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.
Both instruments have completed their corrections; right now, AUDUSD and USDCAD are quickly falling to update their yearly lows.
Both instruments are heading to update their key lows, but GBPUSD is falling faster than EURJPY.
EURUSD is about to complete the pullback and start a new rising impulse, while USDJPY is trying to break through the long sideways channel.
After updating the high, XAUUSD may start a new correction, but the uptrend may continue as well, while USDCHF is finishing the correction before a new descending wave.
In case of Bitcoin and Ethereum, corrections continue, but both instruments are trying to resume growing.
AUDUSD is forming a new descending tendency, but it has failed to break the low yet; USDCAD is forming a rising correction before a new descending impulse.
Both instruments are about to complete their corrections, but the time when they may break their lows remains questionable.
Both instruments are being corrected: EURUSD is steadily trading upwards, while USDJPY is moving inside a narrow range.