EUR/JPY

EUR/JPY pause its upward movement and looks sideways today. The pair might be moving upward, but it is a corrective movement to test broken level. If the pair turn lower again and move with strong momentum, then traders will expect the pair to target a new lower swing low or the 154.00 – 155.00 area.

Today’s critical levels to watch:

Support: 155.00, 154.00

Resistance: 160.00, 163.00, 165.00

EUR/GBP

EUR/GBP mostly sideways near the 0.8325 level without strong reactions. The pair will continue the ranging movement and traders will wait for momentum movement away from the 0.8325. At the current time, the pair is inside the 0.8325 – 0.8400 area where it might continue ranging.

Today’s critical levels to watch:

Support: 0.8325, 0.8250

Resistance: 0.8400, 0.8500, 0.8530, 0.8580, 0.8600

GBP/JPY

GBP/JPY reached the trend line and there is a pause. The pair might stick near the trend line for now and waiting for reactions. If the pair get rejected with strong bearish reactions, then it will resume the bearish movement to target a new lower swing low. However, if the pair manage to climb and print a new higher swing high, then the situation will back to neutral again.

Today’s Critical level to watch:

Support: 188.00

Resistance: 190.00, 193.50, 195.00

GBP/CHF

GBP/CHF rejection from the top of green box area confirm that the range maintained. The pair might start moving lower again from the top of the green box area and target the bottom area. Traders will continue to use the current situation as a chance to apply range trading strategies until breakout and close outside the range happen.

Today’s critical levels to watch:

Support: 1.1200, 1.1000, 1.0800, 1.0500

Resistance: 1.1225, 1.1360, 1.1400