EUR/USD
4 hour
The EUR/USD is moving sideways in between strong layers of support (green) and daily resistance (red). The current wave count favors one more bullish push to complete wave C (blue) of larger wave Y corrections.
1 hour
The EUR/USD bearish break could indicate that wave C (blue) is completed and a bullish break could indicate that wave C (blue) is still developing.
GBP/USD
4 hour
The GBP/USD break of the resistance could see the continuation of waves Y (pink, blue). A break below support levels (green) could indicate the continuation of the downtrend which would invalidate wave X (pink).
1 hour
The GBP/USD continued to build a triangle (green/orange) chart pattern. If price makes a bullish break above resistance (orange) then the Fibonacci levels of C (green) could turn out to be targets.
USD/JPY
4 hour
The USD/JPY continued with its strong bearish momentum towards lower Fibonacci targets.
1 hour
The USD/JPY completed a wave 4 (orange) at the 50% Fibonacci retracement level and seems to be building another bearish leg within wave 5 (orange).
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