EUR/JPY

EUR/JPY bullish attempt rejected at the trendline. The pair currently traded flat while waiting for further bullish follow-through. No clear direction yet for the pair and we think the next direction will be settled after the Fed interest-rate decision.

Support: 120.00

Resistance: 121.00, 121.50, 122.00

EUR/GBP

EUR/GBP gains upward momentum after the bounce from 0.8920. The pair currently traded near the bottom of its previous bullish channel. It might return inside the channel and continue the bullish trend. No positions suggested for now as long positions will be a long position near resistance. It is better to wait until bearish correction happens before entering long positions.

today critical levels to watch:

Support: 0.8920, 0.8900

Resistance: 0.9000

GBP/JPY

The bullish movement of GBP/JPY only lasts for short-term after the pair rejected from 135.00 – 136.00 area. Today, the pair move lower and reach the bottom trendline. We might see the pair stall at the support level and waiting for FOMC meeting this week.

Today Critical level to watch:

Support: 134.00

Resistance: 135.00, 136.00, 137.40

GBP/CHF

GBP/CHF bounces or returns inside the bearish channel? That is the major question to ask at the current time. Long positions are not suggested until the pair could form a bullish pattern and close above 1.2300. On the other hand, short positions near 1.2300 could be considered.

Today critical levels to watch:

Support: 1.2300

Resistance: 1.2500