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 06.01.2022 (Brent, Dow Jones)

After testing 76.0% fibo, Brent is about to resume falling; in the case of the Dow Jones index, the price is moving downwards after divergence on MACD

Fibonacci Retracements Analysis 05.01.2022 (GBPUSD, EURJPY)

Both GBPUSD and EURJPY are still forming their respective corrections but they may be over soon.

Fibonacci Retracements Analysis 04.01.2022 (EURUSD, USDJPY)

EURUSD continues consolidating, while USDJPY is still growing after breaking the high.

Fibonacci Retracements Analysis 30.12.2021 (Brent, Dow Jones)

Brent has improved over the last week but there are signs in favour of potential decline; in the case of the Dow Jones index, the price has tested the high.

Fibonacci Retracements Analysis 29.12.2021 (GBPUSD, EURJPY)

Both GBPUSD and EURJPY are about to complete their respective corrections soon and may start new declines to test their lows.

Fibonacci Retracements Analysis 28.12.2021 (EURUSD, USDJPY)

EURUSD still is consolidating, while USDJPY is growing towards the high after finishing the descending wave.

Fibonacci Retracements Analysis 27.12.2021 (GOLD, USDCHF)

XAUUSD is starting a new growth after completing the correctional downtrend towards the support; in the case of USDCHF, the price is still moving sideways.

Fibonacci Retracements Analysis 24.12.2021 (AUDUSD, USDCAD)

After rebounding from 38.2% fibo, AUDUSD is moving upwards, but that’s just a correction; in the case of USDCAD, the price is correcting after testing the high.