Forex Technical Cross Pairs Analysis | September 30, 2020

EUR/JPY

EUR/JPY made a bullish close above the 123.30 level. The pair might continue its bullish movement and target the 125.00 resistance level. However, the pair currently pushed lower and set to test the 123.30 level. If the pair breaks lower then we will expect continuation toward 121.50 support level.

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Today critical levels to watch:

Support: 123.30, 121.50

Resistance: 125.00, 127.00

EUR/GBP

EUR/GBP whipsawing below the green box area but managed to secure a bullish close yesterday. The pair currently stick near the green box area and waiting for the trigger to move. UK Brexit development might continue to add volatility to the pair movement at the current time.

today critical levels to watch:

Support: 0.9100, 0.9000

Resistance: 0.9300

GBP/JPY

GBP/JPY made another bullish close but no breakout of the 135.00 – 136.00 area yet. The pair slightly lower from the 136.00 level and soon will test 135.00. As long as there is no breakout, traders will continue waiting sideline for now.

Today Critical level to watch:

Support: 135.00, 132.50, 130.00

Resistance: 136.00

GBP/CHF

GBP/CHF was rejected from the 1.1870 resistance level and closed below Monday low. The pair might start moving lower and target the 1.1750 support level again. On the lower side, there is a bullish trendline to watch too. Traders could use the moment to enter short positions with a stop above the previous day high or the Monday high.

Today critical levels to watch:

Support: 1.1750, 1.1600, 1.1500

Resistance: 1.1870, 1.2000

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