EUR/JPY

EUR/JPY continues printing lower low on the chart and currently falls below the orange box area. No confirmation yet that the pair will continue moving lower and target 128.00 support level. If the pair could reverse the bearish pressure and close inside the orange box area then there is a chance of bullish movement to target 131.50 – 132.00.

Today critical levels to watch:

Support: 128.00, 127.00

Resistance: 130.00, 131.50, 132.00, 133.50

EUR/GBP

EUR/GBP breaks below the 0.8325 support level and is expected to continue the bearish trend. No change to the outlook yet, if the pair stage a bullish correction then traders could use the nearest resistance level for short positions. On the lower side, 0.8100 is the nearest long-term target.

today critical levels to watch:

Support: 0.8325

Resistance: 0.8400, 0.8500

GBP/JPY

GBP/JPY got rejected from the 156.58 resistance level and slightly lower from it. The pair continue under pressure at the current time. If the pair continues its downward movement then 153.50 is the nearest support level to watch for a chance to enter long positions. On the upside, the pair need to print a higher swing high to confirm a long-term bullish continuation.

Today Critical level to watch:

Support: 153.50, 150.00, 149.20

Resistance: 156.58, 160.00

GBP/CHF

GBP/CHF pushed lower below the 1.2500 support level. Despite the bearish close, the pair continue to stick near the level and attempt to continue the bullish trend. Traders will continue to observe the pair reaction near 1.2500 for now. We think the bull has a higher chance to bring the pair further upward and target 1.2700.

Today critical levels to watch:

Support: 1.2500, 1.2300, 1.2000

Resistance: 1.2600, 1.2700