EUR/JPY

EUR/JPY made a bearish close below 123.30 support level yesterday. The pair extended its bearish movement today but no movement below the previous day low yet. Similar to the previous analysis, if the pair continues its bearish movement then 121.50 will become the downward target.

Today critical levels to watch:

Support: 121.50

Resistance: 123.30, 125.00, 127.00

EUR/GBP

EUR/GBP bullish attempt breach above the green box area. However, the bullish pressure recedes and the pair currently trades below its opening level. We think the pair will continue its movement inside the green box area while waiting for a breakout.

today critical levels to watch:

Support: 0.9100, 0.9000

Resistance: 0.9300

GBP/JPY

GBP/JPY closed below 135.00 and continue its bearish movement today. No-touch on the 132.50 support level yet but the pair show a bullish reaction. We think the pair will continue under pressure and reach 132.50 or eventually 130.00.

If the pair start to move higher then 135.00 – 136.00 will become the resistance to watch.

Today Critical level to watch:

Support: 132.50

Resistance: 135.00, 136.00

GBP/CHF

GBP/CHF closed below 1.1750 and continue its bearish movement today. However, the bearish pressure immediately reversed, and currently GBP/CHF has returned near 1.1750. If the pair could close above 1.1750 then GBP/CHF set to continue moving upward and target 1.1870.

Today critical levels to watch:

Support: 1.1750, 1.1600, 1.1500

Resistance: 1.1870, 1.2000