The dollar index (DXY) has made it out of the recent 104/105 range and is trading around the annual high of 6 January (105.63) at time of this writing. With the help of hawkish comments from Fed President Powell yesterday afternoon (european), the dollar finally managed to break out. I am unsure whether the dollar has really left the bottom with this, but in terms of the individual dollar crosses, I am rather bullish now.
EURUSD -- 1.0545
Currently, the euro is trading above the last support (1.0536) before the 200-day line becomes relevant. Below the 50 ema (1.0652) and the mid Bollinger band (1.0644) the short-scenario is valid in any case.
GBPUSD -- 1.1836
The same applies to this currency pair. From a technical perspective there is no reason to look for Sterling longs. After several attempts trying to break through the 200 dma (1.1907) it finally happened yesterday. Next supports can be found around 1.1738 (sept high) and another 100 pips lower around 1.1646/39 (oct highs). However, a clear daily close above the 200 dma (1.1907) must make one cautious again on the other side.
USDJPY -- 137.53
The currency pair has reached the 200 dma resistance yesterday and is trading just above that treshold at time of this writing. Actually, the dollar should be shorted here, but it is trading very firm at the moment, which makes things difficult. It is not wrong to wait and see. There is a realistic possibility that there will be another attempt in the direction of 139/140 before it can go down again.
Good luck,
Sebbo