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. As a result, they may have some additional information on possible direction of the currency market movement in the future.

28.02.2017

Fibonacci Retracements Analysis 28.02.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the correctional retracement of 61.8% twice and, as a result, started consolidating.
27.02.2017

Fibonacci Retracements Analysis 27.02.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair rebounded from the correctional retracement of 61.8%.
24.02.2017

Fibonacci Retracements Analysis 24.02.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is trying to rebound from the correctional retracement of 50%.
23.02.2017

Fibonacci Retracements Analysis 23.02.2017 (EUR/USD, EUR/GBP)

The EUR/USD pair is being corrected to the upside.
22.02.2017

Fibonacci Retracements Analysis 22.02.2017 (EUR/USD, EUR/GBP)

Yesterday, the EUR/USD pair reached a new low, which means that it may continue falling.
21.02.2017

Fibonacci Retracements Analysis 21.02.2017 (EUR/USD, EUR/GBP)

In case of the EUR/USD pair, the ascending correction continues.
20.02.2017

Fibonacci Retracements Analysis 20.02.2017 (EUR/USD, EUR/GBP)

In case of the EUR/USD pair, the current ascending correction may yet continue and test the retracement of 50% and 1.0672 once again.
17.02.2017

Fibonacci Retracements Analysis 17.02.2017 (EUR/USD, EUR/GBP)

After rebounding from the group of downside fibo-levels, the EUR/USD pair started the current correction.