EUR/JPY

EUR/JPY building more bullish pressure and currently has surpassed the nearest swing high. The pair might be back to bullish track and will attempt to target the level above 165.00 and 167.00. If a bullish breakout happen above the level then it will confirm a bullish continuation. On the lower side, if the pair turned lower and print new lower swing low then the situation will turn bearish again.

For note: No new higher swing high and lower swing low printed on the chart yet. The overall trend is neutral.

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00

Resistance: 163.00, 165.00

EUR/GBP

EUR/GBP maintain its bullish pressure and currently trading at the middle of 0.8400 – 0.8500. The pair could turn lower and test the 0.8400 level. It also could extend the bullish movement toward 0.8500 and test it. Traders will observe the pair reactions near both level and assume that the bullish trend will continue. Whenever the price turn lower toward 0.8400, traders could use it as chance to add long positions.

Today’s critical levels to watch:

Support: 0.8400, 0.8325, 0.8250

Resistance: 0.8500, 0.8530, 0.8580, 0.8600

GBP/JPY

GBP/JPY bounced from the 190.00 level and start moving upward. It seems the pair failed to print new lower swing low and will attempt to move after and print new higher swing high. No breakout which mean the pair will continue consolidating with 198.00 – 200.00 as top of consolidation area. The next higher swing high or lower swing low will become the confirmation of next direction of the pair.

Today’s Critical level to watch:

Support: 190.00, 188.00

Resistance: 193.50, 195.00, 198.00, 200.00

GBP/CHF

GBP/CHF bounced from the bottom of green box area but limited by the 1.1200 resistance level. The pair might consolidate between 1.1100 – 1.1200 for now and waiting for breakout. If the pair could surpass 1.1200 then it will target the top of green box area. Meanwhile, in the long-term, traders will continue wait ofr breakout and close outside of the green box area to confirm next long-term direction.

Today’s critical levels to watch:

Support: 1.1000, 1.0800, 1.0500

Resistance: 1.1200, 1.1225, 1.1360, 1.1400