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.


Fibonacci Retracements Analysis 31.01.2022 (GOLD, USDCHF)

XAUUSD started plummeting, while USDCHF is growing to break the high at 0.9374.

Fibonacci Retracements Analysis 28.01.2022 (AUDUSD, USDCAD)

AUDUSD is forming another descending wave towards the long-term 50.0% fibo at 0.6758; in the case of USDCAD, the current pullback is transforming into a new rising wave.

Fibonacci Retracements Analysis 27.01.2022 (Brent, Dow Jones)

Brent has tested the psychologically important level of $90 per barrel; in the case of the Dow Jones index, the price is falling to reach the long-term 23.6% fibo at 32526.0.

Fibonacci Retracements Analysis 26.01.2022 (GBPUSD, EURJPY)

The decline in GBPUSD has been replaced by a new pullback, which may later transform into a proper rising wave; in the case of EURJPY, the price is slowly heading towards the low at 127.38.

Fibonacci Retracements Analysis 25.01.2022 (EURUSD, USDJPY)

EURUSD is slowing down its decline, while USDJPY has started a new correction.

Fibonacci Retracements Analysis 24.01.2022 (GOLD, USDCHF)

XAUUSD is still growing to reach the mid-term 61.8% fibo at 1908.00, while USDCHF may re-test the low at 0.9085.

Fibonacci Retracements Analysis 21.01.2022 (AUDUSD, USDCAD)

AUDUSD is about to complete the correction and may soon test the low; in the case of USDCAD, the price is expected to continue falling after a slight pullback.

Fibonacci Retracements Analysis 20.01.2022 (Brent, Dow Jones)

Brent has broken its previous high; in the case of the Dow Jones index, the price has been falling for the second consecutive week.