EUR/JPY

EUR/JPY bearish correction seems added more momentum and currently fall below 125.00. The pair bearish momentum has not created a lower low which means there is a chance for the bull to reverse the bearish pressure. Traders will observe the weekly closing level to determine next week’s trend.

Today critical levels to watch:

Support: 125.00, 123.30, 121.50

Resistance: 127.00

EUR/GBP

EUR/GBP made a bearish movement and closed below 0.9000 yesterday. The pair might have lost the chance to continue its bullish trend. At the current time, the pair range span between 0.8920 – 0.9000. Further bearish movement below 0.8920 will cancel the bullish outlook and let the pair move lower toward 0.8700 – 0.8750.

today critical levels to watch:

Support: 0.8920, 0.8750, 0.8700

Resistance: 0.9000, 0.9100, 0.9300

GBP/JPY

GBP/JPY making further consolidation near the 140.00 resistance level. The pair will attempt to break out above the resistance level. However, if the bearish pressure continues to mount then we might see a bearish correction toward 135.00 – 136.00 area.

Today Critical level to watch:

Support: 136.00, 135.00

Resistance: 140.00

GBP/CHF

No breakout from the 1.1870 – 1.2000 area yet. GBP/CHF continues to stick near the 1.2000 resistance level and looking for the chance to breakout higher. Traders will continue to apply ranging strategies inside the 1.1870 – 1.2000 for now until breakout happens.

Today critical levels to watch:

Support: 1.1867, 1.1750, 1.1730

Resistance: 1.2000