EUR/USD1.0842+0.12%GBP/USD1.2715-0.08%USD/JPY156.42+0.21%XAU/USD2,341.50+0.45%BTC/USD67,920+1.82%S&P 5005,287+0.34%NASDAQ18,162+0.51%DOW39,420-0.11%WTI Oil78.20+0.92%USD/INR83.42-0.04%EUR/USD1.0842+0.12%GBP/USD1.2715-0.08%USD/JPY156.42+0.21%XAU/USD2,341.50+0.45%BTC/USD67,920+1.82%S&P 5005,287+0.34%NASDAQ18,162+0.51%DOW39,420-0.11%WTI Oil78.20+0.92%USD/INR83.42-0.04%
Definition

Fibonacci Retracement

A technical tool using horizontal lines at key Fibonacci ratios (23.6%, 38.2%, 50%, 61.8%, 78.6%) to identify potential support and resistance.