EUR/JPY

EUR/JPY has shifted back onto a bullish track, with price trading higher and attempting to retest the recent swing high. Momentum has improved in the near term, though the broader structure remains conditional. A previously formed lower swing low means that a lower swing high would be required to confirm a bearish reversal. Until then, upside attempts remain valid.

Today’s critical levels to watch:

Support: 183.40, 182.583, 182.00, 180.54, 180.00

Resistance: 185.84

EUR/GBP

EUR/GBP posted a significantly higher close in the previous session, but no new higher swing high has been formed. The broader bearish structure remains intact, with price still capped below the 0.8700 level. As long as this resistance holds, the pair remains vulnerable to renewed downside pressure. On the upside, a close above 0.8700 or new higher swing high could become confirmation of bullish continuation to retest 0.8750.

Today’s critical levels to watch:

Support: 0.8700, 0.8600

Resistance: 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY shows a similar setup to EUR/JPY, with price rebounding higher after recent bearish pressure. Near-term situation is neutral and the pair might continue consolidating near the current level. However, the bullish bias would be invalidated if a new lower swing low is printed. On the upside, 215.00 is the key resistance level to watch.

Today’s Critical level to watch:

Support: 210.00, 208.00, 207.00

Resistance: 211.50, 214.965

GBP/CHF

GBP/CHF remains bearish, having already printed a new lower low. The current rebound appears corrective in nature, and price is still expected to resume its downward move unless the structure changes meaningfully. Downside continuation remains the favored scenario with the previous swing low 1.0359 as bearish target.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0660, 1.0800, 1.1000, 1.1200