EUR/JPY

EUR/JPY hanging near the top and each bearish reactions turn weaker. The pair might be on the verge of a bullish breakout. At the current time, traders who have entered long positions in the previous bearish movement will continue to hold the positions. Shorting might be a decision traders could take but might be a high-risk situation.

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 keep holding out near the 0.8580 – 0.8600 area and currently moving upward with moderate bullish momentum. The pair will attempt to extend the bullish movement and print a new higher swing high. If the pair could climb above 0.8700 then there is a chance of bullish reversal.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY stick near the 182.45 resistance level and looking for an attempt to breakout higher. Despite the situation, the pair might continue trading between 178.50 – 182.45 for now. If the pair make a bearish turn then traders could wait near the 178.50 support level for chance to add more long positions.

Today’s Critical level to watch:

Support: 178.50, 172.00, 170.00, 168.50

Resistance: 182.45

GBP/CHF

GBP/CHF attempting to move upward to the 1.1200 resistance level. The pair need to close above the level to reverse the current bearish sentiment. If the pair resume the bearish trend from the current level and print a new lower low then the bearish trend will continue. On the other hand, a close above 1.1200 will overturn the current bearish situation.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750