EUR/JPY

EUR/JPY is showing clear rejection from the highs and is now moving lower, signaling a short-term correction after the strong rally. While the broader trend remains bullish, momentum has shifted bearish in the near term. A deeper pullback toward 180.40–179.50 is possible before buyers step back in.

Today’s critical levels to watch:

Support: 182.00, 180.54, 180.00, 178.765, 175.00,

Resistance: 183.40, 185.84

EUR/GBP

EUR/GBP is sharply lower today as it failed to print new higher swing high. The failure to hold above the rising trend line confirms that sellers have taken control in the short term. At the current time, the pair is trading near 0.8750 and will keep testing it. If the pair breakout and close below 0.8750 also the trend line, then there is chance of bearish continuation to target 0.8700.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600

Resistance: 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY pushed lower today in early trading session, but managed to recover and trade near the opening level. The pair will attempt to maintain the current position and continue the bullish movement to target 161.8% Fibonacci extension level. If the bearish correction continues, then 205.29 is the level to watch for retest.

Today’s Critical level to watch:

Support: 208.00, 207.00, 205.00

Resistance: 210.00

GBP/CHF

GBP/CHF has turned upward, breaking its short-term bearish momentum and signaling a bullish continuation. Buyers are gaining control in the near term, and further upside is possible as long as price holds above 1.0660. On the upside, a close above 1.0800 will further confirm bullish continuation to target 1.1060 – 1.1100 area.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200