EUR/JPY

A bounce from 120.30 support level happened yesterday and EUR/JPY closed near Friday opening level. It could mean the bearish pressure invalidated by the current bullish movement and EUR/JPY could continue its upward movement. 121.50 is the resistance to watch and a close above it is a bullish confirmation.

Today critical levels to watch:

Support: 120.30, 120.00

Resistance: 121.50, 122.00

EUR/GBP

The pair continues its consolidation for now and show no clue in the next direction. The long-term trend is bearish which suggests traders stick with short positions for now.

today critical levels to watch:

Support: 0.8500, 0.8400

Resistance: 0.8600, 0.8750

GBP/JPY

GBP/JPY made a bullish comeback yesterday and closed above 142.50. The closing level also higher than the previous Friday opening level, though still below the high. Today, there is a bullish follow-through by the bull. If the pair could close above previous Friday high then GBP/JPY expected to continue its bullish pressure toward 145.00.

Today Critical level to watch:

Support: 142.50, 141.00, 140.00

Resistance: 145.00

GBP/CHF

1.2700 provide support for GBP/CHF, the pair closed bullish inside Friday range. It formed a bullish harami pattern and traders will wait for breakout confirmation above the pattern. If a bullish confirmation happen then GBP/CHF expected to move higher to test 1.2900 resistance.

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900, 1.3000, 1.3060