EUR/USD has stalled
After a decent two-day move last week, EUR/USD has stalled just shy of $1.0950, and a move back below $1.0850 would suggest the bounce has run its course for now.
In that eventuality we look to the January lows at $1.07, and then below this towards $1.05. Any close above $1.0950 targets $1.10, and then on towards $1.11.
AUD/USD stops just short of support
AUD/USD has taken a beating along with other risk assets, but as these try to stabilise a similar pattern is occurring here.
The pair has stopped short of support around the September 2015 low of $0.69, and if it can move back above $0.7035 a bottom may have been created, which would lead us on towards $0.7120.
USD/JPY looks to bounce
A bounce of ¥117 may be what is needed to get this pair moving higher, with an initial target around ¥118.35 and then on towards ¥119.43.
Daily momentum indicators appear to be bottoming out, so if the pair can close above ¥118 the outlook may switch to one more favourable for the bulls. A move back below ¥117 would head towards ¥116.21, the August 2015 lows.