EUR/JPY

EUR/JPY proceed higher after the bounce from 121.50. No change to the outlook yet and the pair soon will reach the bottom of the channel. If the bull could maintain the bullish pressure then we might see a breakout above the channel and upward continuation toward 123.30.

Support: 122.00, 121.50, 121.00, 120.00

Resistance: 123.00, 123.30

EUR/GBP

EUR/GBP moving up in today trading session and print a higher high on the chart. However, the bullish pressure losing momentum and currently EUR/GBP back near its opening level. No indication on the next direction yet, but the overall long-term trend is bullish. Without any change in the direction EUR/GBP expected to continue upward slowly.

today critical levels to watch:

Support: 0.8920, 0.8900

Resistance: 0.9000

GBP/JPY

GBP/JPY set to continue its sideway movement near 136.00 today. The pair show not much movement since yesterday. We still expect the pair to continue its bearish movement between the two trendlines.

Today Critical level to watch:

Support: 135.00

Resistance: 136.00, 137.40

GBP/CHF

GBP/CHF rejected from the top of its bearish channel and closed as bearish engulfing pattern yesterday. Today the pair traded lower below previous day low and looks will continue to 1.2300 support level. We think the pair will continue its bearish movement inside the channel for now.

Today critical levels to watch:

Support: 1.2300

Resistance: 1.2500