EUR/JPY

EUR/JPY made a bullish attempt and currently trading near the yellow box area. The pair situation continues to be bullish and might trade upward to print a new higher high. However, a sideway movement near the yellow box area might happen too and traders will wait for further reactions. If the pair starts moving lower again and prints a close below the 154.00 – 155.00 area then the situation could turn bearish for the medium term.

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 slowly moving lower toward the 0.8580 – 0.8600 area. There is no bullish sign yet but we think a bounce might happen near the area. If the pair could bounce with strong bullish reactions then the bullish trend could continue. On the upside, a close above 0.8700 is a strong bullish confirmation.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY is mostly higher and soon will reach the 182.45 resistance level. The pair range spans between 178.50 – 182.45 and traders will wait for a close outside of the area. No clue yet on the pair’s next long-term direction. The next higher high or lower low might confirm the long-term direction.

Today’s Critical level to watch:

Support: 178.50, 172.00, 170.00, 168.50

Resistance: 182.45

GBP/CHF

GBP/CHF bounced from the bottom of the yellow box area. The pair might continue upward to test the top of the yellow box area. At the current time, traders will continue to apply a range trading strategy while waiting for a breakout and closing outside of the area.

Today’s critical levels to watch:

Support: 1.1100, 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750