EUR/JPY

EUR/JPY managed to close the day on the positive side yesterday, though the closing level below 123.30. Today, there is a bullish attempt but it seems the pair rejected from the 123.30. If the pair closed below 123.30 at the end of the week then we might see further bearish pressure toward 121.50.

On the other hand, if the pair could close above 123.30 then traders will expect a bullish attempt toward 125.00.

Today critical levels to watch:

Support: 121.50, 120.30, 120.00

Resistance: 123.30, 125.00, 127.00

EUR/GBP

EUR/GBP started a consolidation between 0.8920 – 0.9000 at the current time. The pair is testing the 0.8920 level and looking for a bounce from it. No conclusion yet on the pair’s next direction yet. Traders will wait for a breakout from the range for now.

today critical levels to watch:

Support: 0.8920, 0.8750, 0.8700

Resistance: 0.9000

GBP/JPY

GBP/JPY closed below 137.75 but managed to minimalized the loss happens. The pair currently move upward and stick near the 137.75 level. It seems the pair might close the week near 137.75 and set up for the coming week’s movement. We still think the pair could continue its bullish movement and surpass 140.00.

Today Critical level to watch:

Support: 136.00, 135.00, 132.50

Resistance: 137.75, 140.00, 142.50

GBP/CHF

We draw two trendlines on the GBP/CHF daily chart. The pair currently ranging between 1.2000 and the top trendline. On the long-term view, the pair trend is bullish and needs a breakout above the trendline. Without breakout, the pair expected to continue moving between the two trendlines.

Today critical levels to watch:

Support: 1.2000, 1.1870, 1.1750

Resistance: 1.2300