EUR/JPY

EUR/JPY comes under more bearish pressure as the conflict between Russia and Ukraine continues to intensify. The pair currently move lower below the 128.00 support level. Traders will wait for the closing level at the end of the day or week. If the pair could bounce and close the week above 128.00 then there is a chance of bullish reversal.

Today critical levels to watch:

Support: 128.00, 127.00

Resistance: 130.00, 131.50, 132.00, 133.50, 135.00

EUR/GBP

EUR/GBP continues the bearish movement below the trendline and keeps testing the 0.8325 support level. The consolidation is expected to continue between the trendline and 0.8325 for now. Traders will wait for a breakout from the range to decide where the pair will move next.

today critical levels to watch:

Support: 0.8325

Resistance: 0.8400, 0.8500, 0.8580, 0.8600

GBP/JPY

GBP/JPY is under bearish pressure near the 153.50 support level. No major breakout and no lower low printed yet on the chart. If the pair could bounce from the current level with strong bullish momentum then the bullish trend could continue. On the other hand, a bearish breakout with strong momentum will bring the pair down toward 150.00.

Today Critical level to watch:

Support: 153.50, 150.00, 149.20

Resistance: 156.58, 160.00

GBP/CHF

GBP/CHF trading inside the 1.2300 – 1.2500 range. It seems the pair might fail the current higher high and higher low pattern and resume the long-term bearish trend. Even though the situation looks bearish, traders might want to wait for the weekly closing level to get more confirmation.

Today critical levels to watch:

Support: 1.2300, 1.2000

Resistance: 1.2500, 1.2600, 1.2700