EUR/JPY

EUR/JPY pointing upward, but we could say the pair is sideways for few days. 170.00 could be the swing low for the pair to resume upward movement toward 177.328. However, if the pair turn lower again, then it might target the trend line for test. Traders who has long positions will place stop order below 170.00 or the latest swing low.

Today’s critical levels to watch:

Support: 170.00, 166.50, 165.00, 163.00

Resistance: 173.00, 175.00

EUR/GBP

EUR/GBP has not shown bullish reactions since the rejection from 0.8700 – 0.8750 area. The pair might continue moving lower to test the latest swing low. On the lower side, a close below 0.8580 will cancel the current bullish outlook and open the path toward 0.8500 – 0.8525.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8530, 0.8500, 0.8430, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY recover completed after the massive bearish breakout. It seems the bull still in control and now might attempt to trigger stops above 200.00. The odds are high for bullish continuation, but, another massive bearish rejection which clear the latest swing low at 195.00 will cancel all bullish outlook.

Today’s Critical level to watch:

Support: 195.00, 193.50, 190.00, 188.00

Resistance: 198.00, 200.00

GBP/CHF

GBP/CHF continue moving upward since it managed to close 1.0800. We have abandoned the bearish scenario now and see the pair continue the bullish movement. If the pair turn lower and reach 1.0800, then traders could use it as a chance to enter long positions on bullish reactions. 1.1060 – 1.1100 will become the bullish target to watch.

Today’s critical levels to watch:

Support: 1.0800, 1.0600, 1.0500

Resistance: 1.1000, 1.1200