EUR/JPY

EUR/JPY trading near the yellow box area and show bullish reactions. The pair might attempt to extend the bullish trend and target a new higher high. On the upside, 160.00 is the nearest round number resistance to watch. If the pair continues moving lower then 154.00 – 155.00 is the area to watch for bullish reactions.

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 attempting to continue the bullish trend above the 0.8700 level. The pair will attempt to print a new higher swing high above 0.8750 next to confirm the continuation of the bullish trend. On the downside, a close below 0.8700 could trigger a bearish correction to find a new higher low.

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 limited below the 182.45 level but has no bearish continuation toward the 178.50 support level yet. The pair might continue consolidating inside the 178.50 – 182.45 area for now. Traders will wait for a close outside of the range to confirm the next direction of the pair.

Today’s Critical level to watch:

Support: 178.50, 172.00, 170.00, 168.50

Resistance: 182.45, 184.00

GBP/CHF

GBP/CHF started a bullish correction and will target the previously broken horizontal support level. The pair trend is bearish which means traders could wait for bearish reactions near the resistance level for a chance to enter short positions.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1100, 1.1200, 1.1530, 1.1600, 1.1750