.2017 (EUR/USD, USD/JPY)

As we can see at the H4 chart, the EUR/USD pair is still being corrected to the downside.
14.08.2017

Fibonacci Retracements Analysis 14.08.2017 (GOLD, USD/CHF)

As we can see at the H4 chart, the USD/CHF has been corrected by 50%.
11.08.2017

Fibonacci Retracements Analysis 11.08.2017 (AUD/USD, USD/CAD)

As we can see at the H4 chart, the AUD/USD pair is still being corrected to the downside after finishing the ascending impulse.
10.08.2017

Fibonacci Retracements Analysis 10.08.2017 (GBP/USD, EUR/JPY)

As we can see at the H4 chart, the previous ascending impulse has been corrected by 38.2%.
09.08.2017

Fibonacci Retracements Analysis 09.08.2017 (EUR/USD, USD/JPY)

At the H4 chart, the EUR/USD pair is being corrected to the downside by 23.6%, which means that the tendency may reverse.