EUR/JPY

EUR/JPY on the bullish path and pressuring the 127.00 resistance level again. The situation is the same, traders will wait for reactions from the resistance level. As long as there is no breakout above the level then EUR/JPY is set to continue trading inside the orange area.

Today critical levels to watch:

Support: 125.00, 123.30

Resistance: 127.00, 128.00

EUR/GBP

EUR/GBP has reached the 0.8750 support level with strong bearish momentum. The pair formed a bullish close on Friday trading session though it is a weak close. At the current time, the pair will continue trading near the 0.8750 support level, waiting for a reaction. If the pair could bounce from the level then traders will prepare for a correction toward 0.8920 or 0.9000.

today critical levels to watch:

Support: 0.8750

Resistance: 0.8860, 0.8920, 0.9000

GBP/JPY

GBP/JPY extended its bullish close near the 145.00 resistance level. The pair practically has reached the resistance level and will wait for a reaction from it. If the pair get rejected then traders could prepare near 142.50 to enter long positions.

Today Critical level to watch:

Support: 142.50, 140.00, 137.75

Resistance: 145.00, 147.50

GBP/CHF

GBP/CHF direction continues to point to the upside and the pair has surpassed 1.2300. If there is no major change in the direction then the pair will target the 1.2500 resistance level. Traders will continue to hold long positions with a stop below 1.2300 or the previous week’s low.

Today critical levels to watch:

Support: 1.2300, 1.2200, 1.2000

Resistance: 1.2500