EUR/JPY

EUR/JPY currently trading near the 171.51 level and might continue moving sideway for now. The pair is in a bearish correction phase but it seems losing bearish pressure. If the pair could bounce upward from the current level then the bullish trend could continue. On the upside, a new higher swing high will confirm the continuation of the bullish trend. Meanwhile, a new lower swing low on the chart will turn the trend into bearish for long term.

Today’s critical levels to watch:

Support: 171.51, 170.00

Resistance: 176.66

EUR/GBP

EUR/GBP attempting to move upward after the bounce from the 0.8400 support level. If the pair could continue the bullish movement then it will target the trendline to test it. A new higher swing high or close above 0.8530 will cancel the current bearish trend and shift the trend to bullish. However, if the pair continues the bearish movement and prints a new lower swing low, the bearish trend will continue.

Today’s critical levels to watch:

Support: 0.8400, 0.8325

Resistance: 0.8500, 0.8530, 0.8580, 0.8600, 0.8700, 0.8750

GBP/JPY

GBP/JPY is on the path lower to target the 200.00 and 200.50 support levels. However, the pair seems losing the bearish pressure and might trade sideways near the current level. Traders will wait near the 200.00 and 200.50 levels for bullish reactions. When there are bullish reactions, traders could enter long positions with a stop below the previous swing low.

Today’s Critical level to watch:

Support: 200.50, 200.00, 198.00, 193.50, 190.00

Resistance: 208.86

GBP/CHF

GBP/CHF is supported by the green box area and currently consolidating near the upper level. The pair will attempt to bounce upward from the current level and continue the bullish movement to print a new higher swing high. However, if the pair continue moving lower and close below the green box area then we might see bearish continuation to target a new lower swing low.

Today’s critical levels to watch:

Support: 1.1225, 1.1200

Resistance: 1.1360, 1.1530, 1.1600, 1.1750