EUR/JPY

No much progress in EUR/JPY consolidation near 117.80. The pair made another close near the support level and expected to extend its consolidation. Today, there is a bullish attempt to bring the pair higher. EUR/JPY currently testing the previous day high. Will the pair surpass the high and start a bullish correction to test the trendline?

Support: 117.80

Resistance: 120.00, 121.00

EUR/GBP

EUR/GBP consolidate inside the blue channel and rejected from the top of the channel yesterday. The pair expected to continue its consolidation inside the channel for now. Traders could use the channel as a reference level to take positions.

today critical levels to watch:

Support: 0.9100, 0.9000

Resistance: 0.9200, 0.9300

GBP/JPY

GBP/JPY slide lower from the top of 128.20 – 130.00 range. The pair bearish pressure reached the bottom of the range and bounced upward to close the day at its opening level. It is a confirmation that the pair will continue its consolidation inside 128.20 – 130.00 for now.

Today Critical level to watch:

Support: 128.20, 127.00, 125.00

Resistance: 130.00, 132,00

GBP/CHF

GBP/CHF erased the bearish pressure yesterday and closed near its opening level. The bounce also helped the pair to stay inside the channel. At the current time, the pair expected to continue its movement inside the channel with a bearish bias. On the upside, 1.2000 is the target level for upward movement.

Today critical levels to watch:

Support: –

Resistance: 1.2000, 1.2300