EUR/JPY

EUR/JPY moving toward the 161.50 resistance level and soon will reach it to test it. The pair trend has not changed and traders who have long positions will continue to hold the positions. If the pair start moving lower again then traders will wait near the 148.50 level for a chance to enter more long positions.

Today’s critical levels to watch:

Support: 145.00, 142.75, 140.50

Resistance: 148.50, 151.50

EUR/GBP

EUR/GBP trend looks sideways below the 0.8700 resistance level. There is no conclusion yet on the pair’s next direction. Traders will continue waiting for the pair to make a breakout and move away from the level. On the lower side, the 0.8580 – 0.8600 area is the support area to watch. On the upside, a close above 0.8750 might confirm a bullish reversal.

Today’s critical levels to watch:

Support: 0.8600, 0.8580

Resistance: 0.8700, 0.8750, 0.8900, 0.9000

GBP/JPY

GBP/JPY climb above the 172.00 level and print a new higher swing high. The direction of the pair will continue bullish and there is no change to the situation. Traders will continue to hold long positions while waiting for a bearish correction. When the pair move lower and reach the support level then traders could consider entering long positions.

Today’s Critical level to watch:

Support: 170.00, 168.50

Resistance: 172.00

GBP/CHF

GBP/CHF has not made a major movement yet to confirm the next trend. The pair currently consolidating near the 1.1200 level. The next higher swing high or lower swing low might confirm the next direction of the pair. Meanwhile, traders better stay sideline without major positions.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750