EUR/JPY

EUR/JPY breakout below 121.50 support level in the previous day and there is bearish continuation today. The bearish pressure manages to push EUR/JPY down to the bottom trendline. However, we see the pair also recovered most of its losses and traded near its opening level. Without any breakout below the trendline then EUR/JPY will continue ranging inside the triangle pattern.

Support: 121.00, 120.00

Resistance: 121.50, 122.00, 123.00, 123.30

EUR/GBP

EUR/GBP jumped above the trendline today. The movement mostly attributed to the weakness in Pound sterling fundamental situation. Investors and traders worried about the progress of Brexit. The fear of No-deal Brexit resurface and there might be no change nearing the deadline. At the current time, long position when pullback happens is the best choice traders could take.

today critical levels to watch:

Support: 0.9000, 0.8920, 0.8900

Resistance: –

GBP/JPY

GBP/JPY closed near 135.00 support level in the previous trading day. The pair continue lower in today trading session as Pound sterling take hit. Despite the bearish situation, it seems the pair might be able to recover and close above the trendline. If a close above trendline happens then it is possible a bounce will happen.

Today Critical level to watch:

Support: 135.00

Resistance: 136.00, 137.40

GBP/CHF

No change to the bearish situation, the pair continues moving lower inside the channel and recently bounced from the top of the channel. The breakout below 1.2300 will provide traders the opportunity to enter short positions when retracement toward 1.2300 happen.

Today critical levels to watch:

Support:

Resistance: 1.2300, 1.2500