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.
In case of GBPUSD, there is a divergence on MACD, which indicates a new decline soon; EURJPY is about to start a new rising impulse to reach its highs.
After completing a steady rising impulse, EURUSD is forming a quick correction, which may later be followed by a further growth; USDJPY has stopped falling at 23.6% fibo.
After falling and testing 38.2% fibo, XAUUSD is still correcting; USDCHF has rebounded from after its previous highs and right now is heading downwards again.
Both Bitcoin and Ethereum are forming short-term corrections, which may later be followed by further decline towards their key lows.
The convergence made AUDUSD complete its decline and start a new rising wave to reach the high, while USDCAD plunged after two weeks of moving sideways.
GBPUSD is trying to break the sideways channel to the upside, while EURJPY is about to start a new rising impulse to reach its highs.
EURUSD is steadily trading upwards to update the high, while USDJPY is about to reverse after the divergence.
After falling and reaching 38.2% fibo, XAUUSD is correcting again; USDCHF is heading towards the high where it may later start a short-term pullback.