EUR/JPY

EUR/JPY continues to trade inside a triangle formation, indicating that the pair remains in a consolidation phase. The current price action shows that neither buyers nor sellers have gained clear control, with the market compressing within the converging trend lines. As long as the pair remains inside the triangle structure, sideways movement may continue while traders wait for a breakout signal. A break above the upper boundary could trigger renewed bullish momentum, while a downside breakout would suggest a deeper corrective move.

Today’s critical levels to watch:

Support: 183.40, 182.583, 182.00, 180.54, 180.00

Resistance: 185.84

EUR/GBP

EUR/GBP continues to trade under bearish pressure after the recent rejection from higher levels. The pair is gradually moving lower, suggesting that sellers remain in control in the short term. If the current momentum continues, the pair could extend its decline toward the next support area around 0.8580 – 0.8600. This zone may act as an important support area where buyers could attempt to defend the market.

Today’s critical levels to watch:

Support: 0.8600

Resistance: 0.8700, 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY has broken above the triangle resistance and continues to move higher, indicating that bullish momentum is building. The breakout suggests that buyers have regained control after the recent consolidation phase. If the bullish momentum continues to strengthen, the pair may extend its upward movement toward the next resistance levels. However, traders should still watch for possible pullbacks as the market stabilizes after the breakout.

Today’s Critical level to watch:

Support: 210.00, 208.00, 207.00

Resistance: 211.50, 214.965

GBP/CHF

GBP/CHF printed a bullish engulfing pattern recently, suggesting that buyers attempted to take control after the previous decline. However, the pair has not shown strong bullish follow-through yet, indicating that the market is still lacking momentum. Without additional confirmation from continued buying pressure, the pair may remain in a consolidation phase. Traders will likely watch for a stronger bullish move to confirm a potential trend shift.

Today’s critical levels to watch:

Support: 1.03599

Resistance: 1.0500, 1.0600, 1.0660, 1.0800