EUR/JPY

EUR/JPY extended the bullish movement and has reached the level near 162.39 and trend line. At the current time, the pair slightly lower but maintain gain compared to yesterday’s close. If the price continues to maintain the positions, then we might see another retest on the 162.39 level and the trend line. When the pair close above the trend line, traders will get confirmation on the next direction.

Today’s critical levels to watch:

Support: 155.00, 154.00

Resistance: 160.00, 163.00, 165.00

EUR/GBP

EUR/GBP turn lower and retesting the 0.8400 level right now. As mentioned before, if the pair close below 0.8400 then there is a chance of consolidation between the 0.8325 – 0.8400 area. However, if the pair could maintain close above 0.8400 and bounce from it, then the bullish movement could continue.

Today’s critical levels to watch:

Support: 0.8400, 0.8325, 0.8250

Resistance: 0.8500, 0.8530

GBP/JPY

GBP/JPY testing the level near 193.50 and show slight bearish rejection. The range of movement is between 188.00 – 193.50 for now. Traders will wait for a close outside the range to confirm the pair next direction. Without any breakout, the pair is expected to continue ranging between 188.00 – 193.50.

Today’s Critical level to watch:

Support: 190.00, 188.00

Resistance: 193.50, 195.00

GBP/CHF

GBP/CHF resume the bullish movement after the bounce from green box area. The pair will target the bearish trend line as shown on the chart. If the pair could break out and close above the trend line, then the bullish trend could continue. On the lower side, green box area will continue to act as support level when bearish correction happen.

Today’s critical levels to watch:

Support: 1.1360, 1.1225, 1.1200, 1.1000, 1.0800

Resistance: 1.1400