Elliott wave and technical analysis on The USD Index; EUR/USD; USD/JPY; EUR/JPY and CHF/JPY

 USD Index - Has broken above important long term resistance and a close above here on a weekly basis will call for an acceleration higher towards the 85.00 area with a long term target near 91.61.
The broken resistance at 81.30 should now act as support (resistance turns to support when broken).

 EUR/USD - The price-action yesterday was not 100% convincing for a direct continuation towards 1.2287. However looking at the bigger picture we should expect correction to the main down-trend to be small and follower by impulsive down moves.

 EUR/JPY - See my post from May 23 here:  http://theelliottwavesufer.blogspot.com/2012/05/elliott-wave-analysis-on-eurusd-usdjpy_23.html)
EUR/JPY fell nicely into the target-area and odds favor that an important bottom was seen at 99.12, what's needed to confirm the bottom is a break above 100.83 and of cause more importantly 102.12, that will confirm the bottom and call for a new impulsive rally, that ultimately will break above the 111.43 high.

CHF/JPY - Is pretty much in the same position as EUR/JPY. An important bottom is most likely found at 82.66 (also nicely within the ideal target-area between 82.52 - 82.75.
A break above 83.94 will be first indication that a bottom is in place, while a break above 85.02 confirms the bottom for a new impulsive rally above 92.40 longer term.