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.
XAUUSD is about to start a new correctional wave to the downside, while USDCHF is trying to move upwards after updating its previous low.
AUDUSD has completed the correction and may resume trading upwards; in the case of USDCAD, the price is still consolidating.
After updating the high, Brent is falling; in the case of the Dow Jones index, the price may start the second correctional wave to the downside.
GBPUSD is correcting downwards after updating the local high, while EURJPY is falling before another attempt to reach the high at 137.50.
After testing the support, EURUSD is trying to reach the high again; in the case of USDJPY, the price is falling after a divergence on MACD
XAUUSD is correcting after a divergence on MACD, while USDCHF is slowly forming a correction to the upside.
AUDUSD is forming a new rising wave after a divergence on MACD, while USDCAD may resume growing after updating the low.
After updating its long-term high, Brent continues growing; in the case of the Dow Jones index, the price is approaching the high at 35102.0 but rebound from it.