EUR/JPY

The overall movement of EUR/JPY turned slightly bullish after the pair climbed above 120.00 – 120.30 area. The pair currently testing the area and looks will close the day as a bullish pin bar pattern. If the pattern confirmed to the upside next week then traders will expect EUR/JPY to start moving higher and target 121.50 again.

Today critical levels to watch:

Support: 120.30, 120.00, 119.20

Resistance: 121.50, 123.30

EUR/GBP

EUR/GBP finally print a higher high on the chart and set to continue its bullish trend above 0.9000. On the upside, 0.9300 is the target. Traders who have long positions could continue to hold their positions. Short positions are not suggested until there is a major bearish reversal pattern formed.

today critical levels to watch:

Support: 0.9000, 0.8920

Resistance: 0.9300

GBP/JPY

The bear gaining against the bull at the end of the week. GBP/JPY falls below 132.50 support level and set to close the week near its opening level. If the bear could push the pair further lower below previous week low then we might see GBP/JPY fall toward 130.00.

Today Critical level to watch:

Support: 130.00

Resistance: 132.50, 133.00, 135.00, 136.00

GBP/CHF

It is a major winning day for the bear in GBP/CHF. The pair fall below the previous month low and set to continue its long-term bearish trend. If the pair moves higher toward the horizontal lines shown on the chart then traders could consider entering short positions.

Today critical levels to watch:

Support: 1.1500

Resistance: 1.1700, 1.1867