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.

13.06.2017

Fibonacci Retracements Analysis 13.06.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the group of fibo-levels at 1.1230 – 1.1210 again.
12.06.2017

Fibonacci Retracements Analysis 12.06.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is testing the group of fibo-levels at 1.1230 – 1.1210 again.
09.06.2017

Fibonacci Retracements Analysis 09.06.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair broke the group of fibo-levels at 1.1230 – 1.1210, which means that it may continue the descending correction.
08.06.2017

Fibonacci Retracements Analysis 08.06.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded again from the group of fibo-levels at 1.1230 – 1.1210, which means that it may resume growing.
07.06.2017

Fibonacci Retracements Analysis 07.06.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is still consolidating above 1.1230, which means that it may continue growing towards the next target area at 1.1350 – 1.1320.
06.06.2017

Fibonacci Retracements Analysis 06.06.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is again trading above 1.1230, which means that it may continue growing towards the next target area at 1.1350 – 1.1320.
05.06.2017

Fibonacci Retracements Analysis 05.06.2017 (EUR/USD, EUR/GBP)

After breaking the group of fibo-levels at 1.1230, the EUR/USD pair started consolidating.
02.06.2017

Fibonacci Retracements Analysis 02.06.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is still trading close to the group of fibo-levels at 1.1240 – 1.1220.