EURUSD
The EURUSD had little volatility during the FOMC statement but there was a small bearish push through the support trend line (purple), which could be part of the end of wave 4 (purple) and start of wave 5 (purple).
4 hour EURUSD:
The 61.8% Fibonacci target (green) is the usual target for a wave 5 (purple).
60 min EURUSD:
GBPUSD
The GBPUSD has both resistance (orange long-term down trend line) and support (green monthly horizontal level) nearby.
4 hour GBPUSD:
Price is still above the support trend line (green) and it remains to be seen whether the wave 4 correction is indeed completed.
60 min GBPUSD:
USDJPY
The wedge is indicating indecision and a temporary balance between the US Dollar and Japanese Yen. A bearish break could mean a fall towards the wave 4 (magenta) target, whereas a bullish break could be capped by a potential turn for wave X (purple).
4 hour USDJPY:
The USDJPY could be in the last part (wave E orange) of a contracting wedge (green and red trend lines).
60 min USDJPY:
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