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.

27.07.2017

Fibonacci Retracement Analysis 27.07.2017 (GOLD, USD/CHF)

On the H4-chart of GOLD we can see that the uptrend is being developed and a pre-reversal divergence is being built.
26.07.2017

Fibonacci Retracement Analysis 26.07.2017 (AUD/USD, USD/CAD)

On the H4-chart of AUD/USD pair the uptrend continues.
25.07.2017

Fibonacci Retracement Analysis 25.07.2017 (GBP/USD, EUR/JPY)

The GBP/USD H4-chart points to possible continuation of the uptrend.
24.07.2017

Fibonacci Retracements Analysis 24.07.2017 (EUR/USD, USD/JPY)

The EUR/USD pair has completed a rise towards the intermediate elongation Fibo level 261.8% (1.1685).
21.07.2017

Fibonacci Retracements Analysis 21.07.2017 (GOLD, USD/CHF)

The H4-chart of GOLD shows that the upward movement continues. The nearest target is Fibo 50.0% (1251.21).
20.07.2017

Fibonacci Rentracements Analysis 20.07.2017 (AUD/USD, USD/CAD)

The H4-chart of AUD/USD shows continuation of the current uptrend.
19.07.2017

Fibonacci Retracements Analysis 19.07.2017 (GBP/USD, EUR/JPY)

The H4-chart of GBP/USD suggests a reversal pattern - divergence.
18.07.2017

Fibonacci Retracements Analysis 18.07.2017 (EUR/USD, USD/JPY)

On the H4 chart the EUR/USD keeps rising towards the Fibo 261.8% level which is an important elongation level after a short-term downside correction.