EUR/JPY

EUR/JPY on the path higher after the previous Friday bullish close. However, the pair slightly lower today though maintain the level inside the Friday range. If the pair continues to add more bullish pressure then traders will expect another test on 127.00 resistance level.

Today critical levels to watch:

Support: 125.00, 123.30

Resistance: 127.00, 128.00

EUR/GBP

The chance for a bullish reversal still present in EUR/GBP, but the pair needs to climb and close above 0.8920 to initially confirm it. At the current time, the pair seems rejected from 0.8920 and set to test the 0.8860 low again.

today critical levels to watch:

Support: 0.8860

Resistance: 0.8920, 0.9000

GBP/JPY

A breakout from the 140.00 – 142.50 area has not happened yet. GBP/JPY continues to stick near the 142.50 resistance level without many reactions. Traders will continue waiting for a reaction from the top resistance. We think a breakout will happen and the pair will start a long-term bullish trend.

Today Critical level to watch:

Support: 140.00, 137.75

Resistance: 142.50, 145.00

GBP/CHF

GBP/CHF rejected from the top trendline resulted in a bearish close last Friday. The pair has no bearish follow-through today and attempting to move higher. Traders will continue waiting for a reaction from the top trendline. Will the pair breakout and continue its bullish trend?

Today critical levels to watch:

Support: 1.2000, 1.1870, 1.1750, 1.1600

Resistance: 1.2200, 1.2300