EUR/JPY

EUR/JPY has completed the Fibonacci extension target and there is no sign of weakness yet. The pair might continue its climb and target the swing high at 175.374. Traders will wait for a bearish correction in the pair for a chance to enter at a lower level. On the lower side, 166.60 – 168.00 might become the major support area to watch.

Today’s critical levels to watch:

Support: 166.50, 165.00, 163.00

Resistance: 170.00, 171.595

EUR/GBP

EUR/GBP is supported by the 0.8580 – 0.8600 area, and there is bullish bounce today. The pair looks continuing the consolidation for now and will wait for confirmation. On the upside, 0.8700 – 0.8750 is the area to watch as target. Meanwhile, a close below 0.8580 will open the path toward 0.8500 – 0.8525.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8530, 0.8500, 0.8430, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY extending the bullish movement above 198.00 and will target the 200.00 resistance level. At the current time, the pair has climb above Dec’24 high and might continue the bullish trend. If a bearish correction happens, then 198.00 is the support level to watch. A breakout and close below the trend line might turn the trend bearish.

Today’s Critical level to watch:

Support: 195.00, 193.50, 190.00, 188.00

Resistance: 198.00, 200.00

GBP/CHF

GBP/CHF is under bearish pressure today, with moderate momentum. It will continue testing the 1.0800 support level and attempt to breakout lower. If the pair could break out lower, then it will target the 1.0669 swing low. However, if the pair bounce upward sharply, then there is a chance of retest on 1.1060 – 1.1100 area.

Today’s critical levels to watch:

Support: 1.0800, 1.0600, 1.0500

Resistance: 1.1000, 1.1200