EUR/JPY

EUR/JPY continues to climb and print a new higher high on the chart. There is no bearish sign yet at the current time and traders who have long positions will continue to hold long positions for now. When the pair start a bearish pullback then traders could add long positions.

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00, 151.50, 148.50

Resistance: 162.00, 163.00

EUR/GBP

EUR/GBP was rejected from the 0.8580 – 0.8600 area and fell for two days. However, the bearish pressure has subsided and the pair start moving upward again today. Will the pair continue moving upward and retest the resistance area again? Alternatively, will it breakout lower below the trendline and resume the bearish trend?

Today’s critical levels to watch:

Support: 0.8400, 0.8325

Resistance: 0.8580, 0.8600, 0.8700, 0.8750

GBP/JPY

GBP/JPY continues the bullish movement and has no bearish sign yet similar to the other JPY pairs. Traders will wait for a bearish pullback in the pair toward the support level. When there are bullish reactions near the support levels, traders could add long positions. At the current time, it is better to stay sideline or ride the bullish movement to the top.

Today’s Critical level to watch:

Support: 188.50, 186.00, 184.00, 182.45, 178.50

Resistance:

GBP/CHF

GBP/CHF is trading between the 1.1100 – 1.1200 area for now with a bullish bias. As mentioned before, when the pair could close above the 1.1200 level then the trend will continue bullish. Meanwhile, a bearish rejection and a new lower low will confirm a bearish continuation in the pair.

Today’s critical levels to watch:

Support: 1.1100, 1.1060, 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750