EUR/JPY

EUR/JPY under pressure and reach the 116.30 support level target. The pair might stick near the support level for now while waiting for a reaction. If the pair could bounce from the support level then it might target 117.80 resistance level. However, if bearish breakout happen then traders might want to observe 115.80 support level.

Today critical levels to watch:

Support: 116.30, 115.80

Resistance: 117.80, 119.20, 120.00

EUR/GBP

EUR/GBP bounced from the 0.8700 support level and finally climb above 0.8750 today. The pair has more upward potential in the coming days. If the bullish momentum maintained then EUR/GBP might continue its climb toward 0.9000.

today critical levels to watch:

Support: 0.8750, 0.8700

Resistance: 0.9000, 0.9300

GBP/JPY

GBP/JPY rejected from the 135.00 – 136.00 resistance area and fall with ample bearish momentum today. It seems the bearish sentiment confirmed and the pair might target 130.00 support level. When the pair reach 130.00 traders will observe the pair reaction. If there is a major bullish reaction the traders could enter long positions.

Today Critical level to watch:

Support: 130.00

Resistance: 134.50, 135.00, 136.00

GBP/CHF

GBP/CHF show bearish indication as the pair falls below 1.2000 today. If the bearish pressure continue to mount and there is strong bearish momentum then GBP/CHF expected to start a new bearish trend. Traders could use 1.2000 as the level to look for short positions.

Today critical levels to watch:

Support: 1.1600

Resistance: 1.2000