With two important central meetings ahead (Fed 01feb, ECB 02feb - central bank calendar), the market can't decide on a direction. The dollar index (DXY) is showing some sort of bottoming out in the last few trading days, but as I wrote before, one final down leg could still be missing. A possible target for this would be the 101/100 zone.
EURUSD -- 1.0877
The currency pair so slowly grinding higher but has rejected the 1.0927/11 resistance zone for now. The upper Bollinger band (1.0970) is also running higher and will soon reach the 1.1000 mark. Above this threshold up to 1.1200 we could see a major yearly high in the euro.
GBPUSD -- 1.2316
I am bearish on Sterling below 1.2448/47 and would use a possible rally to 1.2375/00 to sell the currency pair again. For now though, the pound is supported above the 1.2300 level and it likely needs fresh impetus for a sustained break.
USDCHF -- 0.9236
The low of last week Wednesday (0.9085) has been substantial. Above the mid Bollinger band (0.9250) the currency pair has room for a quick move to the 50 ema (0.9354). But first the dollar has to cross the line. Below the 0.9085 support I would get rid of longs for the time being.
Good luck,
Sebbo