EUR/JPY

EUR/JPY continue its upward movement today and reached the orange box area again. It seems the pair made a fake bearish breakout and trapped bear on the weekly chart. If the pair could surpass two weeks high then we have confirmed a bullish scenario toward the top trendline or 133.50 resistance level.

Today critical levels to watch:

Support: 127.00, 125.00

Resistance: 128.00

EUR/GBP

EUR/GBP stick near the top trendline and the 0.8400 resistance level. The pair keep building bullish pressure and look will breakout above both resistance levels. Traders will continue to monitor the pair reaction near the 0.8400 and the trendline for now. If the pair get rejected and close below 0.8325 then the pair might restart the bearish movement to target 0.8000.

today critical levels to watch:

Support: 0.8325, 0.8200, 0.8120

Resistance: 0.8400

GBP/JPY

GBP/JPY is testing the 153.50 resistance level and has no bearish reaction yet. The pair moving upward with strong bullish pressure today. Will the pair continue the upward movement and target 156.58 resistance level? Alternatively, will it get rejected and resume the bearish movement toward the 149.20 – 150.00 area?

Today Critical level to watch:

Support: 150.00, 149.20

Resistance: 153.50, 156.58, 160.00

GBP/CHF

GBP/CHF managed to avoid printing a lower swing low. The pair currently trading in the middle of 1.2100 – 1.2300 and will attempt to move upward. If the pair continues lower and prints a lower swing low then it could continue lower to target 1.2000. On the other side, if a close above 1.2300 happens then there is a chance of bullish continuation toward 1.2500.

Today critical levels to watch:

Support: 1.2000

Resistance: 1.2300, 1.2500, 1.2600, 1.2700