4 hour EURUSD:
The EURUSD’s downtrend has reached the 127.2% Fibonacci retracement level of the wave X (blue), which could be a bouncing spot for the wave Y (blue).
60 min EURUSD:
Price is in a triangle (orange and purple trend lines). The top and bottom most likely indicate the bear and bull lines for this pair.
GBPUSD
4 hour GBPUSD:
The GBPUSD’s downtrend has reached the 127.2% Fibonacci retracement level of the wave X (purple), which could be a bouncing spot for the wave Y (purple and green).
60 min GBPUSD:
Price is currently moving slowly upwards in what could be a channel or bear flag.
USDJPY
4 hour USDJPY:
Although the USDJPY is in an uptrend, there is a chance that price could retrace to a lower Fibonacci level for wave 4 (magenta) such as the 38.2.
60 min USDJPY:
Price is in a triangle (orange and purple trend lines). The top and bottom most likely indicate the bear and bull lines for this pair.