EUR/JPY

EUR/JPY is mostly higher and soon will reach the Fibonacci extension level target. The pair is in a bullish move as BOJ decides to leave its negative interest-rate policy. At the current time, the upward movement might reach the target level and start a bearish correction. Traders will wait for the bearish correction to happen toward the support level to add more long positions.

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00, 151.50, 148.50

Resistance: 162.00, 163.00

EUR/GBP

EUR/GBP is trading inside the green box area and currently moving upward with moderate bullish momentum. Traders will wait for the pair to breakout and close outside of the range to confirm the next direction. Will the pair get rejected from the trendline or the top of the green box area and resume the consolidation inside the box area?

Today’s critical levels to watch:

Support: 0.8400, 0.8325

Resistance: 0.8580, 0.8600, 0.8700, 0.8750

GBP/JPY

GBP/JPY following the movement of other JPY pairs and mostly trading higher. The pair might start a bearish correction to retest the breakout level. Traders could use the level for chance to enter long positions when there is bullish reactions. On the lower side, a close below 188.50 could overturn the current bullish trend.

Today’s Critical level to watch:

Support: 188.50, 186.00, 184.00, 182.45, 178.50

Resistance: 190.00

GBP/CHF

GBP/CHF breakout and launch upward today which confirm the bullish continuation. The pair is in a new bullish trend and will target the 1.1530 – 1.1600 area. At the current time, it is better to wait for bearish correction in the pair toward the support levels for chance to add more long positions.

Today’s critical levels to watch:

Support: 1.1100, 1.1060, 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750