EUR
Comment: Trying to stabilise at the 50% retracement level and should dither here again today.
Strategy: Possibly attempt small longs at 1.4380; stop below 1.4195. Short term target 1.4550, then 1.4700.
EUR/JPY
Comment: Collapsing and re-testing key long term support. Expect some hesitation today and a move a lot lower later next month.
Strategy: Sell at 150.00, adding to 152.00; stop above 154.05. Short term target 149.00, then 147.50/147.00.
GBP
Comment: Trying to steady itself against 1.8000. Prices will probably hold very nervously roughly between 1.7800 and 1.8500 this week and maybe for the next three.
Strategy: Possibly attempt small longs at 1.8000; stop below 1.7900. Short term target 1.8200, maybe 1.8400.
JPY
Comment: Re-testing recent lows where a sustained break below 103.50 should really set things going South. Maybe not today, but look carefully at monthly and quarterly charts tomorrow morning, for important breaks.
Strategy: Sell at 104.40 but only if prepared to add to 105.50; stop above 107.10. Short term target 103.50, then 102.50.
