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USD/JPY at 78.6% Fibonacci level after 88.6% bullish bounce - Your capital is at risk
http://www.admiralmarkets.com/analyt...bullish-bounce

USD/JPY
4 hour
https://fxmedia.s3.amazonaws.com/art...09-2016uj4.png
The USD/JPY remains stuck between the resistance of the daily downtrend channel (red) and the support of the various bottoms (green) and 88.6% Fibonacci level of wave 2 (purple). A break below the bottoms invalidates the bullish reversal, whereas a break above the bearish channel confirms the potential for a wave 3 (purple).
1 hour
https://fxmedia.s3.amazonaws.com/art...09-2016uj1.png
The USD/JPY retraced back and bounced at the 78.6% Fibonacci level of wave 2 (blue). A break above the resistance (orange) could start the wave 3 (blue) but a break below the 100% Fib invalidates wave 2 (blue).
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EUR/USD is waiting for USD Core Durable Order news

EUR/USD keeps building zigzags and USD/JPY breaks with impulse
http://www.admiralmarkets.com/analyt...s-with-impulse - Your capital is at risk

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...09-2016eu4.png
The EUR/USD is building a bullish retracement, which could become a head and shoulders pattern (purple boxes) if price makes a bearish turn at 1.1250. Such a rejection could occur when a bearish ABC (blue) zigzag occurs within the larger consolidation zone (purple/blue lines).
1 hour
https://fxmedia.s3.amazonaws.com/art...09-2016eu1.png
The EUR/USD completed a 5th wave (green) within wave A (blue), which was followed by a new bullish wave A and B (green) zigzag. Price is now probably in a wave C (green) zigzag, unless price breaks above the 100% Fibonacci level.
USD/JPY
4 hour
https://fxmedia.s3.amazonaws.com/art...09-2016uj4.png
The USD/JPY remains stuck between the resistance of the daily downtrend channel (red) and the support of the various bottoms (green) and 88.6% Fibonacci level of wave 2 (purple). A break below the bottoms invalidates the bullish reversal, whereas a break above the bearish channel confirms the potential for a wave 3 (purple).
1 hour
https://fxmedia.s3.amazonaws.com/art...09-2016uj1.png
The USD/JPY broke above the resistance (dotted orange) and indeed wave 3 (brown/blue) momentum seems to have started. If this is the case, then price is expected to build a bull flag or triangle at one of the Fibonacci targets as part of a wave 4 (brown) within wave 3 (blue).
Follow @ChrisSvorcik on twitter for latest market updates

EURUSD dropped from POC yesterday getting to first target. Hope you had profits.

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GBP/USD supported at 88.6 fib

GBP/JPY Bearish M pattern but bullish price action

US Dollar breakout to confirm or invalidate key levels
http://www.admiralmarkets.com/analyt...ate-key-levels - Your capital is at risk

EUR/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...10-2016eu4.png
Support and resistance (S&R) levels remain key. The EUR/USD remains in a contacting ABCDE triangle chart pattern (blue) unless price breaks above the invalidation level (pink). A break below support (green) indicates that a wave Y (brown) is most likely starting within wave d (green).
1 hour
https://fxmedia.s3.amazonaws.com/art...10-2016eu1.png
The EUR/USD is building a smaller triangle indicated by the support (green) and resistance (orange) trend lines. A push higher is expected at the moment to complete the bullish ABC (green) but a break above pink invalidates the wave E (blue).

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GBP/USD could possibly target 1.2796 short term

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Attached Image (click to enlarge)

USD/JPY breaks major resistance of daily downtrend channel
http://www.admiralmarkets.com/analyt...ntrend-channel - Your capital is at risk

USD/JPY
4 hour
https://fxmedia.s3.amazonaws.com/art...10-2016uj4.png
The USD/JPY is trying to break above the resistance of the daily downtrend channel (dotted red), which would confirm the potential for a wave 3 (purple).
1 hour
https://fxmedia.s3.amazonaws.com/art...10-2016uj1.png
The USD/JPY broke above the resistance (red/orange) trend lines which sparked the start of a wave 3 (brown/blue) bullish momentum. Price is now moving towards the Fibonacci targets. Any bullish flag chart patterns or small consolidation zones could see further potential breakouts.
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GBP/JPY bearish channel in progress

GBP/USD impulse breaks below 1.28 yearly low
http://www.admiralmarkets.com/analyt...-28-yearly-low - Your capital is at risk

GBP/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...10-2016gu4.png
The GBP/USD has moved below the low at 1.28 of earlier this year and is now building a bearish impulse which has been labelled as a wave 3 (blue). Price has now reached the 261.8% Fibonacci target, which could cause a retracement. The next bigger target could be near 1.25.
1 hour
https://fxmedia.s3.amazonaws.com/art...10-2016gu1.png
The GBP/USD seems to have completed 5 waves (grey/orange) within wave 3 (blue). A wave 4 retracement (blue) should see price respect and turn at the shallower Fibonacci levels like 23.6% and 38.2% Fib.

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GBP/USD, USD/JPY move quickly in powerful momentum swings

http://www.admiralmarkets.com/analyt...omentum-swings - Your capital is at risk
GBP/USD
4 hour
https://fxmedia.s3.amazonaws.com/art...10-2016gu4.png
The GBP/USD is building a (light) retracement within a strong bearish impulse, which has broken previous bottoms and lows of earlier this year. A break of the support (green) could price extend the decline towards the Fibonacci targets (red arrows).
1 hour
https://fxmedia.s3.amazonaws.com/art...10-2016gu1.png
The GBP/USD seems to have completed 5 waves (grey/orange) within wave 3 (blue). A wave 4 retracement (blue) should see price respect and turn at the shallower Fibonacci levels like 23.6% and 38.2% Fib. A break below the bottom should build a small bear flag (orange arrow) emerge before dropping to the Fibonacci targets, or else the break could still be part of a larger wave 4 (blue) correction.
USD/JPY
4 hour
https://fxmedia.s3.amazonaws.com/art...10-2016uj4.png
The USD/JPY broke above the resistance of the daily downtrend channel (dotted red) and a wave 3 seems to be developing (purple).
1 hour
https://fxmedia.s3.amazonaws.com/art...10-2016uj1.png
The USD/JPY is showing strong bullish momentum, potentially as part of multiple wave 3's. The current wave 3 (brown) could still push higher if price is able to break above the top and 200% Fibonacci target (blue arrow). If a retracement does occur, then the wave 4 (brown) usually turns at the 23.6% or 38.2% Fibonacci level (green arrows).
Follow @ChrisSvorcik on twitter for latest market updates

EUR/GBP is forming reverse bearish divergence

Done