4 hour EURUSD:
The EURUSD could have completed the big wave 3 (green) although more confirmation is needed before the probability of a wave 4 (green) underway has increased.
60 min EURUSD:
The bullish momentum could be best explained by a 5 wave (magenta) belonging to a bigger correction (ABC blue).
GBPUSD
4 hour GBPUSD:
The GBPUSD’s price action has been very corrective lately and has formed a sideways range (red and green lines).
60 min GBPUSD:
The invalidation level of the current wave 3 (purple) count is the top of wave 1 (purple) which is marked by the 100% Fibonacci level.
USDJPY
4 hour USDJPY:
The USDJPY is most likely correcting to lower levels for a wave 4 (magenta).
60 min USDJPY:
Due to the break of the support trend line (green) there is a decent chance that price has completed wave X (purple) and it’s moving lower towards the wave Y (purple) targets.