EUR/JPY

EUR/JPY is currently trading inside a triangle consolidation pattern, indicating a period of indecision after the previous bullish trend. Price is moving between converging trend lines, suggesting that the market is building pressure before a potential breakout. If the pair manages to break above the triangle, the bullish trend could resume and push the pair to print higher swing high. On the downside, a break below the ascending trend line support could trigger a deeper correction to print new lower swing low.

Today’s critical levels to watch:

Support: 183.40, 182.583, 182.00, 180.54, 180.00

Resistance: 185.84

EUR/GBP

EUR/GBP is attempting to extend its downside movement after failing to sustain the recent recovery. The pair is currently trading near the 0.8700 level, which has been acting as an important short-term support. Price action suggests that sellers remain in control as the pair continues forming lower highs following the rejection near the previous resistance zone. If bearish pressure continues, then it could open the door for further downside toward the 0.8580 – 0.8600 support area.

Today’s critical levels to watch:

Support: 0.8700, 0.8600

Resistance: 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY is also trading within a triangle consolidation pattern, similar to EUR/JPY, indicating a pause in momentum after the previous upward move. The pair is currently testing the convergence of the trend lines near the 210.00 area, where the next breakout decision may occur. A breakout above the triangle resistance could allow the pair to retest higher levels toward 214.50 and beyond. Conversely, a breakdown below the ascending trend line support could trigger a corrective move toward the 208.00 area. Until a breakout occurs, the pair may continue to move sideways within the triangle structure.

Today’s Critical level to watch:

Support: 210.00, 208.00, 207.00

Resistance: 211.50, 214.965

GBP/CHF

GBP/CHF recently printed a strong bullish candlestick, signaling aggressive buying pressure in the market. After such a strong move, the pair now appears to be entering a potential consolidation phase, with price stabilizing around the 1.0400 – 1.0500 region. This type of price behavior often leads to a range formation, where the market pauses before deciding the next direction. If buyers regain control and push the pair above 1.0500, the bullish momentum could extend further. However, a break below 1.0400 would likely shift the short-term outlook toward a deeper bearish move.

Today’s critical levels to watch:

Support: 1.03599

Resistance: 1.0500, 1.0600, 1.0660, 1.0800