EUR/JPY

EUR/JPY made a bullish jump and closed near the 127.00 resistance level. The pair is moving upward and testing the resistance level today. There is no breakout yet and no major bearish reaction. Traders will wait for a major reaction from the resistance level.

Will a breakout and bullish continuation happen? Alternatively, will the pair get rejected and continue its movement inside the orange box area?

Today critical levels to watch:

Support: 125.00, 123.30

Resistance: 127.00

EUR/GBP

EUR/GBP tick-tocking between 0.9000 and the green box area. There is no change to the situation yet, traders could use the moment to continue trading the range for now. Wait for a breakout from the range before deciding to place major long-term positions.

today critical levels to watch:

Support: 0.9000, 0.8920

Resistance: 0.9100, 0.9300

GBP/JPY

GBP/JPY has not broken the 140.00 resistance level. The pair continue to stick near the resistance level and inside the 137.75 – 140.00 range. At the current time, there is no conclusion yet and traders will continue waiting for a reaction from the resistance level.

Today Critical level to watch:

Support: 137.75, 136.00, 135.00, 132.50

Resistance: 140.00, 142.50

GBP/CHF

GBP/CHF printed a higher high above 1.2000 but the pair slip back below the level yesterday. At the current time, the pair might continue moving lower to test 1.1870 before it continues moving upward again. Long positions inside the yellow box area with a stop below the orange area could be considered.

Today critical levels to watch:

Support: 1.1870, 1.1750, 1.1600

Resistance: 1.2000, 1.2200, 1.2300