EUR/JPY

EUR/JPY moving upward with strong bullish momentum today. The pair almost print a new higher high on the daily chart to confirm a bullish continuation. Despite the situation, traders who have long positions will continue to hold the positions with a stop below 154.00. Each bearish correction in the pair is a chance for traders to enter more long positions.

Today’s critical levels to watch:

Support: 155.00, 154.00, 151.50, 148.50

Resistance: 160.00, 162.87, 171.00

EUR/GBP

EUR/GBP keep moving upward and testing the 0.8700 resistance level but the pair experience rejection. At the current time, the pair might consolidate and wait for further bullish pressure. A new higher low on the chart might be printed near 0.8580 – 0.8600 which will confirm the continuation of the bullish trend.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY moving upward with strong bullish momentum today and testing the 182.45 resistance level. The pair will attempt to breakout and continue the bullish trend to print a new higher high. Traders will continue to monitor the pair reaction between the 178.50 – 182.45 area. If the pair start another bearish correction then traders will wait near the support level for a chance to enter more long positions.

Today’s Critical level to watch:

Support: 178.50, 172.00, 170.00, 168.50

Resistance: 182.45

GBP/CHF

GBP/CHF is trading lower and will attempt to target a new lower low on the chart. The situation is bearish and a bullish correction toward the resistance level is a chance for traders to enter short positions. However, if the pair moves upward with strong bullish momentum above 1.1200 then we might see a bullish reversal. No clue yet on the pair next direction, traders might want to wait for further reactions near 1.1200.

Today’s critical levels to watch:

Support: 1.1200, 1.0500, 1.0000

Resistance: 1.1530, 1.1600, 1.1750