EUR/USD
4 hour
The EUR/USD completed one more bullish push as expected within wave B (blue) before building a bearish turn and breaking below support (dotted green). Price is now in a potential wave C (blue) of a larger daily/weekly triangle (wave d green). The triangle could become invalidate if price manages to become very impulsive (then a larger weekly downtrend could be restarting).
1 hour
A bearish ABC (blue) could continue to develop if price manages to break below the Fibonacci levels.
GBP/USD
4 hour
The GBP/USD is challenging the support trend line (green). A break below it could see price develop a bearish breakout to retest the bottom. Whether the wave 4 (green) is complete or still developing depends also how price would break support (if it does).
1 hour
The GBP/USD could show a breakout above or below support (green) or resistance (red) trend lines.
USD/JPY
4 hour
The USD/JPY is building a sideways zone in front of the daily top (brown) and will need to break above the previous wave 1 (purple) before a larger uptrend (wave 3 purple) can start.
1 hour
The USD/JPY seems to have completed wave 4 (blue) as expected and price has in the meantime broken above multiple resistance trend lines (dotted lines). Price is now moving towards the Fibonacci targets of wave 3 (brown).
Follow @ChrisSvorcik on twitter for latest market updates