EUR/JPY

EUR/JPY has not left the 140.50 – 142.75 area. The pair bounced from the level today and will attempt to move toward 142.75. Traders will continue to monitor the pair movement inside the 140.50 – 142.75 area. The next higher high or lower low might confirm the next direction of the pair.

Today’s critical levels to watch:

Support: 140.50, 137.40, 135.00

Resistance: 142.75, 145.00, 148.50, 151.50

EUR/GBP

EUR/GBP bounced from the 0.8750 support level but the pair printed a new lower low. The upward movement seems losing pressure and might reverse soon. If the pair continues moving lower again and print a new lower low again then the bearish trend will continue. On the upside, a close above 0.8920 and 0.9000 will confirm a bullish trend.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600, 0.8580

Resistance: 0.8900, 0.9000

GBP/JPY

GBP/JPY currently consolidating near the green box area and there is no conclusion yet on the pair’s next direction. We might see more sideways movement for now. If the pair could move lower and close below 156.58 then the bearish trend will continue. On the upside, a new higher high might turn the trend bullish.

Today’s Critical level to watch:

Support: 156.58, 153.50

Resistance: 161.00, 164.00, 168.50, 170.00

GBP/CHF

GBP/CHF got rejected near the top trendline and moved toward the 1.1200 support level again. There is no change to the pair outlook yet. A consolidation might continue near the 1.1200 level. Traders will wait for the pair to print a new higher high or a new lower low to confirm the pair next long-term direction.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750