EUR/JPY

EUR/JPY closed below the rising trend line, signaling a potential shift in momentum after the strong bullish phase earlier this year. Despite the breakdown, the pair is showing some recovery today, suggesting buyers are attempting to stabilize the market. If the recovery continues, the pair may attempt to retest the broken trendline. Failure to move back above it could keep downside pressure intact in the near term.

Today’s critical levels to watch:

Support: 182.583, 182.00, 180.54, 180.00

Resistance: 183.40, 185.84

EUR/GBP

The EUR/GBP pair has paused for a second consecutive day after the recent decline. Price action is stabilizing after approaching the 0.8600 support region, although the level is still some distance below the current market price. While the broader bias remains bearish, the slowdown in downside momentum suggests the pair may experience a short-term corrective rebound. If a recovery develops, the 0.8700 area could act as the first resistance level. However, as long as the pair remains below this resistance zone, the bearish outlook remains intact and the pair could gradually move toward the 0.8600 support area.

Today’s critical levels to watch:

Support: 0.8600, 0.8580

Resistance: 0.8700, 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY is trading slightly higher today, moving closer to the area around the previously broken high. The upward movement indicates that buyers are still attempting to maintain the broader bullish structure. However, momentum appears limited so far. If the pair holds above nearby support levels, it could extend the recovery and challenge higher resistance levels again.

Today’s Critical level to watch:

Support: 210.00, 208.00, 207.00

Resistance: 211.50, 214.965

GBP/CHF

GBP/CHF is trading modestly higher but remains inside Friday’s trading range, indicating a lack of strong directional momentum. This price behavior suggests the market is currently in a consolidation phase, with traders waiting for clearer signals. A break above the range could encourage further bullish movement, while a move below it may reopen downside pressure.

Today’s critical levels to watch:

Support: 1.03599

Resistance: 1.0500, 1.0600, 1.0660, 1.0800