EUR/JPY

EUR/JPY printed new higher swing high where it is expected to continue the bullish movement. On the upside, the 127.2% Fibonacci extension is the target to watch. As the pair continue print new higher high and higher low, traders will continue to maintain bullish outlook on the pair.

Today’s critical levels to watch:

Support: 175.00, 173.00

Resistance: 178.285

EUR/GBP

EUR/GBP is trading above the 0.8750 now after breaking out from the ascending triangle pattern. If there is no change to the bullish situation, then the pair could continue upward to target 0.8920 and 0.9000. On the lower side, the 0.8750 level is the support level to watch when bearish correction happen.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600

Resistance: 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY bounced near the 200.00 level and currently looking to stabilize. It looks like the pair might consolidate and trade sideways above the 200.00 level for now. Overall, the structure of the pair still bullish and the 200.00 level also 198.00 will continue to act as support level for now.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF stay on bearish track and now change to the situation. If a bullish correction happen, then traders could wait near 1.066 level for bearish reactions. When there is bearish reactions, traders could consider entering short positions. On the upside, traders will place stop order above 1.0800 or trailing the lower high.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200