EUR/JPY

EUR/JPY closed near the 127.00 resistance level. The pair once again at a crucial moment. If a bullish breakout with strong momentum happens then the pair set to continue the long-term bullish trend. On the other hand, if a major bearish pattern is formed then traders will expect another setback toward 125.00 or lower.

Today critical levels to watch:

Support: 125.00, 123.30

Resistance: 127.00, 128.00

EUR/GBP

EUR/GBP direction is pointed to the downside. The pair is under pressure today and testing the previous week’s low. We think the pair will continue its bearish movement toward the 0.8750 support level. At the current time, traders will wait for the pair to reach 0.8750 to place long positions.

today critical levels to watch:

Support: 0.8750

Resistance: 0.8860, 0.8920, 0.9000

GBP/JPY

The breakout above 142.50 gain more bullish pressure and set to target 145.00. There is no change to the analysis yet for now. Traders who have long positions could continue to hold the positions. If a bearish correction happens then 142.50 is the level to look for long positions.

Today Critical level to watch:

Support: 142.50, 140.00, 137.75

Resistance: 145.00, 147.50

GBP/CHF

GBP/CHF cleared the resistance level today, the pair launch upward and soon will reach the 1.2300 resistance level. If there is no major bearish reaction then the pair might extend its bullish movement above the 1.2300 resistance level toward 1.2500.

Today critical levels to watch:

Support: 1.2200, 1.2000

Resistance: 1.2300, 1.2500