EUR/JPY

EUR/JPY trend is bullish and a bearish correction is a chance for traders to enter long positions. At the current time, the pair is trading at the 134.50 – 135.00 area. If the pair continues moving lower then traders could use the 133.50 and 132.00 levels for a chance to enter long positions.

Today’s critical levels to watch:

Support: 135.00, 134.50, 133.50, 132.00, 131.50

Resistance: 137.00

EUR/GBP

EUR/GBP pushed lower and currently trading near the broken trendline also 0.8325. No bullish reaction yet which means no confirmation to enter long positions yet. Traders will wait for a bounce reaction from the level and enter long positions with 0.8500 as an initial target.

Today’s critical levels to watch:

Support: 0.8325, 0.8100

Resistance: 0.8400, 0.8500

GBP/JPY

GBP/JPY pointing upward and set to continue the bullish trend. The pair trend is expected to continue bullish and traders will hold long positions. If the pair restart the bearish correction toward 158.15 and 156.58 then traders could use the bearish correction as a chance to enter long positions.

Today Critical level to watch:

Support: 158.15, 156.58

Resistance: 160.00

GBP/CHF

GBP/CHF mostly sideways after printed a lower swing low. The pair slowly moving upward but with no strong momentum. If the pair resume the bearish movement then 1.2000 is the bearish target. However, if the pair start moving upward again and cross above 1.2360 then a double bottom pattern is formed and the trend will switch from bearish to bullish.

Today’s critical levels to watch:

Support: 1.2000

Resistance: 1.2300, 1.2500, 1.2600, 1.2700