Forex Technical Cross Pairs Analysis | January 06, 2026

EUR/JPY

EUR/JPY remains under bearish pressure in the near term, with price continuing to drift lower after failing to sustain momentum above recent highs. The current pullback reflects corrective weakness rather than a structural breakdown, as the broader long-term trend still points higher. Price action suggests the pair is in the process of searching for a base, and further consolidation or downside probing may occur before a clearer directional move develops. For now, patience is required until signs of bottoming and stabilization emerge.

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Today’s critical levels to watch:

Support: 182.00, 180.54, 180.00

Resistance: 183.40, 185.84

EUR/GBP

EUR/GBP continues to trade with a bearish bias, having broken below key short-term support. Momentum favors further downside, with price action pointing toward a continuation move into the 0.8580–0.8600 area. The recent decline reinforces the shift in short-term control toward sellers, and rebounds so far lack strength. If there is bullish correction, then 0.8700 is the resistance level to watch.

Today’s critical levels to watch:

Support: 0.8600

Resistance: 0.8700, 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY is attempting to push higher following the recent advance, but bullish follow-through remains limited. Price is holding near the upper range of the recent move, suggesting hesitation rather than acceleration. While the broader structure leans bullish, the lack of strong continuation signals keeps the outlook cautious. A clearer breakout or renewed momentum is needed before confirming a sustained bullish extension. If bearish correction happen, then the 208.60 level could become the target to watch.

Today’s Critical level to watch:

Support: 210.00, 208.00, 207.00, 205.00

Resistance: 211.50

GBP/CHF

GBP/CHF is extending its bullish movement, with price action continuing to respect higher levels after the recent breakout. The structure remains constructive, and upside pressure is gradually building. This advance keeps the 1.0800 level firmly in focus as the next upside target, with pullbacks viewed as pauses within the ongoing recovery rather than signs of reversal.

Today’s critical levels to watch:

Support: 1.0660, 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200

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