EUR/JPY

EUR/JPY moving upward and not looking back again. The pair soon will reach the 140.50 resistance level if there is no major change in the direction. Traders who have long positions will move stop level below 135.00. Traders who have no positions will continue waiting for bearish correction for a chance to enter long positions near support levels.

Today’s critical levels to watch:

Support: 137.40, 135.00, 134.50

Resistance: 140.50

EUR/GBP

EUR/GBP is supported by the 0.8500 support level and slowly trading upward. On the upside, the pair needs to close above 0.8600 to confirm a bullish continuation. On the lower side, a close below 0.8400 will become a major bearish confirmation. At the current time, the pair might range between 0.8500 – 0.8600.

Today’s critical levels to watch:

Support: 0.8500, 0.8400

Resistance: 0.8580, 0.8600

GBP/JPY

GBP/JPY moving upward and distancing itself from the 158.15 support level. The pair is set to continue the long-term bullish trend and traders who have long positions will place a stop level below 156.15. If the pair start a bearish correction then 161.00 will become the nearest support level to watch.

Today Critical level to watch:

Support: 160.00, 158.15, 156.58

Resistance: 165.00, 170.00

GBP/CHF

GBP/CHF pressuring to the downside and continue printing a new lower low. Despite the situation, the pair seems to manage to hold off at the 1.2000 support level. Traders will continue to monitor the pair reaction between 1.2000 – 1.2125 and wait for a breakout from the range. As the trend is bearish, traders might want to stick with short positions for now.

Today’s critical levels to watch:

Support: 1.2000

Resistance: 1.2125, 1.2300