EUR/JPY

EUR/JPY starts moving upward again and is set to test the 148.50 – 151.50 area. The pair is expected to continue the bullish trend in the long term and print a new higher high. If the pair resume the bearish movement then traders could wait near the support level for a chance to enter long positions. On the lower side, 145.00 and 142.75 will become the support level to watch.

Today’s critical levels to watch:

Support: 145.00, 142.75, 140.50

Resistance: 148.50, 151.50

EUR/GBP

EUR/GBP attempting to reverse the current bearish pressure but the pair seems losing upward pressure. At the current time, the share prices are trading near the 0.8700 support level. If the pair could trade upward then 0.8750 is the nearest resistance level to watch. On the lower side, 0.8600 will become the bearish target.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600, 0.8580

Resistance: 0.8900, 0.9000

GBP/JPY

GBP/JPY bounced from the 168.50 support level and maintain the range between 168.50 – 172.00. A consolidation might happen inside the range and traders will observe the pair reactions. On the lower side, if the pair extend the bearish movement toward the green box area then traders could prepare to enter long positions.

Today’s Critical level to watch:

Support: 170.00, 168.50

Resistance: 172.00

GBP/CHF

GBP/CHF hanging near the 1.1200 resistance level and will wait for further reactions. No new higher high or lower low printed on the chart yet. The next higher high or lower low will confirm the pair’s next directions. On the upside,t the nearest resistance level to watch is the trendline.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750