EUR/JPY

EUR/JPY traded lower on the daily chart and reach 121.50 support level. The pair has bullish trendline below the support level. At the current time, it seems the bearish pressure will pause and wait for news trigger. Which one will happen? a bounce or a breakout?

Support: 121.50, 121.00, 120.00

Resistance: 122.00, 123.00, 123.30

EUR/GBP

EUR/GBP is on a bullish run since the bounce from the blue trendline. There is no stop seen yet on the pair and we could expect further upside. On the upside, there is bearish trendline to watch if the pair manage to reach it. Traders could use 0.8920 as a level to look for a long position when there is a bearish correction.

today critical levels to watch:

Support: 0.8920, 0.8900

Resistance: 0.9000

GBP/JPY

GBP/JPY is in a bearish trend, the pair continue making lower low and lower high on the chart. At the current time, the pair broke below the 136.00 support level and might continue lower. We have two trendlines where the price bouncing up and down from it. Traders could use the trendlines to take a position while riding GBP/JPY lower.

Today Critical level to watch:

Support: 135.00

Resistance: 136.00, 137.40

GBP/CHF

The outlook on the GBP/CHF daily chart is bearish inside the bearish channel. Nothing much to expect aside from further bearish movement at the current time. On the higher time frame, the weekly chart shows us possible support at 1.2300. If the pair could bounce from 1.2300 then it might result in a long-term bullish trend. But, at the current time, it is better to stay sideline or continue bearish in the pair.

Today critical levels to watch:

Support: 1.2300

Resistance: 1.2500