EUR/JPY

EUR/JPY tested the 121.50 support level and show a bullish pin bar reaction. Today, the pair has not moved much from its opening level. Traders will continue to monitor if the bullish reaction will grow into bullish continuation or not. There is the Fed interest-rate decision today which might provide clues on the pair next direction.

Today critical levels to watch:

Support: 121.50, 120.00

Resistance: 123.30, 125.00

EUR/GBP

EUR/GBP slipped below 0.8920 and has not returned above it. Despite the possible bearish situation, the pair show no bearish momentum at the current level. We think the pair might be able to continue higher and breakout above 0.9000. Meanwhile, it is better to wait for further reaction.

today critical levels to watch:

Support: 0.8862, 0.8750

Resistance: 0.8920, 0.9000

GBP/JPY

GBP/JPY lower since the rejection from the level near 140.00. The pair almost reached the 135.00 – 136.00 area yesterday, but it reversed before the end of the day. Traders could regard the previous day reaction as a bounce reaction. If the pair could continue to maintain the bullish pressure then it is expected to retest 140.00 again soon.

Today Critical level to watch:

Support: 136.00, 135.00

Resistance: 140.00

GBP/CHF

GBP/CHF launched from the 1.2000 but lost momentum before it could reach the 1.2300. Overall, we think the pair could muster bullish pressure and continue its upward movement toward 1.2300. At the current time, traders could use 1.2000 as level to take long positions when retest happen.

Today critical levels to watch:

Support: 1.2000, 1.1867

Resistance: 1.2300, 1.2500