EUR/JPY

EUR/JPY experienced a bearish push and moved down to test the rising trend line. However, buyers reacted quickly at that area and pushed the pair higher again. The daily candle is now forming a pin bar pattern, which could become an important confirmation that the broader uptrend will continue. As long as the trend line holds, the bullish structure remains intact and traders will keep watching for another push higher.

Today’s critical levels to watch:

Support: 185.84, 183.40

Resistance: 190.00

EUR/GBP

EUR/GBP made another bullish attempt today, but just like yesterday, the move quickly lost momentum. The pair has turned back lower and is now trading not far from its opening level. This price action shows that buyers still lack the strength to reverse the broader trend. For now, direction remains bearish, but traders will wait for stronger confirmation before expecting a more decisive continuation lower.

Today’s critical levels to watch:

Support: 0.8600, 0.8580

Resistance: 0.8700, 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY turned lower and tested the previously broken swing high, where buyers stepped in and triggered a bounce. This reaction suggests that the old breakout level is now acting as support. Because of that, the bullish structure remains intact despite the pullback. We continue to maintain the 127.2% Fibonacci extension at 217.08 as the upside target.

Today’s Critical level to watch:

Support: 211.50, 210.00, 208.00, 207.00

Resistance: 214.965

GBP/CHF

GBP/CHF has broken out from the green box consolidation area and successfully reached the 1.0660 level. This breakout keeps the current situation bullish and suggests that buyers are taking control. The next question is whether the pair can continue upward immediately or if it will face a rejection from current levels first. Traders will closely observe the price reaction near 1.0660 for the next clue.

Today’s critical levels to watch:

Support: 1.0600, 1.0500, 1.03599

Resistance: 1.0660, 1.0800