EUR/JPY

EUR/JPY rejected from the 116.30 resistance level and close lower yesterday. The pair seems will continue its bearish movement today. We might see a bearish continuation of the long-term bearish trend and EUR/JPY might reach 114.00 or lower.

Today critical levels to watch:

Support: 114.80

Resistance: 115.80, 116.00, 116.30

EUR/GBP

EUR/GBP has started a new bullish leg from 0.8700 – 0.8750. The pair now expected to continue moving upward and reach 0.8920 and 0.9000. Traders who have entered long positions will hold the positions. Meanwhile, traders who want to enter long positions could enter it when there is bearish correction toward 0.8800.

At the current time, the pair is testing the 0.8862 level.

today critical levels to watch:

Support: 0.8750, 0.8700

Resistance: 0.8862, 0.8920, 0.9000

GBP/JPY

The 130.00 support level target almost reached in GBP/JPY. The pair expected to complete the target and bounce from the support level. GBP/JPY range span between 130.00 – 136.00 with 132.50 – 133.00 as mid-area. Traders could expect the pair will continue its movement inside the range if there is no major bearish breakout.

Today Critical level to watch:

Support: 130.00, 128.20

Resistance: 132.50, 133.00, 134.50

GBP/CHF

It is up to the bull now, to let the pair continue lower below April low or make a bounce toward 1.2000. Under the current situation, it seems the pair has more odds to continue lower and return to its bearish trend. Traders will observe the pair reaction at the current level for now.

Today critical levels to watch:

Support: 1.1867

Resistance: 1.2000