How to Use Fibonacci Retracement in Financial Trading Fibonacci retracement is a popular technical analysis tool used by traders to identify potential reversal levels in the financial markets. Named after the famous Italian mathematician Leonardo Fibonacci, this tool is based on the Fibonacci sequence, a series of numbers where each number is the

The EUR/USD exchange rate is one of the most closely watched indicators in the global financial markets, as it represents the value of the euro against the U.S. dollar. A theoretical scenario where the exchange rate reaches 15 EUR/USD would have profound implications for global trade, investment, and economic stability. At a rate of 15 EUR/USD, th