EUR/JPY

EUR/JPY maintain the bullish pressure and might continue upward immediately without major bearish correction. However, if a bearish correction happens, then the 170.00 level and the trend line is the places to look for long positions. On the upside, 175.374 is the target to watch.

Today’s critical levels to watch:

Support: 170.00, 166.50, 165.00, 163.00

Resistance: 173.00, 175.00

EUR/GBP

EUR/GBP made a bearish attempt today, but it slowly recovers above the previous day’s low. The pair might continue building the higher lows and attempt to breakout above 0.8700 – 0.8750 area. On the lower side, we have no lower swing low, which mean the bull still in control of the situation.

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 tested the 198.00 level, also the trend line and manage to bounce from it. The pair keep building bullish pressure and will attempt to breakout above 200.00 level. At the current time, the pair is forming an ascending triangle pattern which has bullish tendencies. On the lower side, the latest swing low 197.4 is the major level to watch if bearish attempt made.

Today’s Critical level to watch:

Support: 195.00, 193.50, 190.00, 188.00

Resistance: 198.00, 200.00

GBP/CHF

GBP/CHF made a bullish attempt today, erasing all the loss yesterday. We maintain a bearish view on the pair and as long as the pair continue printing new lower low and lower high, there is no reason to turn bullish yet. On the lower side, 1.06091 and 1.04475 will become the bearish targets to watch.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200