EUR/JPY

EUR/JPY continues lower without major trouble and it reached the 120.00 – 120.30 support level. At the current time, the pair looking for a chance to bounce from the support level. We think the bearish pressure will continue mount and the pair eventually fall below 120.00 and continue its bearish trend.

Today critical levels to watch:

Support: 120.30, 120.00

Resistance: 121.50, 122.00

EUR/GBP

EUR/GBP printed a bullish candlestick last Friday near 0.8400 support level. The pair show no bullish follow-through yet today. EUR/GBP might continue lower and test 0.8400 support level again. Traders will observe the pair reaction near the support level. It is better to wait for sideline for now until either major bullish reaction or a bearish breakout happens.

today critical levels to watch:

Support: 0.8400, 0.8325

Resistance: 0.8500, 0.8600, 0.8750

GBP/JPY

GBP/JPY gapped down and opened near 142.50 support level today. The pair bearish pressure continues to mount after the previous Friday bearish close. Traders might want to refrain from entering long positions yet as the pair continue under strong bearish pressure. If the pair make major bearish close below 142.50 then it is expected to continue toward 140.00.

Today Critical level to watch:

Support: 142.50, 141.00, 140.00

Resistance: 144.33, 145.00

GBP/CHF

GBP/CHF stuck near 1.2700 resistance level and formed a bearish pin bar pattern last Friday. The pair currently waiting for a further clue in the next direction. A break and close below the pin bar pattern could lead the pair lower to test 1.2500 support level.

At the current time, GBP/CHF might move between 1.2500 – 1.2700.

Today critical levels to watch:

Support: 1.2600, 1.2500, 1.2300

Resistance: 1.2700, 1.2900, 1.3000