EUR/JPY

EUR/JPY mostly sideways near the trend line. There is bullish attempt today to breakout above the trend line. However, it seems the pair limited below multiple highs. It means the situation is sideways and the pair will continue trading near the trend line. Under the current situation, traders will monitor the reactions near the trend line.

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00

Resistance: 163.00, 165.00

EUR/GBP

EUR/GBP immediately continue the bullish movement today and reached the 0.8700 – 0.8750 area. The pair might retrace toward 0.8580 – 0.8600 area to test it. When the pair makes a bullish reaction near the area, traders could enter long positions. There is chance of bullish continuation to retest the 0.8700 – 0.8750 area. If the area broken, then the pair could continue moving toward 0.8920.

Today’s critical levels to watch:

Support: 0.8530, 0.8500

Resistance: 0.8580, 0.8600

GBP/JPY

GBP/JPY gradually losing ground as it pushed below the trend line and 188.00 level. The pair is on the verge of continuing the bearish trend to target 184.00 level. If the pair manage to recover sharply above the trend line and reach 190.774, then traders could wait for bearish pullback toward 188.00 and trend line to enter long positions.

Today’s Critical level to watch:

Support: 190.00, 188.00

Resistance: 193.50, 195.00

GBP/CHF

GBP/CHF closed below the 1.0800 level with strong bearish momentum yesterday. The pair make a bearish follow-through today, which break below yesterday’s low. It seems the pair will continue the bearish trend and target 1.0500 level next. If the pair start a bullish correction toward the 1.0800 level, then traders could use the chance to enter short positions.

Today’s critical levels to watch:

Support: 1.1360, 1.1225, 1.1200, 1.1000, 1.0800

Resistance: 1.1400