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.

25.01.2017

Fibonacci Retracements Analysis 25.01.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is still being corrected.
24.01.2017

Fibonacci Retracements Analysis 24.01.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair from one of the local fibo-levels and started a new correction.
23.01.2017

Fibonacci Retracements Analysis 23.01.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair reached a new local high, which means that it may continue growing towards the group of fibo-levels at the correctional retracement of 50%.
20.01.2017

Fibonacci Retracements Analysis 20.01.2017 (EUR/USD, EUR/GBP)

After rebounding from the correctional retracement of 38.2%, the EUR/USD pair started a new local correction; the target is the closest group of fibo-levels at 1.0580 – 1.0560.
19.01.2017

Fibonacci Retracements Analysis 19.01.2017 (EUR/USD, EUR/GBP)

The EUR/GBP pair is still moving close to the ascending channel’s downside border.
18.01.2017

Fibonacci Retracements Analysis 18.01.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is still being corrected. The price reached the retracement of 38.2% and may start a short-term growth.
17.01.2017

Fibonacci Retracements Analysis 17.01.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is again testing the group of fibo-levels near the retracement of 61.8% at 1.0670.
16.01.2017

Fibonacci Retracements Analysis 16.01.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the group of upside fibo-levels twice and started a new decline.