EUR/JPY

EUR/JPY made a solid bullish attempt during today’s trading session. However, the upward momentum was limited right near the previous Friday’s high. Despite this temporary pause, the broader technical direction remains firmly pointing to the upside. Therefore, the overall trend is still highly positive. Consequently, traders will simply continue waiting patiently. They are looking for a definitive breakout to confirm the next upward leg.

Today’s critical levels to watch:

Support: 185.84, 183.40

Resistance: 190.00

EUR/GBP

EUR/GBP continues to face overall bearish pressure today. However, the pair has not actually printed a new lower low just yet. Because of this resilience, the downward momentum is currently quite limited. Therefore, there is no major change to the broader technical situation. Since sellers are struggling to push lower, the market is temporarily stalling. Nevertheless, the 0.8580 to 0.8600 support zone remains the primary target area to watch. Consequently, traders will patiently wait for a definitive breakdown before expecting further weakness.

Today’s critical levels to watch:

Support: 0.8600, 0.8580

Resistance: 0.8700, 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY is actively trading upward in today’s session. In fact, the pair successfully managed to print a new higher high. However, this upward push was not a move with significant momentum. Because the buying volume is relatively low, the price might simply continue grinding upward at a slower pace. Therefore, buyers are steadily building pressure over time. Eventually, this slow grind could confidently reach the 217.08 resistance target.

Today’s Critical level to watch:

Support: 211.50, 210.00, 208.00, 207.00

Resistance: 214.965

GBP/CHF

GBP/CHF also managed to print a new higher high today. Despite this positive achievement, the pair is currently trading right near its daily opening level. As a result, the intraday price action remains mostly sideways. Furthermore, a crucial test on the top of the green box range is happening right now. Therefore, traders must watch this specific resistance area very closely. A successful breakout will finally confirm the next bullish phase.

Today’s critical levels to watch:

Support: 1.0500, 1.03599

Resistance: 1.0600, 1.0660, 1.0800