EUR/JPY

EUR/JPY continued to trade lower, but the downside momentum remains limited, keeping the pair in a sideways consolidation phase rather than a clear bearish trend. Price action shows controlled pullbacks without aggressive follow-through, suggesting sellers lack commitment. As long as the broader structure holds, we maintain a bullish outlook, viewing any bearish correction as a buy-on-dip opportunity rather than a trend reversal.

Today’s critical levels to watch:

Support: 182.00, 180.54, 180.00

Resistance: 183.40, 185.84

EUR/GBP

EUR/GBP attempted a bullish recovery earlier in the session but failed to sustain gains, with price reversing and gravitating back toward the opening level. This price behavior reinforces the idea of distribution rather than accumulation. Despite intraday volatility, the overall structure still favors the downside, and we maintain expectations for bearish continuation to target 0.8580 – 0.8600 area.

Today’s critical levels to watch:

Support: 0.8600

Resistance: 0.8700, 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY showed an initial bearish attempt but price stabilized quickly and is now hovering near the opening level. The lack of directional follow-through suggests indecision and balance between buyers and sellers. With momentum muted, the pair is likely to remain in a consolidation phase, awaiting a clearer catalyst before the next directional move emerges.

Today’s Critical level to watch:

Support: 210.00, 208.00, 207.00, 205.00

Resistance: 211.50

GBP/CHF

GBP/CHF saw minimal movement during the session, reflecting a slow and orderly market. Price remains supported above recent lows, and the technical structure still points toward a potential test of the 1.0800 level. Until a clear rejection or breakout occurs, we maintain a neutral-to-bullish stance, watching for price behavior around that key level for confirmation.

Today’s critical levels to watch:

Support: 1.0660, 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200