EUR/JPY

EUR/JPY got rejected from the 167.348 level and start moving lower. The pair might continue lower to retest the broken trend line and the 164.869 level. If the pair could maintain the position above the level, then traders could enter long positions on retest. However, a close below 164.869 might cancel the bullish outlook.

Today’s critical levels to watch:

Support: 165.00, 163.00, 160.00, 155.00, 154.00

Resistance: 166.50

EUR/GBP

EUR/GBP resume the bullish trend and it will target 0.8580 – 0.8600 area as the nearest target. On the upside, the pair will target 0.8700 – 0.8750 area as long-term target. As long as the pair stay above 0.8500, then the bullish leg could continue higher. Traders who want to speculate for short-term, could use the 0.8580 – 0.8600 area as place to enter short positions with 0.8500 as maximum bearish target.

Today’s critical levels to watch:

Support: 0.8530, 0.8500, 0.8430, 0.8400, 0.8325

Resistance: 0.8580, 0.8600, 0.8700, 0.8750

GBP/JPY

GBP/JPY pushed lower and resume the bearish movement after triangle pattern broken. The pair is supported by the 193.50 – 194.00 area. If the pair could break out below the area and print a new lower swing low, then the bearish trend could continue. On the upside, a breakout and close above 198.00 will confirm the bullish continuation.

Today’s Critical level to watch:

Support: 193.50, 190.00, 188.00

Resistance: 195.00, 198.00

GBP/CHF

GBP/CHF on the path lower to target 1.0800 and the latest swing low. There is no change to the current outlook, however, a close above 1.1100 might cancel the current bearish leg. On the upside, a close above 1.1200 will become the major bullish reversal confirmation.

Today’s critical levels to watch:

Support: 1.1000, 1.0800, 1.0600, 1.0500

Resistance: 1.1200