EUR/JPY

EUR/JPY tested the bottom of the orange box area today and there is a bullish reaction from the support level. At the current time, the pair has traded above the opening level and inside the blue box area. If the pair could continue to build bullish pressure and breakout above the blue box area then traders could expect a bullish continuation toward 131.50 – 132.00.

Today critical levels to watch:

Support: 130.00

Resistance: 131.50, 132.00, 133.50, 135.00

EUR/GBP

EUR/GBP stage a bullish reaction near the 0.8325 support level. However, the bullish movement lost momentum and slowly moved lower toward the opening level. At the current time, no major confirmation that the bearish trend will continue below 0.8325. Traders will continue to observe the pair reaction near 0.8325 for now.

today critical levels to watch:

Support: 0.8325

Resistance: 0.8400, 0.8500, 0.8580, 0.8600

GBP/JPY

GBP/JPY stick near the 156.58 resistance level. The pair might be pushed lower today but it is currently trading back above the opening level. We still think the pair will continue its bullish trend above the 156.58 resistance level. If the pair continues moving lower then 153.50 is the support level to watch.

Today Critical level to watch:

Support: 153.50, 150.00, 149.20

Resistance: 156.58, 160.00

GBP/CHF

GBP/CHF closed lower below the 1.2500 level yesterday. There is no bearish continuation today, the pair return above the 1.2500 level and might stick near it for now. Traders will wait for further confirmation from the 1.2500 level. In the medium-term, we think the pair could continue the bullish movement and form a higher swing high to confirm bullish movement toward 1.2700.

Today critical levels to watch:

Support: 1.2500, 1.2300, 1.2000

Resistance: 1.2600, 1.2700