EUR/JPY

EUR/JPY seems continuing its consolidation near the 127.00 resistance level. The pair currently moving upward and will attempt to test the 127.00 resistance level again. Traders will continue waiting for further clues near the resistance level. If the pair rejected with a strong bearish reaction and a lower low printed then traders will prepare for a bearish correction toward 125.00.

Today critical levels to watch:

Support: 125.00, 123.30

Resistance: 127.00

EUR/GBP

EUR/GBP made a neutral close yesterday and set to continue its consolidation near the 0.9000. There is no major clue on the pair’s next direction yet. The pair currently might continue whipsawing near the 0.9000 support level.

today critical levels to watch:

Support: 0.9000, 0.8920

Resistance: 0.9100, 0.9300

GBP/JPY

GBP/JPY closed near 140.00 level which provides traders with no clue yet on the next direction. We think the pair has higher odds to continue its bullish movement and target 142.50 next. At the current time, it is better to continue to monitor the pair reaction near 140.00.

Today Critical level to watch:

Support: 140.00, 137.75

Resistance: 142.50

GBP/CHF

GBP/CHF closed the day near its opening level yesterday. The pair will continue trading inside the yellow box area for now. If the pair moves lower toward 1.1870 or 1.1750 then traders could consider entering long positions on a bullish reaction.

Today critical levels to watch:

Support: 1.1870, 1.1750, 1.1600

Resistance: 1.2000, 1.2200, 1.2300