The Risk Today:
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EurUsd EUR/USD’s outlook remains unchanged despite the choppy range bound trading these days. Further consolidation could still be seen, but upside would be limited by 1.3329 resistance and bring fall resumption. Break of 1.2746 will suggest decline resumption to retest 1.2329 low. However, note that a break above 1.3329 resistance will indicate that fall from 1.4719 has completed and stronger rally could be seen to retest this high.

GbpUsd GBPUSD Intraday bias in GBP/USD remains on the downside as long as 1.4560 minor resistance holds. As discussed before, rise from 1.3503 might have completed with three waves up to 1.4984 already. Further decline is now in favor to 1.4051 support first. Break will confirm this bearish case and bring retest of 1.3503 low. On the upside, above 1.4635 will turn intraday outlook neutral again and suggest that rise from 1.3503 might still be in progress.

UsdJpy USD/JPY's break of 90.71 minor resistance indicates that an intraday low is in place and outlook is currently seen steady. We're favoring the case that corrective rise from 87.12 has completed with three waves up to 92.39 but still awaiting confirmation.

UsdChf USDCHF remains neutral for the moment. Another rise is mildly in favor and above 1.1778 will indicate that recent rise from 1.0366 is still in progress towards 1.2248/96 resistance zone. However, note there are some signs of topping and break of 1.15012 will indicates that a short term top is in place.