EUR/JPY

EUR/JPY pushed lower and currently trading near the 140.50 support level. The pair might consolidate near the level and resume the bearish movement. If the pair could print a new lower low on the cleften the bearish trend will continue. However, if the pair could build more bullish pressure and print a new higher high then we might see a bullish reversal.

Today’s critical levels to watch:

Support: 140.50, 137.40, 135.00

Resistance: 145.00, 148.50, 151.50

EUR/GBP

EUR/GBP left the 0.8920 – 0.9000 area and start trading lower. The pair might target the 0.8750 support level and test it. Traders will wait near the support level for chance to enter long positions when retest happen. On the iupside, a close above 0.9000 will confirm long-term bullish continuation.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600, 0.8580

Resistance: 0.8900, 0.9000

GBP/JPY

GBP/JPY looks will resume the bearish movement but no bearish continuation in today’s trading session. The pair currently trading sideway and will wait for further confirmation. Either a new higher high or a new lower low will confirm the next direction of the pair. We still think the bearish has the upper hand against the bull as Japan leaving its low interest-rate policy.

Today’s Critical level to watch:

Support: 156.58, 153.50

Resistance: 161.00, 164.00, 168.50, 170.00

GBP/CHF

GBP/CHF traded below the 1.1200 support level and printed a new lower low. It is an initial confirmation that the bearish trend will continue. However, the pair has not make a significant bearish movement which mean a bullish reversal still possible. If the pair could return above 1.1200 then traders will expect upward movement to target a new higher high.

Today’s critical levels to watch:

Support: 1.1200, 1.0500, 1.0000

Resistance: 1.1530, 1.1600, 1.1750