Forex Technical Cross Pairs Analysis | April 27, 2021

EUR/JPY

EUR/JPY made another bullish close yesterday near the top of the blue box area. Today, the pair continues its bullish movement and breakout above the top of the blue box area. New higher high printed mean the pair expected to continue its upward movement to target 131.50 – 133.00 area.

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Today critical levels to watch:

Support: 130.00, 128.00, 127.00, 125.00

Resistance: 131.50, 132.00

EUR/GBP

EUR/GBP continues to stick near the 0.8700 resistance level for now. The pair is waiting for a trigger to continue its upward movement and test the 0.8700 – 0.8750 area again. If the pair could break out and close above the area then the bullish trend is assured.

today critical levels to watch:

Support: 0.8600, 0.8500, 0.8400

Resistance: 0.8700, 0.8750, 0.8860

GBP/JPY

GBP/JPY managed to secure back 150.00 support level. The pair launch upward from the level today and set to continue its bullish trend. On the upside, 153.50 is the nearest resistance level to the target. Above it, there is 156.58 which might become a major level to watch.

Today Critical level to watch:

Support: 150.00, 147.50, 145.00

Resistance: 152.00, 153.50, 156.58

GBP/CHF

GBP/CHF continues to stick near the 1.2700 support level for now. The pair attempting to build more bullish pressure to bounce and continue the bullish trend. At the current time, the pair might continue trading between 1.2700 – 1.2800.

Today critical levels to watch:

Support: 1.2700, 1.2500, 1.2300

Resistance: 1.2800, 1.2900

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