EUR/JPY

No change yet on EUR/JPY direction, the pair range compressed near 127.00 which means it is under consolidation period. Traders will continue waiting for the pair to move. If bullish movement happens then EUR/JPY is set to test 127.00 and looking for a breakout above it.

Today critical levels to watch:

Support: 125.00, 123.30

Resistance: 127.00

EUR/GBP

EUR/GBP continues moving with high volatility near the green box area. The pair opened lower yesterday but managed to regain most of its losses. Traders will continue to monitor the pair reaction near the green box area. Traders who have long positions could continue holding it for now.

today critical levels to watch:

Support: 0.9000, 0.8920

Resistance: 0.9100, 0.9300

GBP/JPY

GBP/JPY opened higher yesterday and attempted to move upward. The bullish pressure recedes and the pair closed lower at the end of the day. It seems the pair will continue moving with high volatility between 137.75 – 140.00 as the Brexit discussion resume.

Today Critical level to watch:

Support: 137.75, 136.00, 135.00, 132.50

Resistance: 140.00, 142.50

GBP/CHF

GBP/CHF move upward above the bullish pin bar high formed on Friday. The pair managed to reach the 1.1870 resistance level and produced a bearish reaction. The pair closed near Friday high which means the situation is neutral for now. Traders might want to continuously monitor the pair between the 1.1750 – 1.1870 area for now.

Today critical levels to watch:

Support: 1.1750, 1.1600

Resistance: 1.1870, 1.2000, 1.2200, 1.2300