Technical Analysis on EUR/USD,GBP/USD,USD/JPY,September 28th,2015

This week’s focus falls on the US Non-Farm data released on Friday. Federal Reserve Chairman Janet Yellen’s previous remarks has fueled the interest rate hike. Analysts believe that there will be two opportunities for interest right hike with one in October and other in December. Interest rate hike in December is much more likely to happen. The Fed will increase interest rate only when this week’s Non-Farm data as well as next month’s data are good enough to support it. 

EUR/USD
Seen from the 1-hour and 4-hour chart, the EUR/USD pair is pressured with a trend of  consolidation. With that being the case, we prefer buying put options and end it at the previous two low bits. A pullback may occur when it breaks through 1.1217, and put options should be suspended. 
Support：1.1094/1.1010/1.0950
Resistance：1.1217/1.1250/1.1262

GBP/USD
The GBP/USD pair is obviously in a bearish trend that technically suggests buying put options. However, seen from the 1-hour chart, it is encountering a serious bottom deviation that could occur to 4-hour chart and 1-day chart, too. It’s difficult to determine whether it will rise or fall at this point of position, but call options are more preferable. Once it drops below 1.5162, we will buy put options and end it at 1.5100. 
Support：1.5162/1.5100/1.4891
Resistance：1.5252/1.5364/1.5426

USD/JPY
The USD/JPY pair still continues to consolidate with a declining bearish sentiment that is shown on the 1-hour chart. A bullish can be confirmed only when it breaks through 121.90. We are mainly buyers of put options if it is below 121.80.
Support：120.00/119.69/119.00
Resistance：120.88/121.27/121.55

[Tips]
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