The Daily Wave Analysis

Currency pair EUR/USD
The jury is still undecided whether this is an impulsive 5 wave down (green letters) or an ABC correction (black letters). 4 hour chart EURUSD:

The usual wave C target has already been hit. Now it will be interesting to see if price bounces or breaks at the wave 4 Fibs. In case of a move down, there is potential daily support at the 50% Fib (green).

Currency pair GBPUSD
The GU broke the support trend line (blue) and is moving down lower. The Fibonacci levels could provide support

Currently the most likely wave count is indicating a wave 4 and 5 (purple) of wave c (orange).

Currency pair USD/JPY
The USDJPY remains in a consolidation between support (green) and resistance (red). For the moment I am cautious and waiting for more price action information.