EUR/JPY

EUR/JPY starts moving lower again and might target the 142.75 level. Traders will wait near the level for bullish reactions to enter more long positions. If the pair close below 142.75 then the consolidation might continue between 140.50 – 142.75. Meanwhile, if the pair could bounce upward then 148.50 – 151.50 will become the bullish target to watch.

Today’s critical levels to watch:

Support: 142.75, 140.50, 137.40, 135.00

Resistance: 145.00, 148.50, 151.50

EUR/GBP

EUR/GBP is trading near 0.8920 and will wait for further reactions. If the pair could continue moving upward then 0.9000 is the next bullish target. A close above 0.9000 will become a long-term bullish confirmation. Meanwhile, if the pair start moving lower again and could close below 0.8750 then the trend will turn bearish.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600, 0.8580

Resistance: 0.8900, 0.9000

GBP/JPY

GBP/JPY returns to the top of the green box area and will continue testing it. The consolidation might happen and show major movement after the release of U.S. job data tomorrow. If the pair could bounce upward then 164.00, 168.50 is the bullish targets to watch.

Today’s Critical level to watch:

Support: 161.00, 156.58, 153.50

Resistance: 164.00, 168.50, 170.00

GBP/CHF

GBP/CHF hovering below the 1.1200 support level without a bearish continuation yet. The pair might continue consolidating near the 1.1200 level now. If the pair could continue the bearish movement and print a new lower low then the bearish trend will continue. On the other hand, a close above 1.1200 might cancel the current bearish movement and start another upward attempt to target 1.1530 and 1.1600.

Today’s critical levels to watch:

Support: 1.1200, 1.0500, 1.0000

Resistance: 1.1530, 1.1600, 1.1750