EUR/JPY

EUR/JPY pushed lower and tested the 123.30 support level. The test on the support level produced a bullish pin bar pattern. There is a bullish attempt above the pattern high but the bear currently in control. If the pair pushed lower and closed below 123.30 then traders will expect further bearish movement toward 121.50.

Today critical levels to watch:

Support: 123.30, 121.50

Resistance: 125.00, 127.00

EUR/GBP

EUR/GBP hovers near the green area and waiting for a reaction from the area. There is a bullish attempt today and yesterday. Will the pair continue upward and retest the 0.9300 resistance again? Alternatively, will it swing lower and target the 0.9000?

today critical levels to watch:

Support: 0.9100, 0.9000

Resistance: 0.9300

GBP/JPY

GBP/JPY is under pressure today but no breakout from the 135.00 – 136.00 area yet. The pair might settle inside the area and continue its ranging movement. However, the bear seems to have the upper hand and might trigger a breakout toward 132.50 in the coming weeks.

Today Critical level to watch:

Support: 135.00

Resistance: 136.00, 138.50, 140.00

GBP/CHF

GBP/CHF maintained the position above 1.1750 yesterday. There is no bearish continuation which means the pair could continue its bullish correction toward the 1.1870 resistance level. However, if the pair closes below 1.1750 then traders could enter short positions.

Today critical levels to watch:

Support: 1.1600, 1.1500

Resistance: 1.1750, 1.1870, 1.2000