EUR/JPY
EUR/JPY continues to move upward steadily, maintaining its bullish structure. The pair is now approaching the previous swing high, which will act as the next key resistance level. The current momentum remains supportive of further upside. A break above the swing high could confirm continuation of the bullish trend. However, traders will also stay cautious for potential rejection at this level.
Today’s critical levels to watch:
Support: 182.583, 182.00, 180.54, 180.00
Resistance: 183.40, 185.84
EUR/GBP
EUR/GBP bounced from the 0.8700 support level, but the rebound lacks strong momentum. The price is currently hovering near this level, suggesting indecision between buyers and sellers. As long as the pair remains above 0.8700, there is still a chance for a gradual upward move. However, without stronger bullish momentum, the upside could remain limited. Traders will watch how the daily candle closes to determine whether the level can hold.
Today’s critical levels to watch:
Support: 0.8700, 0.8600, 0.8580
Resistance: 0.8750, 0.8800, 0.8850, 0.8920
GBP/JPY
GBP/JPY continues its upward movement, maintaining strong bullish momentum. The pair is now trading near the top of its recent range and is approaching the previous swing high. Further upside is possible if momentum holds, with a potential test of higher resistance levels. However, as price reaches these elevated levels, traders will remain cautious of possible rejection or consolidation.
Today’s Critical level to watch:
Support: 211.50, 210.00, 208.00, 207.00
Resistance: 214.965
GBP/CHF
GBP/CHF is building bullish pressure after holding above the 1.0600 level. The recent price action suggests a gradual recovery, with buyers stepping in consistently. As long as the pair stays above 1.0600, the bullish bias remains intact. A continuation higher could push the price toward the next resistance levels. Traders will monitor whether momentum can sustain this upward move.
Today’s critical levels to watch:
Support: 1.0500, 1.03599
Resistance: 1.0600, 1.0660, 1.0800