EUR/JPY

Not much reaction near 117.80 support level yet. The pair volatility slowly dies out near the support which might indicate further bearish movement in the future. Traders who look for long positions might want to become extra careful at the moment.

Support: 117.80

Resistance: 120.00, 121.00

EUR/GBP

EUR/GBP closed lower for fifth days since the rejection from 0.9300 resistance. The pair found support at the bottom of the channel and looking to bounce higher. No bullish indication yet, the pair might make another bearish attempt toward the bottom of the channel. Will EUR/GBP maintain the level inside the channel and consolidate inside it?

today critical levels to watch:

Support: 0.9100, 0.9000

Resistance: 0.9200, 0.9300

GBP/JPY

GBP/JPY returned inside 128.20 – 130.00 range and triggering consolidation inside the range. The pair looks will test the top of the range soon. If a breakout happens then we might see GBP/JPY continue its bullish movement toward the trendline.

Today Critical level to watch:

Support: 128.20, 127.00, 125.00

Resistance: 130.00, 132,00

GBP/CHF

GBP/CHF reached the bottom of the channel which completes the first upside target. The pair currently making attempt to extend its bullish movement to reach the top of channel and 1.2000. Even though it may reach both resistance levels, it is better for traders to stick with bearish positions until a close above 1.2000 happen.

Today critical levels to watch:

Support: –

Resistance: 1.2000, 1.2300