EUR/JPY

EUR/JPY extends the bullish movement above the yellow box area and will attempt to target a new higher high. The pair situation is bullish and there is no bearish confirmation yet. As long as the pair continue printing a new higher high and higher low then the situation will continue bullish.

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 has printed a new higher high on the daily chart which means the trend has turned bullish. At the current time, the pair shows bounce reactions from the 0.8700 support level and will attempt to extend bullish movement toward 0.8750. Traders will continue to use each bearish correction toward the support level as a chance to enter long positions.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY continues trading sideways near the current level inside the 178.50 – 182.45 area. The pair situation might continue sideways for now while waiting for a breakout from the range. As mentioned before, the next higher high or lower low will confirm the pair’s 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 bearish trend continues without a major bullish reversal yet. At the current time, the pair trading slightly upward and might start a bullish correction. Traders will wait until the upward movement loses its momentum and enters short positions.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1100, 1.1200, 1.1530, 1.1600, 1.1750