EUR/JPY

EUR/JPY is moving lower, but mostly trading sideways while remaining inside the triangle consolidation pattern. The pair is currently hovering near the previous day’s low, suggesting that bearish pressure is present but not strong enough to trigger a decisive breakdown. Although the market may briefly move below the previous day’s low, the current price action suggests that the pair could close the session near this level, reflecting ongoing consolidation. Traders will wait for further breakout confirmation from the triangle pattern to get clue on the next direction.

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 extending its bearish movement as selling pressure remains dominant. The pair is now approaching the 0.8580 – 0.8600 support area, which could become an important level for the next reaction. If the pair manages to break below this support zone, the bearish momentum could continue and open the path for further downside. However, a stabilization near the support area may trigger a short-term corrective rebound. For now, the overall structure still favors the downside while the market continues trading below the previous support levels.

Today’s critical levels to watch:

Support: 0.8600

Resistance: 0.8700, 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY is currently trading within the previous day’s range, suggesting that the market is entering a consolidation phase after the recent movement. This type of price action often indicates temporary indecision as traders wait for new momentum to develop. A breakout above the recent high could allow the pair to resume its bullish movement, while a breakdown below the recent low may trigger a deeper pullback. For now, the pair may continue moving sideways until a clearer directional signal emerges.

Today’s Critical level to watch:

Support: 210.00, 208.00, 207.00

Resistance: 211.50, 214.965

GBP/CHF

GBP/CHF is showing signs of upward pressure as the pair attempts to recover from the recent decline. However, the market has not yet printed a new higher high, suggesting that the bullish momentum remains limited for now. A successful breakout above the recent swing high could confirm that a short-term trend reversal is underway. Until that happens, the pair may continue trading within its current recovery phase while buyers attempt to regain control.

Today’s critical levels to watch:

Support: 1.03599

Resistance: 1.0500, 1.0600, 1.0660, 1.0800