EUR/JPY

EUR/JPY bounced from the 120.00 – 120.30 support area and closed near 121.50 yesterday. The pair extended its bullish movement in today’s trading session and currently moves above the previous day high. If the pair could maintain the bullish pressure then traders will expect EUR/JPY to continue moving upward toward 123.30.

Today critical levels to watch:

Support: 121.50, 120.30, 120.00

Resistance: 123.30, 125.00

EUR/GBP

EUR/GBP could not break out above 0.9000 resistance level. Yesterday, the pair formed a pin bar pattern and might lead the pair lower. At the current time, the pair range of movement span between 0.8920 – 0.9000. Traders will wait for the breakout of the range to determine the next direction.

today critical levels to watch:

Support: 0.8920, 0.8862, 0.8750

Resistance: 0.9000

GBP/JPY

GBP/JPY trying its best to reverse the current bearish pressure.  The pair managed to made a bullish close above 135.00 after two days close below it. Today, the pair push further higher above the previous day high and currently testing the 136.00 resistance level. If a close above 136.00 happens then GBP/JPY might set for a bounce toward 140.00.

Today Critical level to watch:

Support: 135.00, 133.00, 132.50, 130.00

Resistance: 136.00, 140.00

GBP/CHF

Traders will focus on GBP/CHF movement inside 1.18700 – 1.2000 at the current time. GBP/CHF bounced from the 1.1870 and currently testing the 1.2000 resistance level. Without a breakout of the range, traders will assume the pair will trade inside the range.

Today critical levels to watch:

Support: 1.1867

Resistance: 1.2000, 1.2300, 1.2500