EUR/JPY

EUR/JPY got rejected by the trend line but no bearish continuation yet. The pair made another bullish attempt but limited below the trend line. It is also trading inside yesterday’s range. If the pair could break out lower, then it will resume the bearish movement to target the 154.00 – 155.00 area. However, if the pair turn higher and print a new higher swing high, then the situation will turn bullish.

Today’s critical levels to watch:

Support: 155.00, 154.00

Resistance: 160.00, 163.00, 165.00

EUR/GBP

EUR/GBP made a bullish attempt today, but it relinquishes most of the gain. The pair might close near the opening level and continue testing the 0.8325 level. At the current time, the pair is trading inside the 0.8325 – 0.8400 area and no breakout yet. As long as the range hold, traders could apply range trading strategies.

Today’s critical levels to watch:

Support: 0.8325, 0.8250

Resistance: 0.8400, 0.8500, 0.8530

GBP/JPY

GBP/JPY trading near the 193.50 – 194.00 area and no sign of next movement yet. The pair might continue trading sideways near the current level and traders will wait for reactions. If the pair trade lower, then it will continue consolidation inside the 188.00 – 194.00 area.

Today’s Critical level to watch:

Support: 190.00, 188.00

Resistance: 193.50, 195.00

GBP/CHF

GBP/CHF is ranging above the 1.1360 level. No bullish continuation yet toward the trend line, which mean the current consolidation will continue. Traders could use the 1.1360 level as a support level to enter long positions targeting the trend line. However, if the pair breakout lower and close below 1.1360 with strong bearish momentum, then traders will expect consolidation inside the green box area.

Today’s critical levels to watch:

Support: 1.1360, 1.1225, 1.1200, 1.1000, 1.0800

Resistance: 1.1400