Technical Analysis on EUR/USD,GBP/USD,USD/JPY,September 10th,2015

During the session today, the pivotal event should be MPC Meeting Minutes and Interest Rate Decision of Bank of England that would move the GBP/USD pair around. Most analysts expect that the interest rate won’t change but there should be a big fluctuation since the market experienced a big fluctuation even Canadian’s interest rate didn’t changed yesterday. New Zealand cut its interest rate by 0.25 that causes a big slump on NZD/USD pair. 

EUR/USD
Seen from the 4-hour chart, the EUR/USD pair has shown a sign of bullish momentum, so we are mainly buyers of call options. There exists some pressure at 1.1240 that should be easy to break through. We have to stop buying call options when it drops below 1.1170, meanwhile, purchase of put options should be cautious. 
Support：1.1170/1.1150
Resistance：1.1240/1.1263/1.1330

 GBP/USD
Seen from the 1-hour chart of the GBP/USD pair, it continues to bounce down without sufficient bullish sentiment, so we favor of buying put options. But when it drops down from the pressure level at 1.5413, there won’t be big space for it to decline so that we have to stop buying put options at 1.5320. We like buying call options with a reference position at 1.5290. 
Support：1.5333/  1.5291
Resistance：1.5413/  1.5471

USD/JPY
Seen from the 1-hour chart and day line movement, the USD/JPY pair is in the bearish trend with considerable pressure. We believe that it has limited space to rise that put options should be purchased. Put options should be stopped when it breaks through 120.45. We have no interest in buying call options until it breaks through 121.00. 
Support：119.70/118.74
Resistance： 120.44/121.45

[Tips]
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