EUR/JPY

EUR/JPY attempts to move higher yesterday but it got rejected near the 123.30 resistance and closed the day on the bearish side. There is not much movement yet today as the pair trade near the opening level. Traders will wait for confirmation inside the 121.50 – 123.30 area.

Today critical levels to watch:

Support: 121.50, 120.30, 120.00

Resistance: 123.30, 125.00, 127.00

EUR/GBP

EUR/GBP failed to maintain the bullish pressure above 0.9000. The pair made bearish close and currently flip-flopping near the 0.9000 level. No conclusion yet on the pair next direction. If the pair could not print further higher high on the chart then traders might want to prepare for bearish continuation.

today critical levels to watch:

Support: 0.9000, 0.8920

Resistance: 0.9100, 0.9300

GBP/JPY

GBP/JPY made a bullish close near 136.00 and indicate the pair will continue ranging between 135.00 – 136.00. At the current time, the pair slightly lower from the 136.00. It is better to continue waiting for the pair to leave the 135.00 – 136.00 area before placing major positions.

Today Critical level to watch:

Support: 135.00, 132.50

Resistance: 136.00, 140.00, 142.50

GBP/CHF

GBP/CHF whipaswing near the 1.1870 resistance level without conclusion on the next direction. No change to the pair range of movement which span between 1.1750 – 1.1870. Traders will continue observe the pair movement for now.

Today critical levels to watch:

Support: 1.1750

Resistance: 1.1870, 1.2000