EUR/JPY

EUR/JPY bounced from the 154.00 – 155.00 area and immediately reached the yellow box area. The pair might continue the upward movement for now and traders will wait for bearish reactions. When there is bearish reactions near the resistance level, traders could enter short positions.

Today’s critical levels to watch:

Support: 155.00, 154.00, 151.50, 148.50

Resistance: 160.00

EUR/GBP

EUR/GBP staged a bullish movement today, surpassing the consolidation range. However, the pair seems to have a hard time breaking above the 0.8600 resistance level. We might see the pair consolidating inside the 0.8580 – 0.8600 area for now and traders will wait for further reactions. If the pair could close above 0.8600 then the bullish correction movement could target the level around 0.8650.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY bounced from the 178.50 support level and managed to close inside the 182.45 – 184.00 area. The pair situation is bearish for the medium-long term. If the pair get rejected from the area then traders could enter short positions targeting the level below 178.50.

Today’s Critical level to watch:

Support: 178.50

Resistance: 182.45, 184.00, 186.00

GBP/CHF

GBP/CHF got rejected from the 1.1060 resistance level again. There is a bearish continuation in today’s trading session but no lower low printed on the chart yet. The pair might continue trading sideway with a bearish bias for now. Traders could continue adding short positions near the 1.1060 – 1.1200 area until a close above 1.1200 happen.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1060, 1.1100, 1.1200, 1.1530, 1.1600, 1.1750