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.

08.08.2017

Fibonacci Retracements Analysis 08.08.2017 (GOLD, USD/CHF)

As we can see at the H4 chart, Gold formed the divergence and then started a new descending correction or maybe even a reverse.
07.08.2017

Fibonacci Retracements Analysis 07.08.2017 (AUD/USD, USD/CAD)

As we can see at the H4 chart, the AUD/USD pair completed the divergence and started the descending correction, which almost reached the retracement of 38.2% at 0.7880.
04.08.2017

Fibonacci Retracements Analysis 04.08.2017 (GBP/USD, EUR/JPY)

At the H4 chart, after reaching its upside target areas, the GBP/USD pair started forming a pre-reversal or pre-correctional divergence.
03.08.2017

Fibonacci Retracements Analysis 03.08.2017 (EUR/USD, USD/JPY)

At the H4 chart, the EUR/USD pair is trading to the upside steadily, but seems to be forming the divergence as well.
02.08.2017

Fibonacci Retracements Analysis 02.08.2017 (GOLD, USD/CHF)

As we can see at the H4 chart, Gold is forming the divergence, which means that it may reverse or start a new correction.
01.08.2017

Fibonacci Retracements Analysis 01.08.2017 (AUD/USD, USD/CAD)

As we can see at the H4 chart, the uptrend continues, but the AUD/USD pair made a short pause in the form of the flat pattern.
31.07.2017

Fibonacci Retracements Analysis 31.07.2017 (GBP/USD, EUR/JPY)

At the H4 chart, the GBP/USD pair is forming a pre-reversal divergence, but may yet move upwards a bit in the short-term.
28.07.2017

Fibonacci Retracement Analysis 28.07.2017 (EUR/USD, USD/JPY)

On the H4-chart of EUR/USD we see a divergence being formed, but the current uptrend can be extended also.