EUR/JPY

EUR/JPY made a bullish bounce from the 167.14 level and attempted to continue the bullish movement. The pair might continue trading sideways near the current level until this week’s Fed FOMC meeting. Traders will continue to observe the pair movement near the current level. If the pair continue the bearish correction then 163.662 might become the bearish target to watch.

Today’s critical levels to watch:

Support: 163.00, 162.00, 160.00

Resistance: 165.81, 167.14

EUR/GBP

EUR/GBP made another bearish close with a full bearish candlestick yesterday. There is no bearish continuation in today’s trading session. The pair attempting to make a bullish recovery but losing the upward pressure. We might see the pair continue under bearish pressure and print a new lower low. When the pair manage to print a new lower low the bearish trend will continue.

Today’s critical levels to watch:

Support: 0.8400, 0.8325

Resistance: 0.8580, 0.8600, 0.8700, 0.8750

GBP/JPY

GBP/JPY bearish correction lasted only for a short while. The pair currently trading upward and will attempt to extend the bullish movement. On the upside, 200.00 is the major number to watch as a resistance level. If the pair start moving lower again then 188.50 could become the bearish target to watch.

Today’s Critical level to watch:

Support: 190.00, 188.50, 186.00, 184.00

Resistance: 200.00

GBP/CHF

GBP/CHF gaining and surpassing the previous swing high which means the bullish trend will continue. On the upside, 1.1530 and 1.1600 are the resistance levels to watch. Traders will wait for the pair to reach the resistance levels and show reactions. When the pair form bearish reactions, traders will wait near support level for chance to add more long positions.

Today’s critical levels to watch:

Support: 1.1200, 1.1100

Resistance: 1.1530, 1.1600, 1.1750