EUR/JPY

EUR/JPY showed slight bearish reaction today but maintain the position near high. No conclusion yet on the current situation, the pair might attempt to move higher again to target the previous swing high. However, if the pair turn lower from the current level, then we will have a lower swing high which might open the chance of bearish reversal.

Today’s critical levels to watch:

Support: 183.40, 182.583, 182.00, 180.54, 180.00

Resistance: 185.84

EUR/GBP

EUR/GBP launched upward after it reached the 127.2% Fibonacci Extension level, also after printed a new lower swing low. It is up to the bear to reverse the pair lower again or let the pair climb above 0.8750 to cancel the bearish outlook. We still have lower swing low and lower swing high structure, which mean the situation is 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 turn lower after the 215.00 resistance test. Overall, the situation stays bullish, and the pair might attempt to climb higher again. On the lower side, a movement below 209.58 might confirm a bearish reversal. Under current situation, there is no change to the bullish situation and no confirmation to short yet.

Today’s Critical level to watch:

Support: 210.00, 208.00, 207.00

Resistance: 211.50, 214.965

GBP/CHF

GBP/CHF extended the bearish movement below 1.066 and reached the 161.8% Fibonacci Extension level. The pair has been in bearish trend again since the close below 1.066 level. On the upside, a close above 1.066 will become initial confirmation of bullish reversal. On the lower side, the pair might target to print a new lower swing low.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0660, 1.0800, 1.1000, 1.1200