EUR/JPY

EUR/JPY maintains the position near the top and waiting for further bullish pressure. The pair might consolidate and continue bearish correction to target the 154.00 – 155.00 area. At the current time, traders will continue to hold long positions while waiting for a bearish pullback. If the pair manages to reach the 154.00 – 155.00 area and form bullish reactions then traders could enter long positions.

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 trading upward and near the 0.8580 – 0.8600 area. The pair will test the area and wait for reactions. When the pair get rejected with strong bearish reactions then traders could enter short positions. A close above 0.8600 and a new higher swing high will confirm a bullish reversal. As the pair formed a new lower low recently, traders better waiting for a chance to enter short positions.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY pointed upward at the beginning of the week and might start moving upward again. However, if the pair starts moving lower again then the 182.45 level will become the bearish target to watch. Traders will wait near 182.45 for a bullish reaction to enter more long positions. On the lower side, a close below 178.50 might become the bearish reversal confirmation.

Today’s Critical level to watch:

Support: 182.45, 178.50, 172.00, 170.00, 168.50

Resistance:

GBP/CHF

GBP/CHF extended the bearish movement after the rejection from the 1.1200 level. The pair will attempt to print a new lower swing low to confirm a bearish continuation. Traders who enter short positions from 1.1200 will continue to hold the positions for now. As long as the pair continue printing a new lower swing low and lower swing high, traders could continue maintain bearish outlook.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750