The EUR/USD bearish channel is challenging the Fibonacci levels of wave 4 (purple). The 38.2% Fibonacci retracement level is an often used reversal spot for wave 4s. A break above resistance (red/orange) could see the start of a wave 5 (purple). A break below the 50-61.8% Fib support makes a wave 4 less likely.
The EUR/USD is showing divergence between price and the oscillator, which could increase the chance of a bullish breakout and reversal. The EUR/USD could be starting a wave 5 (purple) If price manages to break above the resistance trend lines (red/orange).
The GBP/USD broke below the support trend lines (dotted blue) and is continuing with the bearish pressure. Although a break below the 50% Fib is making a wave 4 (green) less likely, a bounce at the trend line and 61.8% Fib could still start a bullish reversal.
The GBP/USD is probably completing a bearish ABC zigzag correction (grey). The wave C (grey) is probably building 5 waves and the current wave 4 (orange) should stay below the 50% Fib otherwise the wave 4 is invalidated.
The USD/JPY made a new lower low which invalidated the immediate bullish reversal but price still remains at a strong support level (green/blue). Price would need to break below this support zone before a bearish continuation within wave 2/B (light purple) is likely.
The USD/JPY remains choppy and corrective. Price needs to break above resistance (red) before an uptrend continuation is likely.