The EUR/USD has approached the previous bottom (green), which is a major bounce or break spot and a potential indicator of intermediate direction of the market.
The EUR/USD wave C (blue) has reached the typical 100% Fibonacci target and could use it for a bounce. The 2nd most likely target is the 161.8% Fibonacci level.
The GBP/USD is at the bottom of the uptrend channel (blue lines). The current correction is most likely part of a wave X (green).
The GBP/USD seems to be building a consolidation zone between the resistance (red) and support (blue) trend lines.
The USD/JPY has kept pushing higher which due to its momentum has been labeled a wave A (lavender).
The USD/JPY has broken the rising wedge chart pattern (blue and red lines), which could indicate the potential for wave A (lavender) to be completed. If price does push higher then it could go towards the Fibonacci targets.
Please note that the update is posted with permission from Admiral Markets