EUR/JPY

EUR/JPY resumed the bearish movement today and managed to print a new lower low. However, the pair has made a recovery and currently trading near the opening level. The pair will attempt to move upward and retest the Fibonacci Retracement area. Traders could wait for bearish reactions near the area for a chance to add short positions.

Today’s critical levels to watch:

Support: 171.51, 170.00

Resistance: 176.66

EUR/GBP

EUR/GBP is attempting to move upward but keeps losing the bullish pressure. The pair might keep trading near 0.8400 for now and traders will wait for further reactions. If the pair resumes the bearish movement and prints a new lower swing low then the bearish trend will continue.

Today’s critical levels to watch:

Support: 0.8400, 0.8325

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

GBP/JPY

GBP/JPY continues the bearish pressure today and currently testing the 193.50 support level. A bullish bounce might happen in the pair and traders will wait sideline for now. When the pair could bounce upward, traders will wait near the resistance level for a chance to enter more short positions in the pair.

Today’s Critical level to watch:

Support: 193.50, 190.00

Resistance: 198.00, 200.00, 200.50, 208.86

GBP/CHF

GBP/CHF is mostly lower and managed to reach the 1.1200 – 1.1225 area today. The bearish pressure also printed a new lower swing low which means the bearish trend will continue. When the pair could bounce upward, traders will wait near resistance level for chance to enter short positions.

Today’s critical levels to watch:

Support: 1.1225, 1.1200

Resistance: 1.1360, 1.1530, 1.1600, 1.1750