EUR/JPY

EUR/JPY settled inside the 120.00 – 120.30 range and show no indication of the next direction. The pair might continue sideline inside the range this week while waiting for a breakout.

Ta oday critical levels to watch:

Support: 120.00

Resistance: 120.30, 121.50, 122.00

EUR/GBP

Weakness experienced by EUR/GBP at the end of last week and the pair closed near 0.8400 support level. This week, the pair might continue under pressure and keep testing the 0.8400 support level. If breakout happens then EUR/GBP might target 0.8325 support level.

today critical levels to watch:

Support: 0.8400, 0.8325

Resistance: 0.8500, 0.8600, 0.8750

GBP/JPY

GBP/JPY extends its bullish pressure and climb above the bullish engulfing pattern. The pair might attempt to add more distance from the 142.50 support level. Traders will need more confirmation to determine if the pair will continue its bullish pressure or not.

Today Critical level to watch:

Support: 142.50, 141.00, 140.00

Resistance: 144.33, 145.00

GBP/CHF

A close above 1.2700 happened last Friday which confirmed bullish breakout. However, the pair show no strong bullish pressure which might lead to a bearish reversal. At the current time, there is no clue on the GBP/CHF next direction. Trades will wait further reaction at the current level.

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900, 1.3000