EUR/JPY

EUR/JPY reversed its loss yesterday and closed as a bullish pattern. The pattern confirmed to the upside today but return below its opening level again. EUR/JPY next direction still uncertain for now but traders might want to assume that the long-term bearish trend could continue anytime.

Today critical levels to watch:

Support: 115.80, 114.80

Resistance: 116.00, 116.30

EUR/GBP

EUR/GBP is testing the mid-April high and looks will breakout above it. There is a bullish reaction in today’s trading session but no breakout yet. If the pair could close above the mid-April high at the end of the week then traders will expect further bullish pressure toward 0.8920 – 0.9000.

today critical levels to watch:

Support: 0.8750, 0.8700

Resistance: 0.8862, 0.8920, 0.9000

GBP/JPY

GBP/JPY reached the level near 130.00 and produces a bullish reaction yesterday. We have a bullish pin bar pattern but no confirmation yet that the pair will start moving upward. The pair may move lower and retest the 130.00 support level again.

If a bounce happens then GBP/JPY might target 132.50 – 133.00 and 135.00 – 136.00

Today Critical level to watch:

Support: 130.00, 128.20

Resistance: 132.50, 133.00, 134.50

GBP/CHF

GBP/CHF is under pressure near 1.0867 but no breakout below the level yet. At the current time, the pair is making consolidation near the level and waiting for further reaction. If the pair could close below the level then traders will expect long-term bearish continuation.

Today critical levels to watch:

Support: 1.1867

Resistance: 1.2000