EUR/JPY
EUR/JPY remains inside the large bearish candlestick range with no clear breakout. Momentum has slowed, and price is consolidating near the upper portion of the range. The bullish structure is still valid above the trend line, but buyers need to break above 182.00 to extend the bullish trend. If price makes a deeper pullback, watch the Fibonacci zone and the trend line as potential demand areas where buyers may step in again.
Today’s critical levels to watch:
Support: 180.54, 180.00, 178.765, 175.00,
Resistance: 182.00
EUR/GBP
EUR/GBP continues to move lower after breaking below the rising trend line earlier this week. Today’s price action shows weakness as the pair trades below the 0.8750 area, strengthening the bearish outlook. As long as the price stays under the broken trend line, sellers remain in control and further downside toward 0.8700 and 0.8600 is possible. A bullish recovery can only be considered if the pair climbs back above 0.8750 and retests the trend line, but for now the bias stays bearish.
Today’s critical levels to watch:
Support: 0.8700, 0.8600
Resistance: 0.8750, 0.8800, 0.8850, 0.8920
GBP/JPY
GBP/JPY continues its upward movement and remains in a strong bullish trend. Price is hovering just below resistance and preparing for another push higher. As long as the pair holds above 205.00, the bullish structure remains intact. A breakout above 207.50 will confirm upward continuation and may bring price closer to the 161.8% Fibonacci extension. A drop below 205.29 would be the first sign of weakening momentum.
Today’s Critical level to watch:
Support: 205.00, 200.00, 198.00, 195.00
Resistance: 207.00
GBP/CHF
GBP/CHF extended its bullish move today and continues to climb after breaking above 1.0660. Price has now pushed above the 1.0660 area and is approaching the next resistance at 1.0800. If buyers maintain control, the bullish reversal will strengthen and open the path toward 1.1000 – 1.1200. Pullbacks toward 1.0660 or 1.0600 may offer long-entry opportunities, while the structure remains bullish.
Today’s critical levels to watch:
Support: 1.0600, 1.0500
Resistance: 1.0800, 1.1000, 1.1200