EUR/JPY

EUR/JPY has not printed new higher swing high or lower swing low which means the situation is neutral. No confirmation on where the pair will move next. Traders will wait for the formation of new higher swing high or lower swing low to confirm the pair next direction.

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00

Resistance: 163.00, 165.00

EUR/GBP

EUR/GBP finally broke out above the 0.8325 level today and is set to close the day above it. The pair might have confirmed a short-term trend switch from bearish to bullish. On the upside, the pair will target 0.8400. A close above the level and the formation of a new higher swing high will become long-term bullish confirmation.

Today’s critical levels to watch:

Support: 0.8325, 0.8250

Resistance: 0.8400, 0.8500, 0.8530, 0.8580, 0.8600

GBP/JPY

GBP/JPY experienced another rejection from the 198.00 with no higher swing high printed. It seems the pair might retest the 194.00 and 193.50 level again. No conclusion yet on the pair next movement. It might consolidate between 193.50 – 198.00 until next trending movement.

Today’s Critical level to watch:

Support: 195.00, 193.50, 190.00

Resistance: 198.00, 200.00

GBP/CHF

GBP/CHF stay inside the green box area as it get rejected from the top of range. The pair fall with moderate bearish momentum and now will target the bottom of range. Under current situation, no change yet to the ranging plan inside the green box area since September 2024. Traders will continue to use the range to apply range trading strategy.

Today’s critical levels to watch:

Support: 1.1200, 1.1000, 1.0800, 1.0500

Resistance: 1.1225, 1.1360, 1.1400