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Now, UNSW Honorary Professor Norman Wildberger has revealed a new approach using novel number sequences, outlined in a recent publication with computer scientist Dr. Dean Rubine. "Our solution ...
Although the Fibonacci series and the seem unrelated, they are not; the ratio of the “n+1” Fibonacci number to the “nth” Fibonacci number approaches ... at every point between A and B and use as small ...
Using practical examples like EURUSD and oil, I’ll show you how to apply Fibonacci levels effectively—whether you’re a day trader or focusing on medium-term trends. EUR/USD continues to ...
Here’s how it works. The Fibonacci sequence is a famous mathematical sequence where each number is the sum of the two preceding ones. People claim there are many special properties about the ...
The number sequence had been in use in India since 200 B.C., however, and Indian mathematician Acarya Virahanka further developed the sequence around 600 A.D. The Fibonacci number sequence is the ...
The formula resulting from this problem is Fₙ = Fₙ₋₁ + Fₙ₋₂, Fₙ being the nth Fibonacci ... by a factor of 1.618 per iteration. This number is the golden ratio, the irrational number you get when ...
Fibonacci retracement levels are a strategy that some traders use to analyze a stock’s resistance levels. You can use many different retracement levels but one of the most common is 61.8%.
The Fibonacci sequence is honored on November 23 every year, and its effect may still be seen in math and technology today. The pattern is the calculation of the two numbers that came before it ...