EUR/JPY

EUR/JPY latest bullish attempt has not printed a new higher swing high yet. The pair looks under bearish pressure and now trading below 162.39. There is no change to the current bullish outlook, as long as the pair could print new higher swing high and higher swing low then the upward movement could continue.

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00

Resistance: 163.00, 165.00

EUR/GBP

EUR/GBP is limited below 0.8325, and each bullish attempt receives bearish reactions. Despite the situation, the pair continues to maintain its position near the level and will wait for a bullish breakout. If the pair could break out and close above 0.8325 then the bullish movement could continue. Otherwise, if the pair prints a new lower swing low then the bearish trend will continue.

Today’s critical levels to watch:

Support: 0.8250

Resistance: 0.8325, 0.8400, 0.8500, 0.8530, 0.8580, 0.8600

GBP/JPY

GBP/JPY got rejected from the 198.00 level but showed bullish reactions near the 193.50 level. At the current time, the pair is trading between 193.50 – 198.00 and traders will observe the pair’s reactions. On the latest bullish attempt, there is no new higher swing high printed but the pair continue to print new higher swing low. If the situation continues then we might see a bullish breakout soon. However, if the pair turns lower and prints a new lower swing low then the situation could turn bearish.

Today’s Critical level to watch:

Support: 195.00, 193.50, 190.00

Resistance: 198.00, 200.00

GBP/CHF

GBP/CHF has not left the box area as shown on the chart. There were bearish reactions near the top of the range which might confirm the start of a bearish movement to target the bottom of the box area. Traders will continue to use the area for range trading. As long as the pair stay inside the range, the sideways situation will continue.

Today’s critical levels to watch:

Support: 1.1200, 1.1000, 1.0800, 1.0500

Resistance: 1.1225, 1.1360, 1.1400