EUR/JPY

EUR/JPY pushed lower with strong bearish momentum below the 127.00 support level. It seems the bullish trend has been broken and the pair will continue moving lower. At the current time, the pair is supported by the 125.00 support level. A bounce might happen and traders will wait near the 127.00 level for a chance to enter short positions after bearish rejection.

Today critical levels to watch:

Support: 125.00

Resistance: 127.00, 128.00

EUR/GBP

EUR/GBP resume the bearish trend below 0.8325. The pair has printed a new lower swing low and trades near the bottom of the bearish channel. Traders could expect the trend to continue bearish and each bounce is a chance to enter short positions until the bearish channel is broken to the upside.

today critical levels to watch:

Support: 0.8200, 0.8120

Resistance: 0.8325

GBP/JPY

GBP/JPY could not maintain the position above 153.50 support level and finally, the pair printed a lower swing low. The trend might have switched to bearish and traders will use 153.50 as a reference level to enter short positions. If the pair continues downward then 149.20 – 150.00 is the area to watch as the target.

Today Critical level to watch:

Support: 153.50, 150.00, 149.20

Resistance: 156.58, 160.00

GBP/CHF

GBP/CHF was mostly bearish after it fell below the 1.2300 support level. The pair attempted to reverse the current bearish movement but it could not continue the bounce from 1.2300. At the current time, the pair is expected to continue the bearish movement and target the 1.2000 support level next.

Today critical levels to watch:

Support: 1.2000

Resistance: 1.2300, 1.2500, 1.2600, 1.2700