EUR/JPY

EUR/JPY pushed lower and closed below 120.00 yesterday. No bearish continuation yet in today’s trading session and EUR/JPY attempting to return above the broken level. If the pair could close above 120.00 by the end of the day then EUR/JPY may continue its upward movement again.

Today critical levels to watch:

Support: 119.20

Resistance: 120.00, 120.30, 121.50

EUR/GBP

EUR/GBP continue its movement inside 0.8325 – 0.8400 for the fifth days. The pair show no sign of breakout and expected to continue its consolidation inside the range for now. Traders will wait for a breakout to happen before placing any positions.

today critical levels to watch:

Support: 0.8325, 0.8120

Resistance: 0.8400, 0.8500, 0.8600

GBP/JPY

We are not expecting major movement yet in GBP/JPY. The pair might move away from 142.50 but in the end, it returns to the equilibrium level. At the current time, GBP/JPY might continue moving lower and target the bottom horizontal level.

Today Critical level to watch:

Support: 142.50, 141.00, 140.00

Resistance: 144.33, 145.00

GBP/CHF

GBP/CHF made a close near 1.2700 yesterday and extend its consolidation near the resistance level. There is ample bearish pressure today. Will the pair continue its bearish movement and target 1.2500 support level?

Today critical levels to watch:

Support: 1.2500, 1.2300

Resistance: 1.2700, 1.2900, 1.3000