Technical Analysis on EUR/USD,GBP/USD,USD/JPY,September 8th,2015

During the session today, we should focus on the GDP number come out of Eurozone. Meanwhile, as we mentioned yesterday, it seems quite difficult for Fed to raise interest rate this year that may change the moving direction of the major currencies. 

EUR/USD
The EUR/USD pair continues to rally with bullish momentum. Seen from the1-hour chart, we find considerable pressure between 1.1170 and 1.1200 that should weaken the bullish trend. Nevertheless, the price movement keeps going up so that we are mainly buyers of call options in the morning session. We have no interest of buying put options until it breaks through 1.1137.
Support：1.1145/1.1137
Resistance：1.1174/1.1200

 
GBP/USD
The GBP/USD pair continues to bounce back after hitting the low position yesterday, with pullback momentum existed, we like buying call options that may end at 1.5282 in the morning session. We won’t buy call options when it drops below 1.5250, since it can possibly go into bearish trend. 
Support：1.5250/  1.5154
Resistance：1.5285/  1.5356

USD/JPY
Seen from the 1-hour chart of the USD/JPY pair, it has declined with bearish trend. Therefore, we favor of buying put options and end it at 118.90~118.83, since it may encounter some pullback in this area. We will end up buying put options when it breaks through 119.54. 
Support：119.00/118.35 
Resistance： 119..54/120.55

[Tips]
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