EUR/JPY

EUR/JPY recover after sharp bearish movement. The pair seems will attempt to continue the bullish movement to target a new higher swing high. Otherwise, the pair might turn lower again to target the trend line for test. Traders will maintain bullish outlook for now and use each bearish correction toward support level as a chance to enter long positions.

Today’s critical levels to watch:

Support: 170.00, 166.50, 165.00, 163.00

Resistance: 173.00, 175.00

EUR/GBP

EUR/GBP has reached the 0.8600 level and show bounce reaction. The pair climb above the previous day’s high and might attempt to extend the bullish movement. If the pair could extend the bullish movement, then it will continue the ranging movement between 0.8580 – 0.8750. On the lower side, a breakout and close below 0.8580 will open the path toward 0.8500 – 0.8525.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8530, 0.8500, 0.8430, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY closed near the 200.00 level but no bullish continuation yet. The pair seems will continue the consolidation below the 200.00 level for now. Eventually, we expect the pair to break out and continue the bullish movement. If the pair turn lower again, then the 198.00 is the support level to watch.

Today’s Critical level to watch:

Support: 198.00, 195.00, 193.50, 190.00, 188.00

Resistance: 200.00

GBP/CHF

GBP/CHF bearish pressure do not last long. The pair has turn upward again today and is set to continue the bullish movement to target 1.1060 – 1.1100 area. On the lower side, 1.0800 will become the major support level to watch. When the pair reach 1.0800 and form strong bullish reaction, traders could enter long positions.

Today’s critical levels to watch:

Support: 1.0800, 1.0600, 1.0500

Resistance: 1.1000, 1.1200