EUR/JPY

EUR/JPY closed lower yesterday but no major change to the current scenario. The pair expected to continue its upward movement and target the 127.00 resistance level. If there is no breakout and the pair rejected from the resistance level then we will expect sideways movement inside the orange area.

Today critical levels to watch:

Support: 125.00, 123.30

Resistance: 127.00

EUR/GBP

EUR/GBP jumped and tested the green box area. The test on the box area resulted in a rejection. However, the bull building further bullish pressure today and set to retest the box area again. It seems the bull will continue to push the pair higher and make a breakout. If a breakout happens then 0.9300 will become the next target.

today critical levels to watch:

Support: 0.9000, 0.8920

Resistance: 0.9100, 0.9300

GBP/JPY

GBP/JPY rejection from the 140.00 resistance level brought the pair lower and tested the 137.75 level yesterday. The pair currently under bearish pressure and might retest the level. Traders will monitor the test on the support level. If a bullish bounce happens then we might see another bullish attempt on 140.00.

Today Critical level to watch:

Support: 137.75, 136.00, 135.00, 132.50

Resistance: 140.00, 142.50

GBP/CHF

GBP/CHF losing ground but managed to close the day inside the 1.1870 – 1.2000 area yesterday. However, the pair resumed its bearish pressure and it falls below 1.1870 today. Will the pair continue its bearish movement and reach the 1.1750 support level next?

Today critical levels to watch:

Support: 1.1750

Resistance: 1.1870, 1.2000, 1.2200, 1.2300