EUR/JPY

EUR/JPY returns below the 131.50 – 132.00 area and currently moving upward to test it. If the pair could climb and close above the area then the bullish trend is set to continue. On the other hand, if bearish rejection happens then traders will prepare for weakness toward the blue and orange box area.

Today critical levels to watch:

Support: 130.00

Resistance: 131.50, 132.00, 133.50, 135.00

EUR/GBP

EUR/GBP pushed lower from the trendline and might resume the weakness to test 0.8400. At the current time, the pair is moving upward and ready to retest the 0.8500 and the trendline. If the pair could breakout above the trendline and print a higher swing high then we are set for a new bullish trend.

today critical levels to watch:

Support: 0.8400, 0.8325

Resistance: 0.8500, 0.8580, 0.8600

GBP/JPY

GBP/JPY stick near the 156.58 resistance level without major reaction yet. The pair might continue trading sideways near the level for now and traders will wait for further reaction. On the upside, the pair need to print a new higher high to confirm a long-term bullish continuation.

Today Critical level to watch:

Support: 153.50, 150.00, 149.20

Resistance: 156.58, 160.00

GBP/CHF

GBP/CHF maintain the close near the 1.2500 level. The pair has formed a higher swing low and needs to print a higher swing high to validate the current bullish movement. Traders could see a triangle pattern formed on the chart. At the current time, it is the time to wait for a breakout from the range before deciding on the next direction.

Today critical levels to watch:

Support: 1.2500, 1.2300, 1.2000

Resistance: 1.2600, 1.2700