EUR/JPY

The bullish movement of EUR/JPYhas been confirmed as the pair continue further higher above 117.80. At the current time, the pair is not far from 119.20. It might reach the resistance level and target the 120.00 – 120.30 area next. Traders might want to wait for a bearish pullback before entering long positions.

Today critical levels to watch:

Support: 117.80, 116.30, 116.00,

Resistance: 119.20, 120.00

EUR/GBP

EUR/GBP fell below 0.8920 but immediately gain bullish momentum to close near 0.9000. The pair is testing the level near 0.9000 waiting for the chance to move and close above 0.9000. No conclusion yet at the current time, if the pair rejected with a strong bearish pattern then traders might want to prepare for the start of the downward movement toward 0.8920.

today critical levels to watch:

Support: 0.8920, 0.8862, 0.8750

Resistance: 0.9000

GBP/JPY

GBP/JPY continue sideway near the 132.50 – 133.00 area. The pair has not shown major bearish reaction, instead, higher high and higher low printed on the chart. If the bull could continue to maintain the upward pressure then we might see a breakout above 132.50 – 133.00 area soon.

Today Critical level to watch:

Support: 130.00, 128.20

Resistance: 132.50, 133.00, 134.50

GBP/CHF

GBP/CHF is slightly higher with a series of higher low and higher high. But no indication the pair will start moving further higher and close above 1.2000 again. We think the pair is testing the 1.8700 resistance level and waiting for a reaction. Traders will wait for a further reaction before placing any positions.

Today critical levels to watch:

Support: 1.1700, 1.1500

Resistance: 1.1867, 1.2000