EUR/JPY

EUR/JPY maintains the position above the 154.00 – 155.00 area and might continue consolidating near the area for now. Traders will prepare for the Fed interest-rate decision next week which will influence the market directions. If EUR/JPY continues moving upward with strong bullish pressure then the bullish trend could continue.

Today’s critical levels to watch:

Support: 155.00, 154.00, 151.50, 148.50

Resistance: 160.00, 162.87, 171.00

EUR/GBP

EUR/GBP building more bullish pressure and currently surpass the 0.8580 – 0.8600 area. The pair will keep moving upward and attempt to extend the bullish trend. Traders might want to observe the closing level after the Fed interest-rate decision. If the pair reverse the direction and close below 0.8580 then the bearish trend might continue.

Today’s critical levels to watch:

Support: 0.8400, 0.8325

Resistance: 0.8580, 0.8600, 0.8700, 0.8750

GBP/JPY

GBP/JPY is trading between the 178.50 – 182.45 area for now and will wait for further development. The pair’s next direction will wait for the close outside of the range. Next week FOMC meeting might become the catalyst of movement in the pair. Traders better await for the breakout and close outside of the range to confirm the next direction.

Today’s Critical level to watch:

Support: 178.50, 172.00, 170.00, 168.50

Resistance: 182.45

GBP/CHF

GBP/CHF managed to reach the 1.1200 support level or complete the bearish movement since the latest lower high. At the current time, the pair will test the support level and the trendline to get confirmation on the next direction. If the pair could bounce upward with strong bullish momentum then we might see a bullish continuation. On the other hand, a new lower low below 1.1200 will confirm a bearish continuation.

Today’s critical levels to watch:

Support: 1.1200, 1.0500, 1.0000

Resistance: 1.1530, 1.1600, 1.1750