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.

10.05.2017

Fibonacci Retracements Analysis 10.05.2017 (EUR/USD, EUR/GBP)

The EUR/GBP pair failed to stay above the local target area at 0.8490, so right now it is falling.
09.05.2017

Fibonacci Retracements Analysis 09.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the group of upside fibo-levels and started a new descending correction.
05.05.2017

Fibonacci Retracements Analysis 05.05.2017 (EUR/USD, EUR/GBP)

Yesterday, the EUR/USD pair broke the group of target fibo-levels, which means that it may continue moving upwards.
04.05.2017

Fibonacci Retracements Analysis 04.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the group of upside fibo-levels twice and started a new descending correction.
03.05.2017

Fibonacci Retracements Analysis 03.05.2017 (EUR/USD, EUR/GBP)

Possibly, the EUR/USD pair is testing the closest group of fibo-levels again.
02.05.2017

Fibonacci Retracements Analysis 02.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the group of upside fibo-levels twice and may start a new descending correction.
01.05.2017

Fibonacci Retracements Analysis 01.05.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the group of upside fibo-levels, which means that the price may start a new descending correction.
28.04.2017

Fibonacci Retracements Analysis 28.04.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is testing the group of fibo-levels at 1.0950 once again.