EUR/JPY

EUR/JPY extend its bearish drop and reached 117.80 support level today. The pair bearish pressure expected to continue mount and bring the pair down toward 115.80. At the current time, traders will observe the pair closing level. A close below 117.80 is the confirmation to continue to hold short positions.

Today critical levels to watch:

Support: 117.80, 115.80

Resistance: 119.20, 120.00

EUR/GBP

EUR/GBP smoothly moves lower and getting ready to target 0.8750. No change to the bearish direction yet, yesterday there is a bullish reaction but it might not enough to reverse current bearish sentiment. When the pair reach 0.8750 traders could consider long positions.

today critical levels to watch:

Support: 0.8750

Resistance: 0.9000, 0.9300, 0.9500

GBP/JPY

GBP/JPY slightly lower from the 135.00 – 136.00 handle. The pair has moved below the previous day low and might start a bearish continuation. If the bearish movement started then traders will target 130.00 support level.

Today Critical level to watch:

Support: 132.00, 130.00, 128.20

Resistance: 135.00, 136.00

GBP/CHF

We have a touchdown on the 1.2000 resistance level without any major bearish reaction. The pair might continue testing the resistance level while waiting for a reaction. As long as there is no major bearish reaction then GBP/CHF can extend its bullish close above 1.2000.

Today critical levels to watch:

Support: 1.1200

Resistance: 1.2000