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.

27.04.2017

Fibonacci Retracements Analysis 27.04.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair may test the group of fibo-levels at 1.0955 once again.
26.04.2017

Fibonacci Retracements Analysis 26.04.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the group of local fibo-levels, which means that the price may start a new descending correction.
25.04.2017

Fibonacci Retracements Analysis 25.04.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is still consolidating.
24.04.2017

Fibonacci Retracements Analysis 24.04.2017 (EUR/USD, EUR/GBP)

The market was opened with a gap up; the EUR/USD pair made a quick move upwards and reached the group of fibo-levels at 1.0900.
21.04.2017

Fibonacci Retracements Analysis 21.04.2017 (EUR/USD, EUR/GBP)

After rebounding from the retracement of 61.8%, the EUR/USD pair resumed falling.
20.04.2017

Fibonacci Retracements Analysis 20.04.2017 (EUR/USD, EUR/GBP)

In case of the EUR/USD pair, the ascending correction continues.
19.04.2017

Fibonacci Retracements Analysis 19.04.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the correctional retracement of 50%, which means that the market may start a new descending correction.
18.04.2017

Fibonacci Retracements Analysis 18.04.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is still being corrected to the upside.