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.

01.06.2017

Fibonacci Retracements Analysis 01.06.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is testing the group of fibo-levels at 1.1240 – 1.1220.
31.05.2017

Fibonacci Retracements Analysis 31.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the group of local fibo-levels at 1.1130.
30.05.2017

Fibonacci Retracements Analysis 30.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is testing the group of local fibo-levels at 1.1130.
29.05.2017

Fibonacci Retracements Analysis 29.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair fixed below the group of upside fibo-levels, which means that it may start a new descending correction.
26.05.2017

Fibonacci Retracements Analysis 26.05.2017 (EUR/USD, EUR/GBP)

Eventually, the pair has not managed to hold above the Fibo-levels achieved earlier.
25.05.2017

Fibonacci Retracements Analysis 25.05.2017 (EUR/USD, EUR/GBP)

It is not improbable that the pair tests a group of Fibo-levels near 1.1350.
24.05.2017

Fibonacci Retracements Analysis 24.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the upper group of Fibo-levels and triggered a bearish correction.
23.05.2017

Fibonacci Retracements Analysis 23.05.2017 (EUR/USD, EUR/GBP)

The pair is returning under the group of Fibo-levels near 1.1230 - 1.1210.