EUR/JPY

EUR/JPY continue moving bullishly today and currently testing the top trend line. The pair will test the resistance level and attempt to breakout higher. Under the current situation, traders will monitor the pair reactions inside the triangle area. As long as there is no breakout and close outside the range, the pair will continue consolidating inside the area.

Today’s critical levels to watch:

Support: 163.00, 160.00, 155.00, 154.00

Resistance: 165.00

EUR/GBP

EUR/GBP has not moved outside the 0.8400 – 0.8430 area yet. The pair looks will settle inside the area this week. No change to the situation, trader will wait for the pair to breakout and close outside the area to confirm the next direction. As the pair broke below the support trend line, the overall direction is bearish for now.

Today’s critical levels to watch:

Support: 0.8400, 0.8325

Resistance: 0.8430, 0.8500 , 0.8530, 0.8580, 0.8600, 0.8700, 0.8750

GBP/JPY

GBP/JPY trading upward and currently testing the top trend line. The pair situation is the same as EUR/JPY, it will keep testing the level and attempt to breakout higher. As mentioned before, aside from the triangle range, the pair has 193.50 – 198.00 range to watch. A breakout from the range, will confirm the pair next direction.

Today’s Critical level to watch:

Support: 193.50, 190.00, 188.00

Resistance: 195.00, 198.00

GBP/CHF

GBP/CHF maintain its positions above the 1.1060 – 1.1100 support area. The pair is currently consolidating above the area and will attempt to continue the upward movement. On the upside, a close above 1.1200 will confirm a bullish continuation. Meanwhile, a breakout and close below 1.1060 will confirm a bearish continuation.

Today’s critical levels to watch:

Support: 1.1000, 1.0800, 1.0600, 1.0500

Resistance: 1.1200,