EUR/JPY
EUR/JPY continues to maintain its underlying bullish pressure, though the price action is mostly ranging for now. Following the recent push to new highs, the pair is taking a breather and consolidating sideways. The overall structure remains firmly bullish, and traders will simply wait for the current pause to conclude. Once the bullish momentum resumes, the 188.46 Fibonacci extension level remains the immediate upside target.
Today’s critical levels to watch:
Support: 185.84, 183.40
Resistance: 190.00
EUR/GBP
EUR/GBP has managed to return above the pivotal 0.8700 level today after briefly slipping below it. Despite this upward push, the market remains somewhat indecisive. We might need to see more confirmation from the ongoing price reactions at this 0.8700 mark before determining the next major directional movement. A strong close and continuation above it could build a bullish case, while another rejection will put the bears back in control.
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 is experiencing slight bearish pressure today, but the price mostly remains stuck inside yesterday’s trading range. This inside-bar consolidation suggests a temporary pause rather than a reversal. We maintain a bullish outlook for the pair as long as the current upward structure holds. Buyers are still in control and will be looking toward the 217.08 resistance level—which aligns with the 127.2% Fibonacci extension—as their next major target.
Today’s Critical level to watch:
Support: 211.50, 210.00, 208.00, 207.00
Resistance: 214.965
GBP/CHF
GBP/CHF is still stuck near the critical 1.0600 resistance level as the market continues its tight consolidation. The pair has shown virtually no significant directional momentum over the past few sessions, reflecting deep indecision between buyers and sellers right at this barrier. Traders will likely remain on the sidelines until a clear breakout above 1.0600 or a strong bearish rejection provides a definitive signal for the next trend.
Today’s critical levels to watch:
Support: 1.0500, 1.03599
Resistance: 1.0600, 1.0660, 1.0800