EUR/JPY

EUR/JPY situation has not changed, with the price trading inside the triangle pattern. Consolidation will continue and traders will wait until the pair breakout and close outside the range. At the current time, it is better to wait and see until actual breakout happen. When breakout happen, it might happen with strong momentum.

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00

Resistance: 163.00, 165.00

EUR/GBP

EUR/GBP closed below the 0.8500 and there is bullish attempt today. However, the bullish attempt immediately lost pressure and the pair seems to will close below 0.8500. If the pair resume the bearish movement, then it will target 0.8400 – 0.8430 area.

Today’s critical levels to watch:

Support: 0.8430, 0.8400

Resistance: 0.8500 , 0.8530, 0.8580, 0.8600, 0.8700, 0.8750

GBP/JPY

GBP/JPY situation is the same as EUR/JPY, it is sideways and currently stick near the 190.77 level. The pair will keep moving sideways for now, with range between two trend lines. Also, the 188.00 – 193.50 area is the range to watch too. When the pair breakout and close outside the range, traders will get confirmation on the next direction.

Today’s Critical level to watch:

Support: 188.00

Resistance: 190.00, 193.50, 195.00

GBP/CHF

GBP/CHF breakout and move below latest consolidation range low. However, the bearish pressure receded, and the pair make a pullback toward the breakout point. It seems a false breakout has happened, and it could become a strong reason for bullish continuation. On the upside, 1.1100 is the major resistance level to watch.

Today’s critical levels to watch:

Support: 1.0800, 1.0600, 1.0500

Resistance: 1.1000, 1.1200,