EUR/JPY

EUR/JPY bounce from the bottom of the orange box and the pair moving inside the blue box is now. The pair has surpassed the previous week’s high and is now expected to continue its upward movement. If the pair could close above the blue box area and print a higher high then the pair will resume the bullish trend to target 131.50 – 132.00 area.

Today critical levels to watch:

Support: 128.00, 127.00

Resistance: 130.00, 131.50, 132.00, 133.50

EUR/GBP

EUR/GBP is testing the 0.8500 support level and continues to put bearish pressure on it. The pair currently trading between two trendlines and is expected to move lower. Traders will observe the pair reaction at 0.8500 and the bottom trendline. If a bullish bounce happens then traders could use the top trendline to enter short positions.

today critical levels to watch:

Support: 0.8500, 0.8400

Resistance: 0.8600, 0.8700, 0.8750, 0.8860

GBP/JPY

GBP/JPY building bullish pressure and manage to reach the 153.50 resistance level. The pair need to print higher high and higher close above the level to continue its bullish trend. On the upside, 156.58 continue to become the target to watch.

Today Critical level to watch:

Support: 150.00, 147.50, 145.00

Resistance: 152.00, 153.50, 156.58

GBP/CHF

GBP/CHF get rejected from the 1.2700 resistance level and there is no breakout from the triangle area yet. The pair currently will continue consolidating inside the triangle area and waiting for a breakout. Will the pair breakout and continue its bullish movement?

Today critical levels to watch:

Support: 1.2600, 1.2500, 1.2300

Resistance: 1.2700, 1.2800, 1.2900