Where do we stand....
EURUSD.
The EURUSD cracked below the 100 day MA and trend line support on the daily. the next support targets. 1.1158 and then the 200 day MA at 1.11448. The low at the fixing time reached 1.1159.
GBPUSD
The GBPUSD has moved below the 61.8% of the move up from the August low and now targets key support at the 1.3058 area. There is a lower trend line and swing lows the end of August.
USDJPY
The USDJPY squeezed above the 200 and 100 hour MA at the 102.18-24 area. Its action today has been less when compared to the EURUSD and the GBPUSD but it did make new session highs at the fixing time.
As Adam points out, the fixing (and London European close) - especially on a Friday - can lead to an extreme and then consolidation/correction. Given the key technical levels in play nearby, those levels should provide other reasons to stall the moves.
