EUR/JPY

EUR/JPY losing ground and looks will resume the bearish trend to target 154.00 – 155.00 area. We maintain bearish outlook on the pair and expect a new lower swing low printed on the chart. However, if the pair turn upward, then stop order will be placed above the latest swing high or above 162.39.

Today’s critical levels to watch:

Support: 155.00, 154.00

Resistance: 160.00, 163.00, 165.00

EUR/GBP

EUR/GBP has printed a new lower low and is set to continue the bearish movement to target new lower swing low. On the upside, if the pair could return above 0.8325 then the situation could turn bullish again. Under current situation, if traders has no short positions, then it is better to stay sideline.

Today’s critical levels to watch:

Support: 0.8250

Resistance: 0.8325, 0.8400, 0.8500, 0.8530

GBP/JPY

GBP/JPY make a bearish movement today where it prints new lower low. If the pair could add more bearish pressure and fall with strong bearish momentum, then it will resume the bearish leg to target a new lower swing low. On the upside, a close above 193.50 might cancel the bearish outlook.

Today’s Critical level to watch:

Support: 188.00

Resistance: 190.00, 193.50, 195.00

GBP/CHF

GBP/CHF hunting for stop order above latest swing high before it turn lower again. The pair has closed above 1.1360 which mean there is chance of bullish continuation. At the current time, it is better to monitor the pair reactions. If the pair could fall with strong bearish momentum, then the consolidation inside the green box area will continue. Otherwise, the pair will maintain its position above 1.1360 and start building more bullish pressure.

Today’s critical levels to watch:

Support: 1.1200, 1.1000, 1.0800, 1.0500

Resistance: 1.1225, 1.1360, 1.1400