EUR/JPY

Despite the bearish pressure on EUR/JPY on Tuesday, the pair decided to bounce from the 123.30 level. No higher high printed yet on the chart which means the situation is neutral. Traders will continue to wait for either the pair reach 125.00 or a breakout below 123.30.

Today critical levels to watch:

Support: 123.30, 121.50

Resistance: 125.00

EUR/GBP

EUR/GBP pushed lower yesterday but the pair managed to close the day higher. The current outlook is bullish for the pair and now changes to it yet. EUR/GBP expected to bounce and continue its upward movement toward the 0.9300 resistance level.

today critical levels to watch:

Support: 0.9000, 0.8920

Resistance: 0.9100, 0.9300

GBP/JPY

GBP/JPY gain more ground against the bear as the pair closed the day above 136.00. Today, the bull making further attempts to move higher. No breakout above the previous day high yet. At the current time, traders will continue waiting for a breakout above the previous day high and previous week high.

Today Critical level to watch:

Support: 136.00, 135.00

Resistance: 140.00

GBP/CHF

GBP/CHF climbed above 1.1870 but it reversed the direction and closed as bearish pin bar yesterday. The pair has not breakout from the 1.1750 – 1.1870 range yet. We expect the pair to continue trading sideways inside the range for now.

Today critical levels to watch:

Support: 1.1750, 1.1730, 1.1700, 1.1500

Resistance: 1.1867, 1.2000