EUR/JPY

EURJPY remain unchanged as the pair continue trading inside the bearish candlestick range. The consolidation is ongoing and traders will continue waiting for now. When a breakout from the consolidation range happen, traders will get confirmation on the next direction. If the pair trade lower, then the trend line, also the lower Fibonacci level, could become the place where traders look for long positions.

Today’s critical levels to watch:

Support: 180.54, 180.00, 178.765, 175.00,

Resistance: 182.00

EUR/GBP

EURGBP has broken below its ascending trend line and is now trading under the 0.87500 resistance area. Price is hovering near the 61.8% retracement of the last swing and still looks heavy. As long as price remains below 0.87500, the bias leans bearish toward 0.87000 and 0.86670. A daily close back above 0.8750 would cancel this bearish pressure.

Today’s critical levels to watch:

Support: 0.8700, 0.8600

Resistance: 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBPJPY remains one of the strongest yen pairs. Price continues drifting higher toward the 207.40 resistance and potentially 208.00. Momentum stays bullish above 205.30. Only a close below this structure would signal deeper correction. Traders who has long positions will continue to hold the positions for now.

Today’s Critical level to watch:

Support: 205.00, 200.00, 198.00, 195.00

Resistance: 207.00

GBP/CHF

GBPCHF has broken out of its descending channel and is pushing higher toward the 1.08000 resistance. Trend bias is now turning bullish as long as price stays above 1.06600. A clear breakout above 1.08000 will open continuation toward 1.11000. If there is a bearish correction to retest 1.0660, then traders could use it as a chance to add long positions.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200