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.

22.05.2017

Fibonacci Retracements Analysis 22.05.2017 (EUR/USD, EUR/GBP)

The pair has reached the target group of Fibo-levels near 1.1230 - 1.1210.
19.05.2017

Fibonacci Retracements Analysis 19.05.2017 (EUR/USD, EUR/GBP)

The market has hit a new high. The nearest target for the bulls is a group of Fibo-levels near 1.1230 - 1.1210.
18.05.2017

Fibonacci Retracements Analysis 18.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair has rebounded from the Fibo-levels near 1.1130 and this suggests a start of a descending correction.
17.05.2017

Fibonacci Retracements Analysis 17.05.2017 (EUR/USD, EUR/GBP)

After the pair rebounded from 38.2% mark it resumed rising, and at the moment we can see the price trying to reach a group of Fibo-levels at 1.1130.
16.05.2017

Fibonacci Retracements Analysis 16.05.2017 (EUR/USD)

The EUR/USD currency pair has broken the high and this triggered another ascending impulse.
15.05.2017

Fibonacci Retracements Analysis 15.05.2017 (EUR/USD)

It seems that in the coming hours we can see another test of the upper Fido-levels.
12.05.2017

Fibonacci Retracements Analysis 12.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the group of upside fibo-levels and started a new descending correction.
11.05.2017

Fibonacci Retracements Analysis 11.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the group of upside fibo-levels and started a new descending correction.