EUR/JPY

Following Monday’s bullish close, EUR/JPY is seeing a slight bearish attempt today. While the pair might attempt to push higher to erase the massive bearish move caused by recent BOJ intervention, the threat of further intervention remains a significant risk. Consequently, the prevailing bias for the pair remains bearish for the time being.

Today’s critical levels to watch:

Support: 183.40

Resistance: 185.84, 190.00

EUR/GBP

EUR/GBP launched upward today, nearly touching the 0.8700 level before retracing and losing half of those gains. Despite the pullback, the pair managed to settle higher for the day. Price action is currently contained within a range spanning 0.8600 – 0.8750, and a daily close outside these boundaries will be necessary to confirm the next major direction.

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 continues its sideways trajectory today, lacking a clear directional catalyst. The pair remains in a consolidation phase as traders weigh broader market sentiment against the yen’s volatility. Until a decisive break above or below recent highs/lows is achieved, the market expects this horizontal movement to persist.

Today’s Critical level to watch:

Support: 211.50, 210.00, 208.00, 207.00

Resistance: 214.965

GBP/CHF

GBP/CHF was under bearish pressure, testing the previous day’s low as it attempts to stabilize. Technical focus is centered on the identified green box area, which serves as the key zone to watch for potential support or a deeper breakdown. As long as there is no new lower swing low and close below the box area, the outlook still bullish.

Today’s critical levels to watch:

Support: 1.0500, 1.03599

Resistance: 1.0600, 1.0660, 1.0800