EUR/JPY

EUR/JPY make another bearish attempt and tested the previously broken swing high. The pair looks recovering and might close the day near the opening level. If the bull immediately push the pair upward then the bullish trend could continue. Otherwise, the pair might keep consolidating near the current level for now.

Today’s critical levels to watch:

Support: 175.00, 173.00

Resistance: 178.285

EUR/GBP

EUR/GBP respected the trend line and make another bullish bounce from it. The pair significantly higher and will continue the triangle consolidation. No change to the outlook, traders will wait for breakout from the triangle range to confirm the next direction.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8530, 0.8500

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY turn lower and test the previously broken swing high. There is slightly bullish reactions and the pair recover. However, if the pair continue the bearish correction, then the 200.00 handle might become the target to watch. On the upside, a new higher high might confirm a bullish continuation.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF under bearish pressure but no breakout from the 1.0660 – 1.0800 area yet. The pair will continue its attempt to breakout lower and resume the bearish trend. If the pair bounce upward with strong momentum and close above 1.0800 then the trend might turn bullish.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200