EUR/JPY

EUR/JPY upward movement almost reached the trendline. The pair make a bearish movement today before reaching the level. As mentioned in the latest analysis, if the pair makes a bearish movement then it might target the 140.50 support level. On the upside, the pair will target the 148.50 – 151.50 area when a bullish breakout happens.

Today’s critical levels to watch:

Support: 140.50, 137.40

Resistance: 145.00, 148.50, 151.50

EUR/GBP

EUR/GBP is under bearish pressure again today but no breakout below the 0.8580 – 0.8600 area. The pair continues to stay above the area and maintain the close above it. As long as the pair stays above the area then there is no bearish confirmation yet. If the pair could bounce with strong bullish momentum then it will target the 0.8700 – 0.8750 area.

Today’s critical levels to watch:

Support: 0.8600, 0.8580

Resistance: 0.8700, 0.8750, 0.8900, 0.9000

GBP/JPY

GBP/JPY slowly moving upward toward the 168.50 level. There is no change to the situation yet and traders will wait until the pair reach the level before deciding to enter positions. At the current time, the pair range span between 164.00 – 168.50 which mean traders will continue to apply range trading strategies.

Today Critical level to watch:

Support: 164.00, 161.00, 156.58, 153.50

Resistance: 168.50, 170.00

GBP/CHF

GBP/CHF mostly sideways below the 1.1530 – 1.1600 area. The pair is waiting for further reactions from the level to confirm the next direction. If the pair could climb and close above 1.1600 then the bullish trend could continue. On the other hand, if the pair start moving lower then 1.1200 will become the bearish target.

Today’s critical levels to watch:

Support: 1.1200, 1.0500, 1.0000

Resistance: 1.1530, 1.1600, 1.1750