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.

10.03.2017

Fibonacci Retracements Analysis 10.03.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is once again testing the group of fibo-levels near the correctional retracement of 61.8%.
09.03.2017

Fibonacci Retracements Analysis 09.03.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the correctional retracement of 38.2% several times and resumed falling.
07.03.2017

Fibonacci Retracements Analysis 07.03.2017 (EUR/USD, EUR/GBP)

The EUR/GBP pair rebounded from the correctional retracement of 38.2%.
06.03.2017

Fibonacci Retracements Analysis 06.03.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the correctional retracement of 38.2% and several other levels close to it.
06.03.2017

Weekly Fibonacci Retracements Analysis 06.03.2017 (EUR/USD, EUR/GBP)

At the daily chat, the EUR/USD pair is still consolidating.
03.03.2017

Fibonacci Retracements Analysis 03.03.2017 (EUR/USD, EUR/GBP)

Bears failed to break the low on the first try.
02.03.2017

Fibonacci Retracements Analysis 02.03.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the correctional retracement of 61.8% twice, which means that the local ascending correction may continue.
01.03.2017

Fibonacci Retracements Analysis 01.03.2017 (EUR/USD, EUR/GBP)

The EUR/GBP pair rebounded from the retracement of 78.6% twice and, as a result, resumed moving upwards.