EUR/JPY

EUR/JPY hanging above 128.00 support level, waiting for further confirmation. We are waiting for the pair to reach either 128.00 or 127.00 to place long positions. On the upside, a close above the blue box area will trigger a bullish continuation.

Today critical levels to watch:

Support: 128.00, 127.00

Resistance: 130.00, 131.50, 132.00, 133.50

EUR/GBP

EUR/GBP get rejected from the 0.8400 resistance level and currently attempting to resume the bearish trend. Today bearish pressure has not printed lower movement below the previous day’s low. We might see high volatility nearing the Fed FOMC meeting today.

today critical levels to watch:

Support: 0.8325

Resistance: 0.8400, 0.8500

GBP/JPY

GBP/JPY stick near the 153.50 support level and is expected to continue trading near it until today FOMC meeting result is announced. Will the pair bounce and continue the bullish trend? Alternatively, will it continue moving lower and retest the 149.20 – 150.00 area?

Today Critical level to watch:

Support: 153.50, 150.00, 149.20

Resistance: 156.58, 160.00

GBP/CHF

GBP/CHF bounced from the 1.2300 support level and might continue moving upward to retest 1.2500. If the pair could climb and close above 1.2500 then it has a high chance to resume the bullish movement to target 1.2700.

Today critical levels to watch:

Support: 1.2300, 1.2000

Resistance: 1.2500, 1.2600, 1.2700