EUR/JPY

EUR/JPY steadily move lower and set to reach 115.80 support level. Traders could continue hold short positions for now while waiting for the pair to reach the support level. On the upside 117.80 is the level to watch for a possibility to add more short positions

Today critical levels to watch:

Support: 115.80

Resistance: 117.80, 119.20, 120.00

EUR/GBP

EUR/GBP has reached the level near 0.8750 today. Will the pair bounce from the support level and form a bullish pattern? Traders will wait in the lower time-frame chart to enter long positions when there is a bullish reaction. Without any bullish reaction, it is better to start sideline or hold short positions.

today critical levels to watch:

Support: 0.8750

Resistance: 0.9000, 0.9300, 0.9500

GBP/JPY

GBP/JPY slightly lower after the test of level near 135.00 – 136.00. The pair might start moving higher again and test the resistance area again. At the current time, traders will continue to hold long positions or stay sideline and wait for reaction near 135.00 – 136.00

Today Critical level to watch:

Support: 132.00, 130.00, 128.20

Resistance: 135.00, 136.00

GBP/CHF

GBP/CHF has reached the 1.2000 resistance, it is time to short? traders need to wait for a bearish pattern before entering short positions. At the current time, the pair has not printed any bearish pattern on the daily chart.

Today critical levels to watch:

Support: 1.1200

Resistance: 1.2000