EUR/JPY

EUR/JPY attempted to extend the bullish movement today. However, the upward movement gets bearish rejection near the top. At the current time, the pair is trading near the opening level. If the pair start another bearish correction then traders will wait near the support level for a chance to enter long positions.

Today’s critical levels to watch:

Support: 140.50, 137.40, 135.00, 134.50

Resistance: 145.00, 148.50, 151.50

EUR/GBP

EUR/GBP closed higher yesterday and there is a bullish continuation in today’s trading session. The pair is testing the previous week’s high at the current time. We think the upward movement could continue toward the 0.8700 resistance level. However, if the pair start moving lower again and close below 0.8580 then we might see a bearish continuation toward 0.8500.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8500, 0.8400

Resistance: 0.8700

GBP/JPY

GBP/JPY attempted to move upward but the pair losing momentum and currently trading near the opening level. If the pair resume the bearish correction then traders will wait near the 164.00 support level for a chance to enter long positions. Traders will continue to avoid short positions as the trend is bullish.

Today Critical level to watch:

Support: 165.00, 164.00, 161.00

Resistance: 170.00

GBP/CHF

GBP/CHF progressing lower without much trouble. The pair’s bearish trend gaining more bearish momentum today. It is a matter of time until the pair reach the 1.1600 support level. Traders will wait for bullish correction toward resistance levels for chance to enter short positions.

Today’s critical levels to watch:

Support: 1.1600

Resistance: 1.2000, 1.2125