EUR/JPY

EUR/JPY losing upward pressure and now a higher swing high is printed on the chart yet. The pair might turn lower and test the 154.00 – 155.00 area. If the pair could maintain the position above the area and bounce upward with strong bullish momentum then the bullish trend could continue. On the other hand, if the pair continue to fall and print a new lower low then the trend might turn bearish.

Today’s critical levels to watch:

Support: 155.00, 154.00, 151.50, 148.50

Resistance: 160.00, 162.87, 171.00

EUR/GBP

EUR/GBP building more bullish pressure above 0.8580 – 0.8600 and trying to reverse the current bearish trend. If the bullish movement continues and manages to print a new higher swing high then the trend will turn bullish. At the current time, the pair manage to print a higher swing low around the 0.8580 – 0.8600 area.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY pushed lower from the 182.45 resistance level. The pair seems will continue trading between the 178.50 – 182.45 area and traders will monitor the pair’s reactions inside it. The next direction of the pair will be determined by breakout and close outside of the 178.50 – 182.45 area. Also the next higher swing high or lower swing low will determine the pair’s direction.

Today’s Critical level to watch:

Support: 178.50, 172.00, 170.00, 168.50

Resistance: 182.45

GBP/CHF

GBP/CHF resume the bearish trend after rejection from the 1.1200 resistance level. The pair fall with strong bearish momentum and it is a matter of time for the pair to print a new lower swing low. As the current trend is bearish, traders will continue hold short positions with stop above 1.1200 or previous swing high.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750