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.

04.04.2017

Fibonacci Retracements Analysis 04.04.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair continues moving downwards.
03.04.2017

Fibonacci Retracements Analysis 03.04.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair continues moving downwards.
30.03.2017

Fibonacci Retracements Analysis 30.03.2017 (EUR/USD, EUR/GBP)

After rebounding from the group of upside fibo-levels, the EUR/USD pair continued falling.
29.03.2017

Fibonacci Retracements Analysis 29.03.2017 (EUR/USD, EUR/GBP)

After rebounding from the group of local fibo-levels, the EUR/USD pair resumed falling.
28.03.2017

Fibonacci Retracements Analysis 28.03.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is still consolidating near the group of several local fibo-levels.
27.03.2017

Fibonacci Retracements Analysis 27.03.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair reached the group of local fibo-levels and right now is trading above the Friday’s high.
24.03.2017

Fibonacci Retracements Analysis 24.03.2017 (EUR/USD, EUR/GBP)

After finishing the local correction, the EUR/USD pair resumed moving upwards.
23.03.2017

Fibonacci Retracements Analysis 23.03.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is still moving upwards.