EUR/JPY

EUR/JPY climbing slowly after bouncing from the trend line. The pair looks will continue upward for now and traders will wait for a lower swing high formation. If the pair form a lower swing high, breakout below trend line and form new lower swing low, then the trend will turn bearish. On the upside, if the pair form a higher swing high above 186.165 then the trend will turn bullish again.

Today’s critical levels to watch:

Support: 180.54, 180.00

Resistance: 182.00, 182.583, 183.40, 185.84

EUR/GBP

EUR/GBP mostly sideways below the 0.8750 level. It keeps testing the level and attempting to breakout higher. There is no confirmation for now, traders will stay sideline and wait for more reactions. If the pair get rejected with strong bearish reactions, then we might see an attempt to break below 0.8700. A close above 0.8700 is bullish confirmation.

Today’s critical levels to watch:

Support: 0.8700, 0.8600

Resistance: 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY situation mostly sideways with some bullish attempt today. There is no change to the situation, the pair is forming base for now and might attempt for bounce. 210.00 is the nearest resistance level to watch. When the pair form new lower swing high, then we could expect bearish attempt to print lower swing low.

Today’s Critical level to watch:

Support: 208.00, 207.00

Resistance: 210.00, 211.50, 214.965

GBP/CHF

GBP/CHF slightly upward today after it printed new lower low yesterday. The overall direction is bearish which mean the current upside movement is corrective and traders will wait until it loss upward pressure. When the pair stall and form bearish pattern, then traders could enter short positions targeting a new lower swing low.

Today’s critical levels to watch:

Support: 1.03599

Resistance: 1.0500, 1.0600, 1.0660, 1.0800